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Report Description

Report Description

The global anti-money laundering software market is expected to grow at a fast CAGR during the forecast period. It is happening due to an increase in global incidences of money laundering cases.

Anti-Money Laundering (AML) software is a type of software that financial institutions use to detect and prevent money laundering activities. Money laundering involves concealing the origin of illegally obtained funds through various financial transactions, making it difficult to trace the source of the funds. AML software uses algorithms and analytics to monitor and analyze financial transactions and identify suspicious activities that may indicate money laundering. The software helps financial institutions comply with regulatory requirements and prevent financial crimes, including money laundering and terrorist financing. The adoption of AML software is increasing globally due to the rise in financial frauds and regulatory compliance requirements. Money laundering is a serious criminal offense that involves the concealment of the origin of illegally obtained funds. With the rise in money laundering activities worldwide, there has been a surge in the demand for anti-money laundering software.

Rising Money Laundering Activities Drive the Market.

With the rise in financial crimes and money laundering activities, there has been a surge in the demand for Anti-Money Laundering (AML) software. AML software helps financial institutions to detect and prevent suspicious activities and identify potential money laundering risks. The increase in money laundering activities has been driven by various factors, including the globalization of financial transactions, the growth of the digital economy, and the use of cryptocurrencies. Criminal organizations are increasingly using complex and sophisticated techniques to launder money as traditional methods of detection are no longer sufficient. This has led to a greater demand for AML software, which provides more advanced and sophisticated tools to identify and prevent money laundering activities.

AML software uses algorithms and analytics to monitor and analyze financial transactions and identify suspicious activities that may indicate money laundering. The software helps financial institutions comply with regulatory requirements and prevent financial crimes, including money laundering and terrorist financing. AML software is essential for detecting suspicious activities related to trade-based money laundering, which involves the use of trade transactions to launder money. The adoption of AML software is increasing globally due to the rise in financial frauds and regulatory compliance requirements. Regulatory authorities are imposing stringent requirements on financial institutions to detect and prevent money laundering activities. Failure to comply with these requirements can result in significant fines and reputational damage.

In conclusion, the rising incidence of money laundering activities is driving the growth of the AML software market. AML software provides financial institutions with sophisticated tools to detect and prevent money laundering activities, comply with regulatory requirements, and protect against reputational damage. As criminal organizations continue to adopt more advanced techniques to launder money, the demand for AML software is expected to grow further in the coming years.

Growth in E-Commerce

The rapid growth of e-commerce has created new challenges for businesses to detect and prevent money laundering activities. As online transactions become more prevalent, it is becoming easier for criminals to disguise the proceeds of illegal activities. This has led to an increased demand for Anti-Money Laundering (AML) software to help businesses comply with regulations and protect themselves against financial crime.

E-commerce has become a major target for money laundering activities due to its global reach, anonymity, and ease of use. Criminals can use e-commerce platforms to launder money by creating fake storefronts, processing payments through multiple accounts, and disguising the source of funds. E-commerce businesses are now required to implement robust AML policies and procedures to identify and report suspicious transactions.

AML software provides businesses with advanced tools to monitor and analyze financial transactions and identify potential money laundering risks. The software uses algorithms and analytics to detect patterns and anomalies in transaction data and can generate alerts when suspicious activity is detected. AML software can be customized to meet the specific needs of e-commerce businesses, such as detecting fraudulent transactions, identifying high-risk customers, and monitoring transactions across multiple payment systems.

The growth of e-commerce has led to an increase in cross-border transactions, which can be difficult to monitor and regulate. AML software can help businesses comply with international regulations and prevent cross-border money laundering activities. It can help businesses to identify and report suspicious transactions to regulatory authorities, which can help to deter criminals and improve the overall integrity of the financial system.

In conclusion, the growth of e-commerce is expected to boost the global AML software market. As businesses increasingly rely on online transactions, the need for advanced AML tools will continue to grow. AML software can help businesses to comply with regulations, protect against financial crime, and maintain the trust of their customers. As the e-commerce industry continues to evolve, AML software will play an important role in ensuring the integrity of the financial system.

