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Technavio's market research analyst predicts the global anti-money laundering (AML) software market to grow steadily at a CAGR of around 11% during the forecast period. AML software allows financial institutions and other enterprises to detect suspicious transactions and analyze customer data.
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Hexa Reports Market Research Reports and Insightful Company Profiles Global Anti-money Laundering Software Market Size, Share, Costs and Price, Global Insights, Trends, Growth, Analysis and Forecasts, 2015-2020 Technavio's market research analyst predicts the global anti-money laundering (AML) software market to grow steadily at a CAGR of around 11% during the forecast period. 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. 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 2020. Browse Detail Report With TOC @ http://www.hexareports.com/report/global-anti-money-laundering- software-market-2016-2020/details Geographical segmentation of the AML software market Americas EMEA APAC In this market research, analysts have estimated the Americas to be the largest market for AML software during the forecast period. Though the Americas account for the largest market share, the APAC region is envisaged to witness the fastest growth during the predicted period. Factors such as the rising adoption of stringent AML regulations, increasing regulatory compliance, and the growing adoption of
Hexa Reports Market Research Reports and Insightful Company Profiles these solutions in emerging economies like Australia, China, and India will propel the prospects for market growth in APAC during the estimated period. Competitive landscape and key vendors The global AML software market is dominated by numerous large- and medium-sized vendors. The big companies and technology providers in this market are following strategies like M&A to increase their consumer base and to improve their global presence. The leading vendors in the market are - ACI Worldwide AML360 AML Partners AML RightSource BAE EastNets Experian Fiserv Nice Actimize Oracle Reed Elsevier Safe Banking Systems SAS SunGard Thomson Reuters Tonbeller Truth Technologies Verafin Other prominent vendros in the market include Aquilan, Ascent Technology Consulting, Banker's Toolbox, Cellent Finance Solutions, CGI group, IBM, KPMG, Jack Henry, TCS, and Temenos. Key questions answered in the report include What will the market size and the growth rate be in 2020? What are the key factors driving the global AML software market? What are the key market trends impacting the growth of the AML software market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the vendors in the global AML software market? Trending factors influencing the market shares of the Americas, EMEA, and APAC. What are the key outcomes of the five forces model of the AML software market? Technavio also offers customization on reports based on specific client requirement.
Hexa Reports Market Research Reports and Insightful Company Profiles Request A Sample copy of This Report @ http://www.hexareports.com/sample/83570 Table of Contents PART 01: Executive summary Key findings PART 02: Scope of the report Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Risks of non-compliance with AML regulations PART 06: Market landscape Market overview Market size and forecast PART 07: Market segmentation by deployment model Global AML software market by deployment model PART 08: Geographical segmentation Global AML software market by geographical segmentation 2015 Global AML software market by geographical segmentation 2015-2020 AML software market in the Americas AML software market in EMEA AML software market in APAC PART 09: Market drivers Need for regulatory compliance Increasing demand for automated transaction monitoring systems Technological advances in financial institutions Rising demand from emerging countries PART 10: Impact of drivers PART 11: Market challenges High cost of implementation Lack of internal cross-functional collaboration Issues pertaining to data security Complexity of data interpretation PART 12: Impact of drivers and challenges Browse Full Report @ http://www.hexareports.com/report/global-anti-money-laundering-software- market-2016-2020/details
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