Anti-money Laundering Software Market (AML) 2018-2026 with leading players NameScan, Verafin, Accenture, SAS Institute , Fiserv, EastNets, Trulioo etc. - Reuters

 

Anti-money Laundering Software Market (AML) 2018-2026 with leading players NameScan, Verafin, Accenture, SAS Institute , Fiserv, EastNets, Trulioo etc.

Anti-money Laundering Software Market (AML) 2018-2026 with leading players NameScan, Verafin, Accenture, SAS Institute , Fiserv, EastNets, Trulioo etc.

Mon Nov 19, 2018 - 07:30am UTC

Credence Research recently published a research study on Anti-money Laundering Software Market By Deployment Model, By Functionality and By End-use Vertical in which it includes market size, share, trends, growth, demand and forecast

SANJOSE, United States – November 19, 2018

Credence Research published a new market report “Global Anti-money Laundering Software Market (By Deployment Model (Cloud and On-premise), By Functionality (Currency Transaction Reporting (CTR), Transaction Monitoring, Customer Identity Management and Compliance Management), By End-use Vertical (Defense and Government, BFSI, Healthcare, Retail, Transportation, IT & Telecom and Logistics, Others (Manufacturing, Energy and Utilities, etc.)))- Share, Trends, Growth, Demand, Future Prospects, and Competitive Landscape, 2018 – 2026”, the global anti-money laundering software market is supposed to show a CAGR of 12.5% during the projection period to hit US$ 4,173.9 Mn by 2026.

Market Picture:
The global anti-money laundering (AML) software market is driven by the growing number of financial fraudulent activities global. The market is set to reach US$ 4,173.9 Mn by 2026, growing at a CAGR of 12.5% throughout the forecast years from 2018 to 2026. Advancements in technology and consistent improvements in financial services are facilitating prompt and effortless money transactions over the world. On the contrary, these advances have shown banks and other financial institutions to the risk of money laundering. So, there is a rising demand for anti-money laundering software solutions that help financial institutions and companies to stay alert and avoid swindling activities. Additionally, expanding regulatory compliance demands that mandates financial institutions to install Anti-money laundering software for recognizing and identifying different transactions is driving the growth of the AML market global.

View Full report @ https://www.credenceresearch.com/report/anti-money-laundering-software-market

Transaction Monitoring Software to Continue Driving the Market
Cloud-based Solutions to Outpace On-premise Solutions throughout the Forecast Period ( for this section view full report )

BFSI Sector Supposed to See a Strong Growth in the Anti-money Laundering Software Market ( for this section view full report )

North America to Maintain its Supremacy during the Projection Period ( for this section view full report )

Competitive Insights
The presence of a large number of regional as well as global players makes the anti-money laundering software market highly fragmented. With improvements in technologies, the associated regulatory framework is growing continuously. In order to accommodate these changes, developers are constantly updating their anti-money laundering software to comply with set regulations. Developers remain to focus on improving risk assessment capabilities of their products, thereby strengthening their portfolio. For instance, in February 2018, NICE Actimize, one of the business leaders in financial crime management solutions added an autonomous financial crime management solution to its Anti-money laundering category. The next generation Suspicious Activity Monitoring (SAM) solution links machine-learning analytics with robotic process automation; virtually eliminates the manual search of third-party data, reduces investigating time, and enhances team productivity. Thus, in January 2018, Lulu International Exchange LLC, a provider of currency exchange and other financial services selected Fiserv, Inc. to perform cloud-based AML technology for enhancing its financial crime prevention capabilities.

Historical and Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – Forecast Period

View Full report @ https://www.credenceresearch.com/report/anti-money-laundering-software-market

Leading Players

OpenText Corporation
Experian Information Solutions, Inc.
Oracle Corporation
FICO TONBELLER
Ascent Technology Consulting
NameScan
Verafin, Inc.
Accenture Plc.
SAS Institute Inc.
Fiserv, Inc.
EastNets
Trulioo
BAE Systems PLC
ACI Worldwide, Inc.
NICE Actimize

Report Scope by Segments
The report presents a holistic view of global AML software market based on the deployment model, product type, end user and geography. Key sections included in the report are as follows

Functionality Segment (2016-2026; US$ Mn)
• Currency Transaction Reporting (CTR)
• Customer Identity Management
• Transaction Monitoring
• Compliance Management

Deployment Model Segment (2016-2026; US$ Mn)
• Cloud
• On-premise

End-use Vertical Segment (2016-2026; US$ Mn)
• Healthcare
• IT & Telecom
• Retail
• BFSI
• Defense and Government
• Transportation and Logistics
• Others (Manufacturing, Energy and Utilities, etc.)

