Global Anti-money Laundering Software Market 2016-2020 – Increasing Regulatory Compliance Requirements a Key Driver – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/sxdm5g/global_antimoney) has announced the addition of the “Global Anti-money Laundering Software Market 2016-2020” report to their offering.
The report 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.
The report has estimated that 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 these solutions in emerging economies like Australia, China, and India will propel the prospects for market growth in APAC during the estimated period.
- ACI Worldwide
- AML Partners
- AML RightSource
- Ascent Technology Consulting
- Banker’s Toolbox
- CGI group
- Cellent Finance Solutions
- Jack Henry
- Nice Actimize
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Risks of non-compliance with AML regulations
PART 06: Market landscape
PART 07: Market segmentation by deployment model
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Five forces model
PART 15: Key vendor analysis