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Anti-Money Laundering Software Market

Anti-Money Laundering Software Market to grow at a significant CAGR of 14.12% based on value during the forecast period from 2020 to 2025. North America dominated the anti-money laundering software industry with a share of 36.4% in 2019.<br>View: https://bisresearch.com/industry-report/global-anti-money-laundering-software-market.html

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Anti-Money Laundering Software Market

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  1. Global Anti-Money Laundering Software Market Focus on Software Type, Deployment Mode, and End User – Analysis and Forecast, 2020-2025 October 2020 TOC

  2. Global Anti-Money Laundering Software Market BIS Research is a leading market intelligence and technology research company. BIS Research publishes in-depth market intelligence reports focusing on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data and other important market parameters useful in the strategic decision making for senior management. BIS Research provides multi-client reports, company profiles, databases, and custom research services. Copyright © 2020 BIS Research All Rights Reserved. This document contains highly confidential information and is the sole property of BIS Research. Disclosing, copying, circulating, quoting or otherwise reproducing any or all contents of this document is strictly prohibited. Access to this information is provided exclusively for the benefit of the people or organization concerned. It may not be accessed by or offered whether for sale or otherwise to any third party. All rights reserved at BIS Research 2

  3. Global Anti-Money Laundering Software Market Preface Preface Rapid advancements in financial services and technologies effectively help facilitate smooth and prompt transactions of money worldwide. However, this exposes the financial institutions to the risk of money laundering. Therefore, it has become crucial and urgent to combat money laundering. The banking software industry consists of a range of activities, which are utilizing resources to create value and benefit society, globally, in terms of understanding, exploring, researching, managing, and utilizing financial services. It is expected that in the next decade, the banking industry will witness both a revolution and an evolution, in terms of facilitating global, multi-service, low-cost, and digital banking. However, with rapid growth in the banking software industry, there is an increasing demand for regulators to counter the upsurge in the financing of terrorism and money laundering incidences. The market research study offers a broad perspective on the anti-money laundering (AML) software, delivery modes, and software types. The report also provides an analysis of the market penetration of the AML software across different regions and countries. The global AML software market research study offers a wide perspective on the analysis of the industry. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools, which have been used to build the forecast and the predictive models. This research has been conducted to answer some of the most crucial questions about the AML software market: ▪ What is the estimated size of the global anti-money laundering software market in terms of value from 2019 to 2025, along with the CAGR from 2020 to 2025? ▪ What are the different types of anti-money laundering software and their growth patterns in terms of value in different regions? ▪ Which end user category is expected to be dominant in the global anti-money laundering software market during the forecast period 2020-2025? ▪ What are the different deployment modes through which AML software is deployed? ▪ Which are the major regions and countries that provide growth opportunities for the AML software market? All rights reserved at BIS Research 3

  4. Global Anti-Money Laundering Software Market ▪ What is the competitive strength of the key players in the AML software market on the basis of their recent developments, product offerings, market analysis, and regional presence? ▪ What are the trends in the global AML software market across different regions? ▪ What are the major driving forces, challenges, and opportunities that tend to increase the demand for AML software during the forecast period? While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the different governmental regulations, consortiums, and regulations. The report is based on discussions and interviews with the top management of the leading AML software developers and solution providers. The AML software market is expected to play out differently for every region or country. Therefore, this report segments the market accordingly and breaks down the industry geographically as follows: North America (the U.S. and Canada), Europe (Germany, the U.K, Italy, Spain, and Rest-of-Europe), Asia- Pacific (China, India, Australia, Japan, Singapore, and Rest-of-Asia-Pacific), Latin America (Brazil, Mexico, and Rest-of-Latin America), and Middle East & Africa (GCC Countries, Israel, South Africa, and Rest-of-Middle East & Africa). Each geographical region analysis details the individual push-and-pull forces in addition to the key players from that region. All rights reserved at BIS Research 4