Regulatory Transaction Monitoring

The rapid growth of e-commerce has created new challenges for businesses to detect and prevent money laundering activities. As online transactions become more prevalent, it is becoming easier for criminals to disguise the proceeds of illegal activities. This has led to an increased demand for Anti-Money Laundering (AML) software to help businesses comply with regulations and protect themselves against financial crime.

E-commerce has become a major target for money laundering activities due to its global reach, anonymity, and ease of use. Criminals can use e-commerce platforms to launder money by creating fake storefronts, processing payments through multiple accounts, and disguising the source of funds. E-commerce businesses are now required to implement robust AML policies and procedures to identify and report suspicious transactions.

AML software provides businesses with advanced tools to monitor and analyze financial transactions and identify potential money laundering risks. The software uses algorithms and analytics to detect patterns and anomalies in transaction data and can generate alerts when suspicious activity is detected. AML software can be customized to meet the specific needs of e-commerce businesses, such as detecting fraudulent transactions, identifying high-risk customers, and monitoring transactions across multiple payment systems. The growth of e-commerce has led to an increase in cross-border transactions, which can be difficult to monitor and regulate. AML software can help businesses comply with international regulations and prevent cross-border money laundering activities. It can help businesses to identify and report suspicious transactions to regulatory authorities, which can help to deter criminals and improve the overall integrity of the financial system.

In conclusion, the growth of e-commerce is expected to boost the global AML software market. As businesses increasingly rely on online transactions, the need for advanced AML tools will continue to grow. AML software can help businesses to comply with regulations, protect against financial crime, and maintain the trust of their customers. As the e-commerce industry continues to evolve, AML software will play an important role in ensuring the integrity of the financial system.

Growing Technological advancements

Technological advancements have significantly transformed the way businesses operate and interact with their customers. The financial industry, in particular, has seen a significant shift in the way transactions are conducted, leading to an increase in the complexity and sophistication of money laundering activities. In response, the global anti-money laundering (AML) software market is expected to witness significant growth due to the increasing demand for advanced technology solutions that can help detect and prevent financial crimes.

One of the major technological advancements driving the growth of the AML software market is the use of artificial intelligence (AI) and machine learning (ML) algorithms. AML software is leveraging AI and ML algorithms to detect patterns and anomalies in transaction data and identify suspicious activities that may indicate money laundering. These algorithms can learn from previous patterns and update their models to identify new and evolving money laundering techniques.

Moreover, advancements in data analytics and big data technology have enabled AML software to handle vast amounts of transaction data in real-time. The ability to process large volumes of data quickly and accurately is crucial for AML software to provide relevant insights and identify suspicious activities in a timely manner.

Blockchain technology is playing a significant role in the AML software market. Blockchain is a distributed ledger technology that can be used to store transaction data in a secure and transparent manner. AML software that leverages blockchain technology can provide a tamper-proof record of all transactions, making it difficult for criminals to manipulate data and hide their activities.

Additionally, the integration of AML software with other financial systems, such as payment gateways and trading platforms, is expected to drive the growth of the market. This integration allows businesses to monitor transactions across multiple systems, which can help detect and prevent money laundering activities that span across different financial systems.

In conclusion, technological advancements are driving the growth of the global AML software market. AI and ML algorithms, data analytics and big data technology, blockchain technology, and integration with other financial systems are all contributing to the development of advanced AML solutions that can detect and prevent money laundering activities in a timely and accurate manner. As financial crimes continue to evolve and become more sophisticated, the demand for advanced AML software solutions will continue to grow, making it an exciting and promising market for technological innovation.


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Recent developments

·     In August 2021, NICE Actimize. unveiled numerous new Fraud Force capabilities. The upgrades will enable security professionals to better manage fraud prevention rules, resulting in a more simplified and controlled fraud-fighting procedure.

