Sci-Tech

Anti-money Laundering Software Market Present Scenario, Trends and Research Report 2019-2024

Anti-money laundering software is software used in the finance and legal industries to meet the legal requirements for financial institutions and other regulated entities to prevent or report money laundering activities. There are four basic types of software that address anti-money laundering: transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems and compliance management software.

AML software allows financial institutions and other enterprises to detect suspicious transactions and analyze customer data. Its ability to provide real-time alerts and tools to report suspicious events to maximize security and operational efficiency will foster its adoption during the forecast period.

Access this report of Anti-money Laundering Software Market @ http://arcognizance.com/report/global-anti-money-laundering-software-market-growth-status-and-outlook-2019-2024

An important growth driver for this market is the increasing regulatory compliance requirements, which compels financial institutions to adopt AML software. The growing utilization of predictive analytics to reduce false results and to decrease the compliance cost of AML software is a trend that will impel market growth until the end of 2024. Europe to be the largest market for AML software during the forecast period. Though the Europe accounts for the largest market share, the APAC region is envisaged to witness the fastest growth during the predicted period. United States will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Anti-money Laundering Software. Factors such as the rising adoption of stringent AML regulations, increasing regulatory compliance, and the growing adoption of these solutions in emerging economies like China, Mid-east and India will propel the prospects for market growth in APAC during the estimated period.

USA, Canada, Germany, China and Ireland are now the key developers of AML software. Oracle, Thomson Reuters, Fiserv, SAS, SunGard, Experian, ACI Worldwide, Tonbeller, Banker’s Toolbox, Nice Actimizem, CS&S, Ascent Technology Consultingm, Cellent Finance Solutions, Verafin and EastNets are the key suppliers in the global AML software market. Top 10 took up about 2/3 of the global market in 2016. Abroad vendors took up about than 50% of the Chinese market. Oracle, Thomson Reuters, Fiserv, SAS, SunGard, Experian, ACI Worldwide, which have leading technology and market position, are key suppliers around the world.

According to this study, over the next five years the Anti-money Laundering Software market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Anti-money Laundering Software business, shared in Chapter 3.

Request a sample of Anti-money Laundering Software Market report @ http://www.arcognizance.com/enquiry-sample/293983

This report presents a comprehensive overview, market shares and growth opportunities of Anti-money Laundering Software market by product type, application, key companies and key regions.

This study considers the Anti-money Laundering Software value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Transaction Monitoring
CTR
Compliance Management
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Tier 1
Tier 2
Tier 3
Tier 4

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Oracle
Thomson Reuters
Fiserv
SAS
SunGard
Experian
ACI Worldwide
Tonbeller
Banker’s Toolbox
Nice Actimize
CS&S
Ascent Technology Consulting
Targens
Verafin
EastNets
AML360
Aquilan
AML Partners
Truth Technologies
Safe Banking Systems

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Anti-money Laundering Software market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Anti-money Laundering Software market by identifying its various subsegments.
Focuses on the key global Anti-money Laundering Software players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Anti-money Laundering Software with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Anti-money Laundering Software submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Buy The Report @ http://www.arcognizance.com/purchase/293983

Major Point of TOC:

Chapter One: Scope of the Report

Chapter Two: Executive Summary

Chapter Three: Global Anti-money Laundering Software by Players

Chapter Four: Anti-money Laundering Software by Regions

Chapter Five: Americas

Chapter Six: APAC

Chapter Seven: Europe

Chapter Eight: Middle East & Africa

Chapter Nine: Market Drivers, Challenges and Trends

Chapter Ten: Global Anti-money Laundering Software Market Forecast

Chapter Eleven: Key Players Analysis

To Check Discount of Anti-money Laundering Software Market @ http://www.arcognizance.com/discount/293983

About Us:
www.arcognizance.com
 is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics””based on the data collection facilities of big data, the face of “”business research facilities”” has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the “”out of the box””developments in the market.

Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
+1 (646) 434-7969 +91 90967 44448
[email protected]

Tags

Related Articles

Close