  5. Global Anti-Money Laundering Software Market T Table of able of C Contents ontents Executive Summary ........................................................................................................ 23 1.Market Dynamics ...................................................................................................... 35 1.1 Market Drivers ................................................................................................. 35 1.1.1 Rise in Volume of Wired Transactions ........................................... 36 1.1.2 Increased Need for Automated Transaction Monitoring Systems ............................................................................................. 37 1.1.3 High Adoption of Cloud Services by Financial Sector .................. 38 1.1.4 Implementation of Network Analytics to Streamline Fraud Detection Operations ....................................................................... 39 1.1.5 Compliance Requirement With International Regulatory Bodies ............................................................................................... 40 Restraints ......................................................................................................... 43 1.2.1 High Cost of AML Software ............................................................. 43 1.2.2 Challenge in Integration of AML Software into Existing Systems ............................................................................................. 44 1.2.3 Risk of Security Breaches and Cyber Security Threats ................ 45 Market Opportunities ...................................................................................... 45 1.3.1 Adoption of Analytics and Machine Learning in AML ................... 46 1.3.2 Anti-Money Laundering Software in Cryptocurrency Market ....... 48 1.3.3 Emerging Economies Adopting AML Solutions ............................ 50 1.3.4 Robotic Process Automation in AML and KYC.............................. 51 1.2 1.3 2.Competitive Landscape ........................................................................................... 54 2.1 Key Strategies and Partnerships ................................................................... 54 2.1.1 Partnerships, Joint Ventures, and Collaborations ........................ 55 2.1.2 Product Launches ............................................................................ 56 2.1.3 Business Expansions ...................................................................... 57 2.1.4 Mergers and Acquisitions ................................................................ 57 2.1.5 Other Key Developments ................................................................. 58 Some of AML Software Vendors and Their Offerings .................................. 59 Market Share Analysis, 2019 .......................................................................... 61 2.2 2.3 All rights reserved at BIS Research 5

  6. Global Anti-Money Laundering Software Market 3.Industry Analysis ...................................................................................................... 62 3.1 Industry Overview ........................................................................................... 62 3.1.1 Increasing Usage of Cognitive Computing .................................... 62 3.1.2 Application in the Graph Analytics ................................................. 63 3.1.3 Advancement in Machine Learning ................................................ 63 3.1.4 Robotic Process Automation .......................................................... 64 Patent Analysis ............................................................................................... 64 Consortium, Associations and Regulatory Bodies ...................................... 66 Supply Chain Analysis.................................................................................... 70 Impact of COVID-19 on Anti-Money laundering Software Market ............... 74 3.5.1 Some Advanced AML Software in U.K. .......................................... 77 3.2 3.3 3.4 3.5 4.Global Anti-Money Laundering Software Market, 2019-2025 ................................ 79 4.1 4.2 Assumptions and Limitations ........................................................................ 79 Market Overview .............................................................................................. 80 5.Global Anti-Money Laundering Software Market, by Deployment Mode ............. 81 5.1 5.2 5.3 Market Overview .............................................................................................. 81 On-Premises .................................................................................................... 82 Cloud-Based .................................................................................................... 86 6.Global Anti-Money Laundering Software Market, by Software Type ................... 89 6.1 6.2 Market Overview .............................................................................................. 89 Transaction Monitoring Software .................................................................. 91 6.2.1 Global AML Transaction Monitoring Software (by Deployment Mode) ........................................................................... 93 6.2.2 Global AML Transaction Monitoring Software Market (by Region) .............................................................................................. 94 Currency Transaction Reporting Software ................................................... 94 6.3.1 Global AML Currency Transaction Reporting Software Market (by Deployment Mode) ........................................................ 96 6.3.2 Global AML Currency Transaction Reporting Software Market (by Region) ........................................................................... 97 Customer Identity Management Software (CIM) ........................................... 98 6.4.1 Global AML Customer Identity Management Software Market (by Deployment Mode) ........................................................ 99 6.3 6.4 All rights reserved at BIS Research 6

  7. Global Anti-Money Laundering Software Market 6.4.2 Global AML Customer Identity Management Software Market (by Region) ......................................................................... 100 Compliance Management Software ............................................................. 101 6.5.1 Global AML Compliance Management Software Market (by Deployment Type Mode) ................................................................ 104 6.5.2 Global AML Compliance Management Software Market (by Region) ............................................................................................ 105 Sanction Screening Software and Case Management Software ............... 106 6.6.1 Global AML Sanction Screening Software and Case Management Software Market (by Deployment Mode) ................ 108 6.6.2 Global AML Sanction Screening Software and Case Management Software Market (by Region) .................................. 109 6.5 6.6 7.Global Anti-Money Laundering Software Market, by End User .......................... 111 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 Market Overview ............................................................................................ 111 IT and Telecommunications ......................................................................... 112 Healthcare ...................................................................................................... 114 Transportation and Logistics ....................................................................... 115 BFSI ................................................................................................................ 116 Defense and Government ............................................................................. 117 Retail .............................................................................................................. 119 Energy and Utilities ....................................................................................... 120 Others ............................................................................................................ 121 8.Global Anti-Money Laundering Software Market, by Region .............................. 123 8.1 8.2 Market Overview ............................................................................................ 123 North America ............................................................................................... 125 8.2.1 U.S. .................................................................................................. 127 8.2.2 Canada ............................................................................................ 131 Europe ............................................................................................................ 134 8.3.1 Germany .......................................................................................... 135 8.3.2 U.K. .................................................................................................. 137 8.3.3 Italy .................................................................................................. 139 8.3.4 Spain ................................................................................................ 141 8.3.5 Rest-of-Europe ............................................................................... 143 8.3 All rights reserved at BIS Research 7

