The research report of the Global Anti-Money Laundering Software Market was released by Advance Market Analysis. The report reveals the factors affecting the global business scope. The report gives salient statistics on the status and size of the market as well as market growth and share. It shows the data of the emerging players in the industry such as Accenture Inc. (United States), SAS Institute Inc. (United States), Fiserv, Inc. (United States). Other players include Opentext (Canada), Experian (Ireland), Oracle Corp. (United States), FICO TONBELLER (Germany), Ascent Technology Consulting (Singapore), EastNets (Dubai) and Trulioo (Canada). According to AMA Market Analyst, the Global Anti-money Laundering Software market is expected to see a growth rate of 10.9%.
Banks, as well as other financial institutions, will through the AML software monitor customers’ behavior for suspected illicit fund movement.
AML software varies from transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems, to compliance management software.
The Global Anti-money Laundering Software Market segments and Market Data Break Down are illuminated by type, solutions, fraud, and risk and compliance management. It is also segmented by data warehouse management, analytics and visualization, alert management and reporting, and deployment model. Finally, Anti-money Laundering Software Market is a valuable source of guidance for individuals and companies.