Market Segmentation

The global anti-money laundering software market is segmented based on component, product type, deployment type, industry vertical, and region. Based on component, the market is segmented into software and services. Based on product type, the market is segmented into transaction monitoring management, currency transaction reporting, customer identity management, and risk and transaction monitoring. Based on deployment type, the market is segmented into cloud and on-premises. Based on industry vertical, the market is segmented into BFSI, real estate, government, manufacturing, IT & telecom, energy & utilities, telecommunications, retail, and others. The market analysis studies the regional segmentation divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Some of the key players in the market include NICE Actimize, Tata Consultancy Services Limited, Trulioo Information Services Inc, Cognizant Technology Solutions Corporation, SAS Institute Inc, Fiserv, Inc, Oracle Corporation., BAE Systems., Accenture plc, and Thomson Reuters Corporation.

The anti-money laundering software market is highly competitive, with companies constantly seeking to differentiate themselves through their expertise, and cost-effectiveness. as the demand for innovative products continues to grow, the anti-money laundering software market is expected to expand further in the upcoming years.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Component

By Product Type

By Industry Vertical

By Region

Regional Scope

Asia-Pacific, North America, Europe, Middle East & Africa, and South America

Country Scope

China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, Brazil, Argentina, Colombia

Key Companies Profiled

NICE Actimize, Tata Consultancy Services Limited, Trulioo Information Services Inc, Cognizant Technology Solutions Corporation, SAS Institute Inc, Fiserv, Inc, Oracle Corporation., BAE Systems., Accenture plc, and Thomson Reuters Corporation.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)


Report Scope:

In this report, the global Anti-Money Laundering Software market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Anti-Money Laundering Software Market, By Component:
    • Software
    • Services
  • Anti-Money Laundering Software Market, By Product Type:
    • Transaction Monitoring Management
    • Currency Transaction Reporting
    • Customer Identity Management
    • Risk and Transaction Monitoring
  • Anti-Money Laundering Software Market, By Deployment type:
    • Cloud
    • On-premises
  • Anti-Money Laundering Software Market, By Industry Vertical:
    • BFSI
    • Real Estate
    • Government
    • Manufacturing
    • IT & Telecom
    • Energy & Utilities
    • Telecommunications
    • Retail
    • Others
  • Anti-Money Laundering Software Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Italy
    • Middle East & Africa
      • Israel
      • Turkey
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Anti-Money Laundering Software market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).


Global Anti-Money Laundering Software Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Voice of Customer

5.    Global Anti-Money Laundering Software Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Component (Software, Services)

5.2.2.    By Product Type (Transaction Monitoring Management, Currency Transaction Reporting, Customer Identity Management, Risk and Transaction Monitoring)

5.2.3.    By Deployment type (Cloud, On-premises)

5.2.4.    By Industry Vertical (BFSI, Real Estate, Government, Manufacturing, IT & Telecom, Energy & Utilities, Telecommunications, Retail, Others)

5.2.5.    By Region

5.3.  By Company (2022)

5.4.  Market Map

5.4.1.    By Component

5.4.2.    By Product Type

5.4.3.    By Deployment type

5.4.4.    By Industry Vertical

5.4.5.    By Region

6.    North America Anti-Money Laundering Software Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Component

6.2.2.    By Product Type

6.2.3.    By Deployment type

6.2.4.    By Industry Vertical

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Anti-Money Laundering Software Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value 

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Component

6.3.1.2.2.           By Product Type

6.3.1.2.3.           By Deployment type

6.3.1.2.4.           By Industry Vertical

6.3.2.    Canada Anti-Money Laundering Software Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value 

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Component

6.3.2.2.2.           By Product Type

6.3.2.2.3.           By Deployment type

6.3.2.2.4.           By Industry Vertical

6.3.3.    Mexico Anti-Money Laundering Software Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value 

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Component

6.3.3.2.2.           By Product Type

6.3.3.2.3.           By Deployment type

6.3.3.2.4.           By Industry Vertical

7.    Asia-Pacific Anti-Money Laundering Software Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Component

7.2.2.    By Product Type

7.2.3.    By Deployment type

7.2.4.    By Industry Vertical

7.2.5.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Anti-Money Laundering Software Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Component