  8. Global Anti-Money Laundering Software Market 8.4 Asia-Pacific .................................................................................................... 144 8.4.1 Australia .......................................................................................... 146 8.4.2 China ............................................................................................... 148 8.4.3 India ................................................................................................. 150 8.4.4 Japan ............................................................................................... 152 8.4.5 Singapore ........................................................................................ 154 8.4.6 Rest-of-Asia-Pacific ........................................................................ 156 Middle East & Africa ..................................................................................... 158 8.5.1 GCC Countries ................................................................................ 160 8.5.2 Israel ................................................................................................ 161 8.5.3 South Africa .................................................................................... 162 8.5.4 Rest-of-Middle East & Africa ......................................................... 163 Latin America ................................................................................................ 164 8.6.1 Brazil ................................................................................................ 166 8.6.2 Mexico ............................................................................................. 167 8.6.3 Rest-of-Latin America .................................................................... 169 8.5 8.6 9.Company Profiles ................................................................................................... 171 9.1 9.2 Overview ........................................................................................................ 171 Accuity Inc. .................................................................................................... 173 9.2.1 Company Overview ........................................................................ 173 9.2.2 Role of Accuity Inc. in Anti-Money Laundering Software Market .............................................................................................. 173 9.2.3 SWOT Analysis ............................................................................... 174 ACI Worldwide, Inc. ....................................................................................... 175 9.3.1 Company Overview ........................................................................ 175 9.3.2 Role of ACI Worldwide, Inc. in Global Anti-Money Laundering Software Market ......................................................... 175 9.3.3 Financials ........................................................................................ 177 9.3.4 Key Insights About the Financial Health of the Company .......... 178 9.3.5 SWOT Analysis ............................................................................... 179 AML Partners ................................................................................................. 180 9.4.1 Company Overview ........................................................................ 180 9.3 9.4 All rights reserved at BIS Research 8

  9. Global Anti-Money Laundering Software Market 9.4.2 Role of AML Partners in Anti-Money Laundering Software Market .............................................................................................. 180 Product Portfolio ............................................................................ 181 Corporate Summary ....................................................................... 181 SWOT Analysis ............................................................................... 182 BAE Systems ................................................................................................. 183 9.5.1 Company Overview ........................................................................ 183 9.5.2 Role of BAE Systems in Global Anti-Money Laundering Software Market .............................................................................. 183 9.5.3 Financials ........................................................................................ 186 9.5.4 Key Insights About the Financial Health of the Company .......... 188 9.5.5 SWOT Analysis ............................................................................... 189 CaseWare RCM Inc. ...................................................................................... 190 9.6.1 Company Overview ........................................................................ 190 9.6.2 Role of CaseWare RCM Inc. in the Global Anti-Money Laundering Software Market ......................................................... 190 9.6.3 SWOT Analysis ............................................................................... 192 Experian PLC ................................................................................................. 193 9.7.1 Company Overview ........................................................................ 193 9.7.2 Role of Experian PLC in Global Anti-Money Laundering Software Market .............................................................................. 193 9.7.3 Financials ........................................................................................ 195 9.7.4 SWOT Analysis ............................................................................... 197 FICO ............................................................................................................... 198 9.8.1 Company Overview ........................................................................ 198 9.8.2 Role of FICO in Anti-Money Laundering Software market .......... 198 9.8.3 Financials ........................................................................................ 200 9.8.4 SWOT Analysis ............................................................................... 202 Fiserv, Inc. ..................................................................................................... 203 9.9.1 Company Overview ........................................................................ 203 9.9.2 Role of Fiserv Inc. in Global Anti-Money Laundering Software Market .............................................................................. 203 9.9.3 Financials ........................................................................................ 205 9.9.4 SWOT Analysis ............................................................................... 207 9.4.3 9.4.4 9.4.5 9.5 9.6 9.7 9.8 9.9 All rights reserved at BIS Research 9

