Anti-Money Laundering Software Market to See Huge Growth by 2027: Trulioo, Verafin, Fenergo

New Jersey, USA — (SBWIRE) — 05/03/2022 — The latest study released on the Global Anti-money Laundering Software Market by AMA Research evaluates market size, trend, and forecast to 2027. The Anti-money Laundering Software market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
Accenture Inc. (United States), SAS Institute Inc. (United States), Fiserv, Inc. (United States), Opentext (Canada), Experian (Ireland), Oracle Corp. (United States), FICO TONBELLER (Germany), Ascent Technology Consulting (Singapore), EastNets (Dubai), Trulioo (Canada), Verafin (United States), Fenergo (United States)

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Definition:
Anti-money laundering (AML) software provides a solution, which allows banks as well as other financial institutions to monitor customer behavior for suspected illegal financial actions through automated procedures. Also, it is a set of processes, laws, and regulations intended to stop the practice of creating salary through criminal actions. There is various type of anti-money laundering software such as transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems, and compliance management software. Rising the use of artificial intelligence and cloud computing will help to boost the global anti-money laundering software market.

Market Trends:
– High demand of Customer Identity Management Software
– Growth in Government Initiatives toward Money Laundering

Market Drivers:
– Increased AML Regulatory Requirements
– The Escalation in Money Laundering Cases
– Development in IT Expenditure

Market Opportunities:
– Emerging Artificial Intelligence Technology in AML Solutions
– Fueling Adoption of Cloud-Based Solutions

The Global Anti-money Laundering Software Market segments and Market Data Break Down are illuminated below:
by Type (Transaction Monitoring Software, Currency Transaction Reporting (CTR) Software, Customer Identity Management Software, Compliance Management Software), Solutions (Transactional Monitoring, KYC (Know Your Customer), Fraud, Risk & Compliance Management, Watch-list Screening, Data Warehouse Management, Analytics and Visualization, Alert Management and Reporting, Case Management, Other solutions), Deployment Model (Cloud-based, On-premise), End User (Retail Banking, Corporate Banking, Private Banking, Investment Banking, Asset Management, Insurance, Multiple Banking Services, Legal Service Providers, Other)

Global Anti-money Laundering Software market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
– -To carefully analyze and forecast the size of the Anti-money Laundering Software market by value and volume.
– -To estimate the market shares of major segments of the Anti-money Laundering Software market.
– -To showcase the development of the Anti-money Laundering Software market in different parts of the world.
– -To analyze and study micro-markets in terms of their contributions to the Anti-money Laundering Software market, their prospects, and individual growth trends.
– -To offer precise and useful details about factors affecting the growth of the Anti-money Laundering Software market.
– -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Anti-money Laundering Software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Anti-money Laundering SoftwareMarket Study Coverage:
– It includes major manufacturers, emerging player’s growth story, and major business segments of Anti-money Laundering Software market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
– Anti-money Laundering Software Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
– Anti-money Laundering Software Market Production by Region Anti-money Laundering Software Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
– Key Points Covered in Anti-money Laundering Software Market Report:
– Anti-money Laundering Software Overview, Definition and Classification Market drivers and barriers
– Anti-money Laundering Software Market Competition by Manufacturers
– Impact Analysis of COVID-19 on Anti-money Laundering Software Market
– Anti-money Laundering Software Capacity, Production, Revenue (Value) by Region (2022-2027)
– Anti-money Laundering Software Supply (Production), Consumption, Export, Import by Region (2022-2027)
– Anti-money Laundering SoftwareProduction, Revenue (Value), Price Trend by Type {Transaction Monitoring Software, Currency Transaction Reporting (CTR) Software, Customer Identity Management Software, Compliance Management Software}
– Anti-money Laundering Software Manufacturers Profiles/Analysis Anti-money Laundering Software Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
– Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
– How feasible is Anti-money Laundering Software market for long-term investment?
– What are influencing factors driving the demand for Anti-money Laundering Software near future?
– What is the impact analysis of various factors in the Global Anti-money Laundering Software market growth?
– What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.

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