Anti-Money Laundering (AML) Software Market Size Estimates and Forecasts by Key Players – ACI Worldwide, SAS Institute, Oracle Corporation, BAE Systems, Accenture, Verafin, Safe Banking Systems LLC

Anti-money laundering (AML) software is used to control the fraud issues related to financial transactions and money laundering. Factors driving the anti-money laundering (AML) software market is high adoption of AML software in private banks, equity firms, and other finance-based companies to address money-related issues such as money laundering and illegal financial transactions which further boost the entire anti-money laundering (AML) software market. Technological advancements in the field of banking services have increased the interest among the end-users to adopt the technologies to secure their customer’s transaction. This is a key influential factor for anti-money laundering (AML) software market.

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However, the cost associated with the procurement of the software is higher in the current market, which poses a limitation on the adoption of the technology. Also, due to technological complications, the end-users face certain challenges during data interpretation which acts as a restraining factor on the growth of anti-money laundering (AML) software market. Despite restraining factors, the constant technological up-gradation in the anti-money laundering software market is increasing the interest of the software among the end-users, which is expected to be a prominent opportunity for the market players.

The “Global Anti-Money Laundering (AML) Software Market Analysis to 2027” is a specialized and in-depth study of the anti-money laundering (AML) software industry with a focus on the global market trend. The report aims to provide an overview of global Anti-money laundering (AML) software market with detailed market segmentation on the basis of deployment type, component, product, industry vertical, and geography. The global anti-money laundering (AML) software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading anti-money laundering (AML) software market players and offers key trends and opportunities in the market.

The List of Companies 

1. ACI Worldwide, Inc.
2. SAS Institute Inc.
3. Oracle Corporation
4. BAE Systems
5. Accenture Inc.
6. Verafin Inc.
7. Safe Banking Systems LLC
8. Eastnets Holding Ltd.
9. Ascent Technology Consulting
10. OpenText Corporation

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global anti-money laundering (AML) software market based on deployment type, component, product, and industry vertical. It also provides market size and forecast till 2027 for overall anti-money laundering (AML) software market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Further, the report also includes ecosystem analysis for the anti-money laundering (AML) software market.

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Posted by on Monday October 21 2019, 3:11 AM EST. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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