  10. Global Anti-Money Laundering Software Market 9.10Global Radar .................................................................................................. 208 9.10.1 Company Overview ........................................................................ 208 9.10.2 Role of Global Radar in Global Anti-Money Laundering Software Market .............................................................................. 208 9.10.3 SWOT Analysis ............................................................................... 210 9.11Infrasoft Technologies Ltd. .......................................................................... 211 9.11.1 Company Overview ........................................................................ 211 9.11.2 Role of Infrasoft Technologies, Ltd. in Global Anti-Money Laundering Software Market ......................................................... 211 9.11.3 SWOT Analysis ............................................................................... 213 9.12Lexis Nexis .................................................................................................... 214 9.12.1 Company Overview ........................................................................ 214 9.12.2 Role of LexisNexis in AML Software Market ................................ 214 9.12.3 Corporate Summary ....................................................................... 216 9.12.4 SWOT Analysis ............................................................................... 217 9.13NICE Actimize ................................................................................................ 218 9.13.1 Company Overview ........................................................................ 218 9.13.2 Role of NICE Actimize in AML software market ........................... 218 9.13.3 Financials ........................................................................................ 220 9.13.4 Key Insights about the Financial Health of the Company ........... 222 9.13.5 SWOT Analysis ............................................................................... 223 9.14Oracle Corporation ....................................................................................... 224 9.14.1 Company Overview ........................................................................ 224 9.14.2 Role of Oracle Corporation in Global Anti-Money Laundering Software Market ......................................................... 224 9.14.3 Financials ........................................................................................ 226 9.14.4 Key Insights About the Financial Health of the Company .......... 228 9.14.5 SWOT Analysis ............................................................................... 229 9.15SAS Institute Inc. ........................................................................................... 230 9.15.1 Company Overview ........................................................................ 230 9.15.2 Role of SAS Institute Inc. in AML Software Market ..................... 230 9.15.3 Corporate Summary ....................................................................... 231 9.15.4 SWOT Analysis ............................................................................... 232 9.16Targens GmbH .............................................................................................. 233 All rights reserved at BIS Research 10

  11. Global Anti-Money Laundering Software Market Company Overview ........................................................................ 233 Role of Targens GmbH in Global Anti-Money Laundering Software Market .............................................................................. 233 SWOT Analysis ............................................................................... 235 9.17Temenos ........................................................................................................ 236 9.17.1 Company Overview ........................................................................ 236 9.17.2 Role of Temenos in AML Software Market ................................... 236 9.17.3 Financials ........................................................................................ 237 9.17.4 SWOT Analysis ............................................................................... 239 9.18List of Other Key Players .............................................................................. 240 9.18.1 Fidelity National Information Services ......................................... 240 9.18.2 Kount ............................................................................................... 241 9.18.3 Feedzai ............................................................................................ 241 9.18.4 Featurespace .................................................................................. 242 9.18.5 Accertify .......................................................................................... 242 9.18.6 Cybersource ................................................................................... 243 9.18.7 Forter ............................................................................................... 243 9.18.8 ProcessGene Ltd. ........................................................................... 244 9.18.9 4xLabs Pte Ltd. ............................................................................... 244 9.18.10Thomson Reuters ........................................................................... 245 9.18.11Token of Trust LLC. ........................................................................ 245 9.16.1 9.16.2 9.16.3 10.Research Scope and Methodology ....................................................................... 246 10.1Scope of the Report ...................................................................................... 246 10.2AML Software Market Research Methodology ........................................... 247 10.2.1 Primary Data Sources .................................................................... 248 10.2.2 Secondary Data Sources ............................................................... 249 10.2.3 Assumptions and Limitations ....................................................... 251 All rights reserved at BIS Research 11

