Anti-money Laundering Software Market Research Report covers the present scenario and the growth prospects of the Anti-money Laundering Software Industry for 2016-2020. Anti-money Laundering Software Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Anti-money Laundering Software globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Anti-money Laundering Software Market:
• ACI Worldwide
• AML Partners
• AML RightSource
Other Prominent Vendors of Anti-money Laundering Software Market Are:
“The growing use of predictive analytics to reduce false results and decrease the compliance cost of AML software is a positive market trend. The growing demand for KYC analytics is also adding momentum to the market. The global AML software market shows immense potential for growth as vendors are introducing many products and solutions with variety of features such as enhanced due diligence, transaction monitoring, risk calculation, watch list etc. during the forecast period.”
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According to the report, governments of many countries are making regulatory compliance mandatory for enterprises to combat money laundering and other unlawful financing activities. Financial institutions, credit unions, and community banks are the most vulnerable to these activities. Governments are continuously monitoring the operations of these organizations through AML software.
Report also presents Geographical Segmentation analysis of Anti-money Laundering Software Market of Americas, APAC, EMEA region.
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Further, the report states that one of the major challenges in the market is the inconsistency in the data as enterprises collect it from different departments. Proper functioning of the AML software requires consistency in data.
Key questions answered in Anti-money Laundering Software market report:
No of Pages: 73
Price of Report: $ 2500 (Single User License)
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