7.3.1.2.2.           By Product Type

7.3.1.2.3.           By Deployment type

7.3.1.2.4.           By Industry Vertical

7.3.2.    Japan Anti-Money Laundering Software Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Component

7.3.2.2.2.           By Product Type

7.3.2.2.3.           By Deployment type

7.3.2.2.4.           By Industry Vertical

7.3.3.    South Korea Anti-Money Laundering Software Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Component

7.3.3.2.2.           By Product Type

7.3.3.2.3.           By Deployment type

7.3.3.2.4.           By Industry Vertical

7.3.4.    India Anti-Money Laundering Software Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value 

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Component

7.3.4.2.2.           By Product Type

7.3.4.2.3.           By Deployment type

7.3.4.2.4.           By Industry Vertical

7.3.5.    Australia Anti-Money Laundering Software Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value 

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Component

7.3.5.2.2.           By Product Type

7.3.5.2.3.           By Deployment type

7.3.5.2.4.           By Industry Vertical

8.    Europe Anti-Money Laundering Software Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Component

8.2.2.    By Product Type

8.2.3.    By Deployment type

8.2.4.    By Industry Vertical

8.2.5.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Anti-Money Laundering Software Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Component

8.3.1.2.2.           By Product Type

8.3.1.2.3.           By Deployment type

8.3.1.2.4.           By Industry Vertical

8.3.2.    United Kingdom Anti-Money Laundering Software Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Component

8.3.2.2.2.           By Product Type

8.3.2.2.3.           By Deployment type

8.3.2.2.4.           By Industry Vertical

8.3.3.    France Anti-Money Laundering Software Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Component

8.3.3.2.2.           By Product Type

8.3.3.2.3.           By Deployment type

8.3.3.2.4.           By Industry Vertical

8.3.4.    Italy Anti-Money Laundering Software Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Component

8.3.4.2.2.           By Product Type

8.3.4.2.3.           By Deployment type

8.3.4.2.4.           By Industry Vertical

8.3.5.    Spain Anti-Money Laundering Software Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Component

8.3.5.2.2.           By Product Type

8.3.5.2.3.           By Deployment type

8.3.5.2.4.           By Industry Vertical

9.    South America Anti-Money Laundering Software Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Component

9.2.2.    By Product Type

9.2.3.    By Deployment type

9.2.4.    By Industry Vertical

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Anti-Money Laundering Software Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Component