  12. Global Anti-Money Laundering Software Market List of Tables List of Tables Table 1: Key Regulatory Bodies, Associations, and Consortia ............................................................. 27 Table 1.1: Impact Analysis Market Drivers ............................................................................................. 36 Table 1.2: Comparison Between Manual and Automated Anti-Money Laundering Software .............. 37 Table 1.3: Key Government Regulatory Bodies ..................................................................................... 40 Table 1.4: Legal Petitions, 2014-2017 .................................................................................................... 41 Table 1.5: Penalties and Fines, 2018 ..................................................................................................... 42 Table 1.6: Impact Analysis Market Restraints ........................................................................................ 43 Table 1.7: Company Size and Percentage Investment in Anti-Money Laundering Software .............. 44 Table 1.8: Emerging Nations with New Regulations to Fight Money Laundering ................................. 50 Table 2.1: Key Global AML Software Vendors ....................................................................................... 59 Table 3.1: Filed Patents Pertaining to AML Software Market (February 2015-December 2018) ......... 64 Table 3.2: Key Regulatory Bodies, Associations and Consortiums ...................................................... 66 Table 5.1: Global AML Software Market (by Deployment Mode), $Million, 2019-2025 ........................ 81 Table 6.1: Global Anti-Money Laundering Software Market (by Software Type), $Million, 2019- 2025 .................................................................................................................................... 90 Table 6.2: Global AML Transaction Monitoring Software Market (by Deployment Mode), $Million, 2019-2025 .......................................................................................................................... 93 Table 6.3: Global AML Transaction Monitoring Software Market (by Region), $Million, 2019-2025 ... 94 Table 6.4: Global AML Currency Transaction Reporting Software Market (by Deployment Mode), $Million, 2019-2025............................................................................................................ 96 Table 6.5: Global Currency Transaction Reporting Software Market (by Region), $Million, 2019- 2025 .................................................................................................................................... 97 Table 6.6: Global AML Customer Identity Management Software Market (by Deployment Mode), $Million, 2019-2025............................................................................................................ 99 Table 6.7: Global AML Customer Identity Management Software Market (by Region), $Million, 2019-2025 ........................................................................................................................ 100 Table 6.8: Global AML Compliance Management Software Market (by Deployment Mode), $Million, 2019-2025.......................................................................................................... 104 Table 6.9: AML Compliance Management Software Market (by Region), $Million, 2019-2025 ....... 105 All rights reserved at BIS Research 12

  13. Global Anti-Money Laundering Software Market Table 6.10: Global Sanction Screening Software and Case Management Software Market (by Deployment Mode), $Million, 2019-2025 ........................................................................ 108 Table 6.11: Global Sanction Screening Software and Case Management Software Market (by Region), $Million, 2019-2025........................................................................................... 109 Table 7.1: Global AML Software Market (by End User), $Million, 2019-2025 .................................... 112 Table 8.1: AML Software Market (by Region), $Million, 2019-2025 .................................................... 125 Table 8.2: BASEL Index Score in 2019 ................................................................................................ 126 Table 8.3: North America AML Software Market (by Country), $Million, 2019-2025 .......................... 126 Table 8.4: AML Enforcements in the U.S., 2016-2018 ........................................................................ 129 Table 8.5: BASEL AML Index Scores of Key European Countries in 2019 ........................................ 134 Table 8.6: Europe AML Software Market, $Million, 2019-2025 ........................................................... 135 Table 8.7: Basel Index Score 2019 ....................................................................................................... 144 Table 8.8: BASEL AML Index Scores of Key Countries in Asia-Pacific in 2019 ................................. 145 Table 8.9: APAC AML Software Market (by Country), $Million, 2019-2025 ....................................... 145 Table 8.10: Money Laundering Cases in India, 2010-2018 ................................................................. 151 Table 8.11: BASEL AML Index Scores 2018 and Number of STRs, 2013-2014 ............................... 157 Table 8.12: BASEL AML Index Scores of Key Countries in Middle East & Africa in 2019 ................. 159 Table 8.13: Middle East & Africa AML Software Market (by Country), $Million, 2019-2025 .............. 159 Table 8.14: BASEL AML Index Scores of Key Countries in Latin America in 2019 ........................... 165 Table 8.15: Latin America AML Software Market (by Country), $Million, 2019-2025 ......................... 165 Table 8.16: Entities AML/CFT Supervision in Mexico, 2017................................................................ 168 Table 9.1: Accuity Inc.: Product Portfolio for Anti-Money Laundering Software Market ..................... 174 Table 9.2: ACI Worldwide, Inc.: Product Portfolio for Anti-Money Laundering Software Market ....... 176 Table 9.3: AML Partners: Product Portfolio .......................................................................................... 181 Table 9.4: BAE Systems: Product Portfolio for Anti-Money Laundering Software Market ................. 184 Table 9.5: CaseWare RCM Inc. Product Portfolio for Anti-Money Laundering Software Market ....... 191 Table 9.6: Experian PLC: Product Portfolio for Anti-Money Laundering Software Market ................. 194 Table 9.7: FICO: Product Portfolio for Anti-Money Laundering Software Market ............................... 199 Table 9.8: Fiserv, Inc.: Product Portfolio for Anti-Money Laundering Software Market ...................... 204 Table 9.9: Global Radar: Product Portfolio for Anti-Money Laundering Software Market .................. 209 All rights reserved at BIS Research 13

