Increasing Adoption by Enterprises in Numerous Business Operations to Propel Anti-money Laundering Software Consumption


Published Date : Mar 07, 2016

ALBANY, New York, March 07, 2016 - MarketResearchReports.biz has added a new report, titled ‘Global Anti-Money Laundering Software Consumption Industry 2016 Market Research Report,’ to its offering. This report on the anti-money laundering software consumption industry provides an extensive market assessment and includes historical information, thoughtful insights, and statistically backed data and facts on the consumption of anti-money laundering software. The analysts behind the report have provided quantitative as well as qualitative assessment of the market in the report. Aspects such as the prominent trends, market attractiveness, and macroeconomic indicators have also been analyzed in this study. The market dynamics, along with their impact on the market’s development, have also been highlighted in this report.

The report commences by providing an overview of the anti-money laundering software industry. This section of the study comprises the definition along with specifications of anti-money laundering software. The broad classifications and application areas of anti-money laundering software also form an important part of this section of the report. The report states that anti-money laundering software is utilized by financial institutions for the detection of suspicious transactions and for analyzing customer data. This software works in numerous categories such as customer identity management, currency transaction reports, compliance software, and transaction monitoring systems. The software provides tools and real-time alerts to various financial enterprises for automatically reporting suspicious events in order to maximize operational efficiency and security. Hence, enterprises are adopting anti-money laundering software for reducing the security risks involved in numerous business operations.

In the next chapter of the report, the status of the dominant regions within the market has been presented. An evaluation of the industry policies and industry news is also an integral part of this report. Furthermore, the raw material suppliers, along with the anti-money laundering software’s price evaluation, have also been presented in this report. The report also provides an reports on labor cost, equipment suppliers, and other costs. The market’s projected size has also been presented in terms of both volume and value in the forecast period between 2011 and 2016.

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The next section of the report provides information on the growth rate of the anti-money laundering software industry in the forecast horizon. This growth rate has been evaluated for the global market, China, Japan, the U.S., and Europe. As per the report, the rising regulatory compliance needs result in the increased adoption of anti-money laundering software by a number of financial institutions, thus propelling the market.

The last section of the report includes information about the competitive landscape of the anti-money laundering software industry. The prominent players elaborated upon in the report are ACI Worldwide, AML Partners, AML360, BAE, AML RightSource, Experian, Nice Actimize, Oracle, Safe Banking Systems, Cellent Finance Solutions, Thomson Reuters, Jack Henry, Temenos, TCS, Truth Technologies, Ascent Technology Consulting, and Reed Elsevier, among others.

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