9.3.1.2.2.           By Product Type

9.3.1.2.3.           By Deployment type

9.3.1.2.4.           By Industry Vertical

9.3.2.    Argentina Anti-Money Laundering Software Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Component

9.3.2.2.2.           By Product Type

9.3.2.2.3.           By Deployment type

9.3.2.2.4.           By Industry Vertical

9.3.3.    Colombia Anti-Money Laundering Software Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Component

9.3.3.2.2.           By Product Type

9.3.3.2.3.           By Deployment type

9.3.3.2.4.           By Industry Vertical

10. Middle East & Africa Anti-Money Laundering Software Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Component

10.2.2. By Product Type

10.2.3. By Deployment type

10.2.4. By Industry Vertical

10.2.5. By Country

10.3.             Middle East & Africa: Country Analysis

10.3.1. Israel Anti-Money Laundering Software Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Component

10.3.1.2.2.         By Product Type

10.3.1.2.3.         By Deployment type

10.3.1.2.4.         By Industry Vertical

10.3.2. Turkey Anti-Money Laundering Software Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Component

10.3.2.2.2.         By Product Type

10.3.2.2.3.         By Deployment type

10.3.2.2.4.         By Industry Vertical

10.3.3. UAE Anti-Money Laundering Software Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Component

10.3.3.2.2.         By Product Type

10.3.3.2.3.         By Deployment type

10.3.3.2.4.         By Industry Vertical

10.3.4. Saudi Arabia Anti-Money Laundering Software Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Component

10.3.4.2.2.         By Product Type

10.3.4.2.3.         By Deployment type

10.3.4.2.4.         By Industry Vertical

11. Market Dynamics

11.1.             Drivers

11.1.1. Rising money laundering activities

11.1.2. Increasing regulatory compliance

11.1.3. Technological advancements

11.2.             Challenges

11.2.1. High Cost of Implementation

11.2.2. Increasing Complexity of Fraud

12. Market Trends & Developments

12.1. Cloud-based AML software

12.2. Integration with other systems

12.3.  Integration with Other Security Solutions

12.4.  Expanding use cases for Anti-Money Laundering Software

12.5. Blockchain-based AML solutions

13. Covid 19 impact on the Anti-Money Laundering Software Market

14. Company Profiles

14.1.                NICE Actimize

14.1.1.    Business Overview

14.1.2.    Key Revenue (If Available)

14.1.3.    Recent Developments

14.1.4.    Key Personnel

14.1.5.    Key Service Offered

14.2.                Tata Consultancy Services Limited

14.2.1.    Business Overview

14.2.2.    Key Revenue (If Available)

14.2.3.    Recent Developments

14.2.4.    Key Personnel

14.2.5.    Key Service Offered

14.3.                Cognizant Technology Solutions Corporation

14.3.1.    Business Overview

14.3.2.    Key Revenue (If Available)

14.3.3.    Recent Developments

14.3.4.    Key Personnel

14.3.5.    Key Service Offered

14.4.                Trulioo Information Services Inc

14.4.1.    Business Overview

14.4.2.    Key Revenue (If Available)

14.4.3.    Recent Developments

14.4.4.    Key Personnel

14.4.5.    Key Service Offered

14.5.                SAS Institute Inc

14.5.1.    Business Overview

14.5.2.    Key Revenue (If Available)

14.5.3.    Recent Developments

14.5.4.    Key Personnel

14.5.5.    Key Service Offered

14.6.                Fiserv, Inc

14.6.1.    Business Overview

14.6.2.    Key Revenue (If Available)

14.6.3.    Recent Developments

14.6.4.    Key Personnel

14.6.5.    Key Service Offered

14.7.                Oracle Corporation.

14.7.1.    Business Overview

14.7.2.    Key Revenue (If Available)

14.7.3.    Recent Developments

14.7.4.    Key Personnel

14.7.5.    Key Service Offered

14.8.                BAE Systems.

14.8.1.    Business Overview

14.8.2.    Key Revenue (If Available)

14.8.3.    Recent Developments

14.8.4.    Key Personnel

14.8.5.    Key Service Offered

14.9.                Accenture plc

14.9.1.    Business Overview

14.9.2.    Key Revenue (If Available)

14.9.3.    Recent Developments

14.9.4.    Key Personnel

14.9.5.    Key Service Offered

14.10.             Thomson Reuters Corporation

14.10.1. Business Overview

14.10.2. Key Revenue (If Available)

14.10.3. Recent Developments

14.10.4. Key Personnel

14.10.5. Key Service Offered

15. Strategic Recommendations

16. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

Frequently asked questions

Key players in the global anti-money laundering software market are NICE Actimize, Tata Consultancy Services Limited, Trulioo Information Services Inc, Cognizant Technology Solutions Corporation, SAS Institute Inc, Fiserv, Inc, Oracle Corporation., BAE Systems., Accenture plc, and Thomson Reuters Corporation.

Asia-Pacific is the fastest-growing region for global anti-money laundering software market owing to the increasing regulations with the rising adoption of the software in the developed countries like China, India, and Singapore.

Anti-Money Laundering Software has various technology trends such as Artificial Intelligence (AI), big data analytics, biometric technologies, Blockchain technology and Machine learning algorithms.

The anti-money laundering software market is being driven by the increasing incidences of fraud, growing adoption of digital technologies, and stringent regulations by the state authorities.

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