  14. Global Anti-Money Laundering Software Market Table 9.10: Infrasoft Technologies, Ltd.: Product Portfolio for Anti-Money Laundering Software Market............................................................................................................................... 212 Table 9.11: LexisNexis: Product Portfolio for Anti-Money Laundering Software Market .................... 215 Table 9.12: NICE Actimize: Product Portfolio for Anti-Money Laundering Software Market .............. 219 Table 9.13: Oracle Corporation: Product Portfolio for Anti-Money Laundering Software Market ....... 225 Table 9.14: SAS Institute Inc.: Product Portfolio for Anti-Money Laundering Software Market ......... 231 Table 9.15: Targens GmbH: Product Portfolio for Anti-Money Laundering Software Market ............ 234 Table 9.16: Temenos: Product Portfolio for Anti-Money Laundering Software Market ...................... 237 All rights reserved at BIS Research 14

  15. Global Anti-Money Laundering Software Market List of List of Figures Figures Figure 1: Technological Disruption in AML Industry ............................................................................... 24 Figure 2: BASEL Anti-Money Laundering (AML) Index Scores, 2019 .................................................. 25 Figure 3: Global AML Software Market Snapshot, $Million, 2019, 2020, 2025 .................................... 28 Figure 4: Global AML Software Market Snapshot (by Deployment Mode,) $Million, 2019, 2020, and 2025 ............................................................................................................................ 29 Figure 5: Global AML Software Market Snapshot (by Software Type), $Million, 2019, 2020, and 2025 .................................................................................................................................... 30 Figure 6: Global AML Software Market Snapshot (by End User), $Million, 2019, 2020, and 2025 ..... 31 Figure 7: Global AML Software Market (by Region), 2019 .................................................................... 32 Figure 1.1: Market Dynamics .................................................................................................................. 35 Figure 1.2: Trends in Noncash Payments, 2000-2017 .......................................................................... 36 Figure 1.3: Adoption of Analytics in AML Software ................................................................................ 46 Figure 2.1: Share of Key Market Strategies and Developments, Jan 2014-June 2020 ....................... 54 Figure 2.2: Partnerships, Joint Ventures, and Collaborations, Jan 2014-June 2020 ........................... 55 Figure 2.3: Product Launches, Jan 2014-June 2020 ............................................................................. 56 Figure 2.4: Business Expansion, Jan 2014-June 2020 ......................................................................... 57 Figure 2.5: Mergers and Acquisitions, January 2014-June 2020 .......................................................... 58 Figure 2.6: Other Key Developments, January 2014-June 2020 .......................................................... 59 Figure 2.7: Key Vendors Market Share Analysis, (2019) ....................................................................... 61 Figure 3.1: Industry Analysis Segments ................................................................................................. 62 Figure 3.2: Anti-Money Laundering Software: Value Chain Analysis .................................................... 70 Figure 3.3: Anti-Money Laundering Software: Core Necessities ........................................................... 72 Figure 3.4: Key Features of an Anti-Money Laundering Compliance System ...................................... 73 Figure 3.5: Global Anti-Money Laundering Software Market, $Million, 2019-2025 .............................. 75 Figure 4.1: Global Anti-Money Laundering Software Market, $Million, 2019-2025 .............................. 80 Figure 5.1: Global Anti-Money Laundering Software Market (by Deployment Mode) .......................... 81 Figure 5.2: Advantages of On-Premises Deployment Type .................................................................. 82 Figure 5.3: Disadvantages of On-Premises Deployment Type ............................................................. 83 All rights reserved at BIS Research 15

