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$3.42 Billion Anti-Money Laundering (AML) Software Market - Global Outlook & Forecast 2017-2026DUBLIN, Jan. 17, 2019 /PRNewswire/ -- The "Anti-Money Laundering (AML) Software - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.  Global Anti-Money Laundering (AML) Software market accounted for $879.21 million in 2017 and is expected to reach $3,426.62 million by 2026 growing at a CAGR of 16.3% Increase in money launder cases and increase in expenditures are driving towards the market growth. However, the lack of skilled Anti- money laundering professional is restraining the market. Anti money laundering software is a computer program or application that is used in analysing customer data and identifies suspicious transactions. Based on the customer data it filters the information and analyses the transaction pattern and identifies risk if there is any abnormal transaction and sudden & different changes in the account considering the gestured pattern. Banking, financial services and insurance institutions (BFSI) are the ones that are particularly targeted by money launderers. Ever-increasing risks from financial frauds including high-profile money laundering activities represent one of the most challenging issues facing the BFSI industry. In order to limit money laundering risks, it has become important for financial institutions to understand the importance and imminent need of taking preventive measures. Across the globe, North America has stringent government regulations against money laundering in the U.S. is facilitating the market growth in this region. Regulations for customer identification and compliances for financial institutions to counter money laundering activities are far more stringent in the U.S. as compared to other regions. The anti-money laundering software providers can leverage this as an opportunity for expanding their business and ensure that money laundering incidences are reduced to a greater extent. Key Topics Covered: 1 Executive Summary
2.1 Abstract 2.2 Stake Holders 2.3 Research Scope 2.4 Research Methodology 2.5 Research Sources 3 Market Trend Analysis 3. Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Application Analysis 3.7 End User Analysis 3.8 Emerging Markets 3.9 Futuristic Market Scenario 4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry 5 Global Anti-Money Laundering (AML) Software Market, By Solution 5.1 Introduction 5.2 KYC (Know Your Customer) 5.3 Watch-list Screening 5.4 Fraud, Risk & Compliance Management 5.5 Transactional Monitoring 5.6 Case Management 5.7 Data Warehouse Management 5.8 Alert Management & Reporting 5.9 Analytics & Visualization 5.10 Other Solutions 6 Global Anti-Money Laundering (AML) Software Market, By Component 6.1 Introduction 6.2 Service 6.3 Software 6.3.1 Currency Transaction Reporting Software (CTR) 6.3.2 Transaction Monitoring Software 6.3.3 Customer Identity Management Software (CIM) 6.3.4 Compliance Management Software 6.3.5 Other Softwares 6.3.5.1 Sanction Screening Software 6.3.5.2 Compliance Management Software 7 Global Anti-Money Laundering (AML) Software Market, By Deployment 7.1 Introduction 7.2 Cloud-Based 7.3 On-Premise 8 Global Anti-Money Laundering (AML) Software Market, By Application 8.1 Introduction 8.2 Private Banking 8.3 Retail Banking 8.4 Investment Banking 8.5 Corporate Banking 8.6 Legal Service Providers 8.7 Multiple Banking Services 8.8 Asset Management 9 Global Anti-Money Laundering (AML) Software Market, By End User 9.1 Introduction 9.2 Banking, Financial Services and Insurance (BFSI) 9.3 Healthcare 9.4 Defense and Government 9.5 IT & Telecom 9.6 Transportation and Logistics 9.7 Other End-Users 9.7.1 Energy 9.7.2 Manufacturing 9.7.3 Utilities 10 Global Anti-Money Laundering (AML) Software Market, By Geography 10.1 Introduction 10.2 North America 10.3 Europe 10.4 Asia Pacific 10.5 South America 10.6 Middle East & Africa 11 Key Developments 11.1 Agreements, Partnerships, Collaborations and Joint Ventures 11.2 Acquisitions & Mergers 11.3 New Product Launch 11.4 Expansions 11.5 Other Key Strategies 12 Company Profiling 12.1 ACI Worldwide, Inc. 12.2 Oracle 12.3 EastNets 12.4 FICO TONBELLER 12.5 NICE Actimize 12.6 Regulatory DataCorp, Inc. 12.7 Safe Banking Systems LLC 12.8 SAS Institute Inc. 12.9 Thomson Reuters Corporation 12.10 Truth Technologies, Inc. 12.11 Verafin Inc. 12.12 AML Partners 12.13 BAE Systems 12.14 Experian 12.15 FIS 12.16 Aquilan For more information about this report visit https://www.researchandmarkets.com/research/fv6rjn/3_42_billion?w=5 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets
SOURCE Research and Markets 
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