Anti-Money Laundering Software Market Outlook Analysis, Size, Share, Growth, Trends, And Forecasts 2019-2025

1
Global Anti-Money Laundering Software Market Size

• By Deployment Type (On-Premise and Cloud), By
  Product Type (Transaction Monitoring Systems,
  Currency Transaction Monitoring, Customer
  Identity Management, Compliance Management and
  Others), By Application, Financial institution
  (Tier -1 Commercial Banking, Tier -2 Credit
  Finance institution, Tier -3 Micro Finance
  Institution and Tier -4 Loan Lending
  institution), By Region (North and Central
  America, Europe, Asia Pacific, South America and
  MEA)

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2
Anti-Money Laundering Software Market Size and
Forecast 2019-2025

• Global anti-money laundering software market size
  is projected to cross USD 2 billion. Increased
  frauds in Fintech services digital transactions
  and increased spending on IT solutions by
  financial institutions is expected to drive the
  growth of global anti-money laundering software
  market. 
• The study includes global anti-money laundering
  software market size till 2025 along with company
  summaries which include company overview, product
  offering, and recent developments and financial
  overview.
• Additionally, strict rules and regulations by
  Financial Action Task Force (FATF), International
  monetary funds, Bank Secrecy Act in the U.S. to
  increase the adoption of anti-money laundering
  software driving the AML software market growth.
• On-premise is projected to be a preferred
  deployment type over cloud during the forecast
  period. Concerns over security and data theft for
  cloud deployment is the reason for slower
  adoption. 
• Transaction monitoring software will continue its
  dominance with a share of around 50 during the
  forecast period.
• International banking systems are facing
  increased money laundering threats and hence
  major commercial banks worldwide are updating
  their transaction monitoring systems, which shall
  assist them in suspicious transaction monitoring
  on a real-time basis. 
• Browse the complete report on _at_
  https//adroitmarketresearch.com/industry-reports/
  anti-money-laundering-software-market

3
Anti-Money Laundering Software Market Size and
Forecast 2019-2025

• Technological developments such as machine
  learning which is capable of constructing
  algorithms that shall help in the predictive
  analysis are expected to revolutionize the
  anti-money laundering software.
• According to the United Nations Office on Drug
  and Crime, money laundering worldwide is
  estimated to be 2 of the global GDP. To counter
  these money laundering cases which are financing
  to terror activities and drug trafficking
  government have implemented various acts and
  rules in many regions for the financial
  institution.
• In North and Central America, USA Patriot Act and
  Bank Secrecy Act in the U.S., Proceeds of Crime
  (Money Laundering) in Canada and Federal Law for
  the Prevention and Identification of Operations
  in Mexico are the reason major financial
  institutions in the region have widely adopted to
  anti-money laundering software. 
• Thus, North and Central America had the largest
  market in 2017 and is projected to grow at a CAGR
  of 8.46 during the estimated period in global
  anti-money laundering software market.
• The key players associated in the global
  anti-money laundering software market are Oracle
  Corporation, Fiserv, Inc., Accenture Inc., SAS
  Institute Inc., Thomson Reuters Corporation,
  SunGard, FICO TONBELLER, Ascent Technology
  Consulting, EastNets and others. 
• Thus, major financial institutions are
  implementing and updating their transaction
  monitoring software, which is driving the growth
  of the global anti-money laundering software
  market.

4
Key segments of the global Anti-Money Laundering
Software market

• Deployment Overview, 2012-2025 (USD million)
• On premise
• Cloud
• Product Overview, 2012-2025 (USD million)
• Transaction Monitoring Software
• Currency Transaction Monitoring
• Customer Identity Management
• Compliance Management
• Others
• Application Overview, 2012-2025 (USD million)
• Tier-1 Commercial banks
• Tier-1 Commercial banks
• Tier 3 Micro finance Institutions
• Tier-4 Loan lending institutions
• Purchase a single user copy of the global
  Anti-Money Laundering Software market report _at_
  https//adroitmarketresearch.com/researchreport/pu
  rchase/342

5
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