  16. Global Anti-Money Laundering Software Market Figure 5.4: On-Premise-Based AML Software Market, $Million, 2019-2025 ........................................ 84 Figure 5.5: Factors Limiting Enterprise From Using Cloud Computing Services, by Type of Enterprise ........................................................................................................................... 85 Figure 5.6: Advantages of Cloud-Based Deployment Type .................................................................. 87 Figure 5.7: Disadvantages of Cloud-Based Deployment Type ............................................................. 87 Figure 5.8: Global Cloud-Based Deployment Model AML Software Market, $Million, 2019-2025 ..... 88 Figure 6.1: Global Anti-Money Laundering Software Market (by Software Type) ................................ 89 Figure 6.2: Working of an AML Transaction Monitoring Software ......................................................... 91 Figure 6.3: Format of AML Currency Transaction Reporting Software ................................................. 95 Figure 6.4: Application Lifecycle Management (ALM) Customer Identity Management Applications and Systems ...................................................................................................................... 98 Figure 6.5: AML Compliance Management Process ........................................................................... 102 Figure 6.6: AML Compliance Management Features .......................................................................... 103 Figure 6.7: Sanction Screening System Process ................................................................................. 106 Figure 6.8: Case Management System Architecture ........................................................................... 107 Figure 6.9: Features of Sanction Screening and Case Management Software ................................. 108 Figure 7.1: Global Anti-Money Laundering Software Market (by End User) ....................................... 111 Figure 7.2: IT and Telecommunication Market, $Million, 2019-2025 .................................................. 113 Figure 7.3: Healthcare Market, $Million, 2019-2025 ............................................................................ 115 Figure 7.4: Transportation and Logistics Market, $Million, 2019-2025 ................................................ 116 Figure 7.5: BFSI Market, $Million, 2019-2025 ...................................................................................... 117 Figure 7.6: Defense and Government Market, $Million, 2019-2025 ................................................... 118 Figure 7.7: Retail Market, $Million, 2019-2025 ..................................................................................... 119 Figure 7.8: Energy and Utilities Market, $Million, 2019-2025 .............................................................. 121 Figure 7.9: Others AML Market, $Million, 2019-2025 .......................................................................... 122 Figure 8.1: Global AML Software Market – Regional Segmentation ................................................... 123 Figure 8.2: Global AML Software Market (by Region), 2020 and 2025 .............................................. 124 Figure 8.3: U.S. AML Software Market, $Million, 2019-2025 .............................................................. 127 Figure 8.4: Number of Fraud, Identity Theft, and Other Reports in U.S., 2001-2018 ......................... 128 Figure 8.5: Canada AML Software Market, $Million, 2019-2025 ......................................................... 131 All rights reserved at BIS Research 16

  17. Global Anti-Money Laundering Software Market Figure 8.6: Comparison of Large Cash Transaction, Suspicious Transactions Report, and Casino Disbursement in Canada, 2016-2019 ............................................................................. 132 Figure 8.7: Compliance Examination in Canada, 2015-2019 .............................................................. 133 Figure 8.8: Germany AML Software Market, $Million, 2019-2025 ...................................................... 135 Figure 8.9: U.K. AML Software Market, $Million, 2019-2025 .............................................................. 137 Figure 8.10: Financial Fraud Losses in U.K., 2017 .............................................................................. 138 Figure 8.11: Italy AML Software Market, $Million, 2019-2025 ............................................................. 139 Figure 8.12: Spain AML Software Market, $Million, 2019-2025 .......................................................... 141 Figure 8.13: Rest-of-Europe AML Software Market, $Million, 2019-2025 .......................................... 143 Figure 8.14: Australia AML Software Market, $Million, 2019-2025 ..................................................... 146 Figure 8.15: China AML Software Market, $Million, 2019-2025 .......................................................... 148 Figure 8.16: India AML Software Market, $Million, 2019-2025 ............................................................ 150 Figure 8.17: Japan AML Software Market, $Million, 2019-2025 ......................................................... 152 Figure 8.18: Singapore AML Software Market, $Million, 2019-2025 ................................................... 154 Figure 8.19: Rest-of-Asia-Pacific AML Software Market, $Million, 2019-2025 ................................... 156 Figure 8.20: GCC Countries AML Software Market, $Million, 2019-2025 .......................................... 160 Figure 8.21: Israel AML Software Market, $Million, 2019-2025 ........................................................... 161 Figure 8.22: South Africa AML Software Market, $Million, 2019-2025 ............................................... 162 Figure 8.23: Rest-of-Middle East & Africa AML Software Market, $Million, 2019-2025 ..................... 163 Figure 8.24: Brazil AML Software Market, $Million, 2019-2025 .......................................................... 166 Figure 8.25: Mexico AML Software Market, $Million, 2019-2025 ........................................................ 167 Figure 8.26: Rest-of-Latin America AML Software Market, $Million, 2019-2025 ................................ 169 Figure 9.1: Share of Key Companies ................................................................................................... 171 Figure 9.2: Accuity Inc.: SWOT Analysis .............................................................................................. 174 Figure 9.3: ACI Worldwide, Inc.: Overall Financials, 2017-2019 ......................................................... 177 Figure 9.4: ACI Worldwide, Inc.: Net Revenue (by Business Segment), 2015-2017 ......................... 177 Figure 9.5: ACI Worldwide, Inc.: Net Revenue (by Region), 2017-2019 ............................................. 178 Figure 9.6: Research and Development: ACI Worldwide, Inc. ($Thousand), 2017-2019 .................. 179 Figure 9.7: ACI Worldwide, Inc.: SWOT Analysis ................................................................................ 179 Figure 9.8: AML Partners: SWOT Analysis .......................................................................................... 182 All rights reserved at BIS Research 17