ToC:
1. Preface
2. Executive Summary
3. Market Dynamics
3.1. Introduction
3.1.1. Global Anti-money Laundering Software Market Value and Growth, 2016 – 2026, (US$ Mn) (Y-o-Y %)
3.2. Market Drivers
3.3. Market Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Attractive Investment Proposition
3.6. Competitive Analysis
3.6.1. Market Positioning of Key Anti-money Laundering Software Providers, 2017
3.6.2. Key Strategies Adopted by the Leading Players
4. Global Anti-money Laundering Software Market Value, By Functionality, 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Transaction Monitoring
4.3. Currency Transaction Reporting (CTR)
4.4. Customer Identity Management
4.5. Compliance Management
5. Global Anti-money Laundering Software Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. Cloud
5.3. On-premise
6. Global Anti-money Laundering Software Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
6.1. Overview
6.2. Banking, Financial Services & Insurance (BFSI)
6.3. Defense & Government
6.4. Healthcare
6.5. IT & Telecom
6.6. Retail
6.7. Transportation & Logistics
6.8. Others (Manufacturing, Energy and Utilities, etc.)
7. North America Anti-money Laundering Software Market Analysis, 2016 – 2026 (US$ Mn)
7.1. Overview
7.1.1. North America Anti-money Laundering Software Market Value and Growth, 2016 – 2026, (US$ Mn)
7.2. North America Anti-money Laundering Software Market Value, By Functionality, 2016 – 2026 (US$ Mn)
7.2.1. Market Analysis
7.3. North America Anti-money Laundering Software Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
7.3.1. Market Analysis
7.4. North America Anti-money Laundering Software Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
7.4.1. Market Analysis
7.5. North America Anti-money Laundering Software Market Value, By Country, 2016 – 2026 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.2.1. U.S. Anti-money Laundering Software Market Value, By Functionality, 2016 – 2026 (US$ Mn)
7.5.2.2. U.S. Anti-money Laundering Software Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
7.5.2.3. U.S. Anti-money Laundering Software Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
7.5.3. Canada
7.5.3.1. Canada Anti-money Laundering Software Market Value, By Functionality, 2016 – 2026 (US$ Mn)
7.5.3.2. Canada Anti-money Laundering Software Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
7.5.3.3. Canada Anti-money Laundering Software Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
………… so on

View Full report @ https://www.credenceresearch.com/report/anti-money-laundering-software-market

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared for this task.

Related Reports:

Identity Theft Protection Services Market https://www.credenceresearch.com/report/identity-theft-protection-services-market

Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290

This content is not produced by Reuters Editorial News. It is produced by VC NewsNetwork. For content enquiry, please reach us at

Latest News >

KiotViet secures US$6 million in Series A funding for expansion plans

The store management software firm has received backing from Jungle Ventures and Traveloka.

03:33am UTC

Singapore proptech startup REALly raises US$369K seed funding.

The Business Times first reported on the startup’s successful seed round funding on Tuesday.

07:19am UTC

Thai fixed price buffet app Hungry Hub raises US$450K from Expara, 500 Startups

Hungry Hub app offers a fixed-price buffet dining service that focuses on a la carte eateries.

07:42am UTC

Singapore’s Hashmeta completes acquisition of fashion marketplace ShopperBoard

Following the deal, Hashmeta will integrate content generated from its influencer network platform StarNgage into ShopperBoard.

10:02am UTC

Malaysia’s AllSome Fulfillment raises US$1.94 million in funding led by East Ventures

The funding will be used for business support and expansion into other Southeast Asia countries.

06:10am UTC