  18. Global Anti-Money Laundering Software Market Figure 9.9: BAE Systems: Overall Financials, 2017-2019 ................................................................... 186 Figure 9.10: BAE Systems: Net Revenue (by Business Segment), 2017-2019 ................................. 187 Figure 9.11: BAE Systems: Net Revenue (by Region), 2017-2019 .................................................... 187 Figure 9.12: Research and Development: BAE Systems, 2017-2019 ................................................ 188 Figure 9.13: BAE Systems: SWOT Analysis ........................................................................................ 189 Figure 9.14: CaseWare RCM Inc.: SWOT Analysis ............................................................................. 192 Figure 9.15: Experian PLC: Overall Financials, 2018-2020 ................................................................. 195 Figure 9.16: Experian PLC: Net Revenue (by Region), 2018-2020 .................................................... 196 Figure 9.17: Experian PLC: Net Revenue (by Business Segment), 2018-2020 ................................. 196 Figure 9.18: Experian PLC: SWOT Analysis ........................................................................................ 197 Figure 9.19: FICO: Overall Financials, 2017-2019 ............................................................................... 200 Figure 9.20: FICO: Net Revenue (by Business Segment), 2017-2019 ............................................... 200 Figure 9.21: FICO: Net Revenue (by Region), 2017-2019 .................................................................. 201 Figure 9.22: FICO: SWOT Analysis ...................................................................................................... 202 Figure 9.23: Fiserv, Inc.: Overall Financials, 2017-2019 ..................................................................... 205 Figure 9.24: Fiserv, Inc.: Net Revenue (by Business Segment), 2017-2019 ...................................... 205 Figure 9.25: Fiserv, Inc.: Net Revenue (by Region), 2017-2019 ......................................................... 206 Figure 9.26: Fiserv, Inc.: SWOT Analysis ............................................................................................. 207 Figure 9.27: Global Radar: SWOT Analysis ......................................................................................... 210 Figure 9.28: Infrasoft Technologies, Ltd.: SWOT Analysis .................................................................. 213 Figure 9.29: LexisNexis: SWOT Analysis ............................................................................................. 217 Figure 9.30: NICE Actimize: Key Financials, 2017-2019 ..................................................................... 220 Figure 9.31: NICE Actimize Net Revenue (by Business Segment), 2017-2019 ................................. 220 Figure 9.32: NICE Actimize Net Revenue (by Geography), 2018-2019 ............................................. 221 Figure 9.33: Research and Development: NICE Actimize, 2018-2019 ............................................... 222 Figure 9.34: NICE Actimize: SWOT Analysis ....................................................................................... 223 Figure 9.35: Oracle Corporation: Overall Financials, 2018-2020 ........................................................ 226 Figure 9.36: Oracle Corporation Net Revenue (by Business Segment), 2017-2019 ......................... 227 Figure 9.37: Oracle Corporation: Net Revenue (by Region), 2017-2019 ............................................ 227 Figure 9.38: Research and Development: Oracle Corporation, 2016-2018 ....................................... 228 All rights reserved at BIS Research 18

  19. Global Anti-Money Laundering Software Market Figure 9.39: Oracle Corporation: SWOT Analysis ............................................................................... 229 Figure 9.40: SAS Institute Inc.: SWOT Analysis .................................................................................. 232 Figure 9.41: Targens GmbH: SWOT Analysis ..................................................................................... 235 Figure 9.42: Temenos: Key Financials 2017-2019 .............................................................................. 237 Figure 9.43: Temenos: Net Revenue (by Business Segment), 2017-2019 ........................................ 238 Figure 9.44: Temenos: SWOT Analysis ............................................................................................... 239 Figure 10.1: Scope of the Report .......................................................................................................... 247 Figure 10.2: Report Design ................................................................................................................... 248 Figure 10.3: Top-Down Approach for AML Software Market ............................................................... 250 Figure 10.4: Global Anti-Money Laundering Software Market Influencing Factors ............................ 251 Figure 10.5: Assumptions and Limitations ............................................................................................ 252 All rights reserved at BIS Research 19

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