ML Solutions Gain Prominence in Anti-money Laundering Software Market

Proliferation of machine learning (ML) in various are benefitting both consumers as well as companies in the anti-money laundering software market. Stakeholders in the value chain are increasing their profits with the help of ML, since the novel technique helps to recognize undetected patterns. Hence, companies in the market for anti-money laundering software are developing solutions that are integrated with MI and cloud computing. For instance, ACTICO- an end-to-end automation solutions company has developed an ML module which is built on the expertise of compliance managers and the knowledge gained from data.

Companies in the anti-money laundering software market are increasing research to develop software with ML to integrate with other functional modules. They are increasing efforts to develop solutions that comply with government norms. Such advanced software systems are gaining visibility in banks and insurance companies, as there is a growing need for software systems that are capable of detecting clients and transactions that are a potential compliance risk.

anti money laundering software market infographic

Request a sample to get extensive insights into the Anti-money Laundering Software Market

Need to Eliminate False Alerts in Transactional Monitoring Solutions Drives Demand for Software

The anti-money laundering software market is anticipated to grow at a CAGR of ~13% during the forecast period. Since end users have high expectations from software systems, companies are developing solutions with robust detection of true suspicious cases. However, rapid growth of the wire industry is challenging for companies in the market for anti-money laundering software who find it difficult to efficiently monitor and detect suspicious transactions. Hence, companies are increasing R&D to develop software that eliminate the issue of false alerts across monitoring and screening programs.

Transaction monitoring is one of the key drivers contributing toward the robust growth of the anti-money laundering software market. As such, transaction monitoring system product type segment is estimated to lead the anti-money laundering software market and the global market is estimated to reach a value of ~US$ 4.9 Bn by 2027. Hence, companies are fine-tuning their efficacy in secondary scoring of the transaction monitoring process.

Cloud-based Deployment Model Helps in Immediate Analysis of Data Sources

Cloud-based services are projected to engulf the anti-money laundering software market whilst acquiring prominence in the banking world. This is evident since the cloud-based deployment model is estimated to take a huge leap in the market landscape. Thus, compliance officers are increasingly using cloud based services to improve functionality of anti-money laundering software. Moreover, cloud services are helping end users to analyze data in a variety of formats and from a variety of applications. Since most of the data comes from outside of the enterprise, cloud-based services help to harmonize the data and allow the compliance team to make judgments about suspicious activity.

To understand how our report can bring difference to your business strategy, Ask for a brochure

On the other hand, AI is another trend that is witnessing growth in the anti-money laundering software market. Due to the advantages of AI, end users are embracing cloud-based and other advanced services that are fast-changing business landscape. As such, companies are increasing efforts to introduce ‘skim’ relevant data to analyze information from internal and outside the enterprise.

Streamlined Workflows Set Pace for Innovations in Software

End users are aiming toward a streamlined approach toward innovations in the anti-money laundering software. They are demanding for small-scale pilot programs, since AML compliance has several moving parts. Thus, compliance managers are identifying areas where technological innovations could help design a pilot to test various theories. In order to achieve success in pilot projects, companies in the anti-money laundering software market are increasing awareness about weighing the results in the pilot against previous control strategies in the history of the enterprise.

Banks, being one of the key end users of anti-money laundering software are fighting financial crimes using cost-effective and ML-based software solutions. This is evident since retail banking is projected for exponential growth in the market for anti-money laundering software. There is a growing demand for software systems that prevent financial crimes. Increased R&D have led to innovations in ML-based analytical solutions and robotic process automation (RPA) workflows.

anti money laundering software market segmentation

Stuck in a neck-to-neck competition with other brands? Request a custom report on Anti-money Laundering Software Market

Analysts’ Viewpoint

Graphic analytics for visualization of networks is one of the key trends contributing to the growth of the anti-money laundering software market. Such innovative offerings are leading to formulation of new industry standards. Likewise, companies are increasingly focusing on the development of regulation-complaint software to prevent financial crimes, especially in the banking sector.

AI and ML are transforming the market landscape. However, introduction of norms catering to enforcement against AML failures can result in hefty fines, which pose as a restraint for companies. Hence, companies should increase awareness about small-scale pilot projects to test the efficiency of software modules in specific areas of the overall AML framework.

Anti-money Laundering Software Market: Overview

  • The global anti-money laundering software market is expected to expand at a CAGR of ~13% during the forecast period, primarily driven by the increasing demand for online money transactions and growing demand from financial institutes and banks to control unauthorized fund transactions
  • The anti-money laundering software market is expected to reach value of US$ 1.9 Bn by the end of 2019 and expand to reach ~US$ 4.9 Bn by 2027. Solution providers are offering anti-money laundering software with advanced technology to improve the performance of the AML software.
  • The on-premise deployment model segment is anticipated to account for a notable share as compared to cloud-based segment of the anti-money laundering software market
  • North America remains a prominent market for anti-money laundering software globally, and the market in the region is estimated to be valued at US$ 634.7 Mn by the end of 2019. Increasing initiatives by governments of North American countries and presence of major players is a major factor responsible for the dominance of the region.
  • In terms of end user, retail banking is expected to dominate the market during the forecast period. Increasing usage of anti-money laundering software by financial institutes and banks to analyze the financial transactions of the commercial sector has resulted in this dominance.

Anti-money Laundering Software Market: Definition

  • The anti-money laundering software market report provides analysis of the global anti-money laundering software market for the period 2017 – 2027, wherein 2018 is the base year and 2019 to 2027 is the forecast period. Data for 2017 has been included as historical information.
  • In this report, we analyze the growth drivers that enhance the value of the anti-money laundering software market and various opportunities prevailing in the market
  • Anti-money laundering software providers are focused on developing innovative and differentiated software solutions to serve specific requirements of end users, which is expected to drive the demand in the upcoming years

North America Anti-money Laundering Software Market Snapshot

  • North America is a rapidly expanding market due to increasing mobile banking platforms and e-banking solutions for fund transactions, leading to increasing demand for anti-money laundering software in the region. Banking, financial services and insurance (BFSI) industry in North America is estimated to witness a significantly high rate of adoption of anti-money laundering software during the forecast period. The region is also witnessing a huge shift toward digitization in financial services and transaction processes, which is projected to boost the adoption of anti-money laundering software. These factors are expected to fuel the demand for anti-money laundering software considerably in the near future.

Key Drivers of Anti-money Laundering Software Market

  • Rise in online payments increases risk of money laundering activities: Increasing demand for online payment modes in bank transactions, e-Commerce transactions, and individual money transactions creates different illegal routes for money laundering activities. Financial frauds usually occur through authentic payment ecosystems where unknown money transactions are diverted to unrelated merchant or individual accounts through the e-Commerce money transaction platform. Here, merchant service providers unknowingly become the cause of money laundering that expose them to legal penalties. Increasing use of e-Commerce services and easy authorization of online registrations of merchants have made money laundering through online transaction easy for criminals or organizations. This in turn is expected to drive the market.
  • Growing demand for financial data mining tools to manage huge financial data: Increasing adoption of online platforms for money or fund transactions from the residential and commercial sector creates a huge financial transaction database. Financial institutes face issues related to data analysis due to continuous growth in financial data. Data mining tools help financial analysts monitor and review legal financial transactions over the e-Commerce or online financial platform. The data mining process assists anti-money laundering software in generating rules and models for financial institutes by analyzing huge datasets, which in turn can generate new initiatives, segmentation, and risk analysis for customer policy revision.

Key Restraints of Anti-money Laundering Software Market

  • Increasing complexity and changes in regulations and policies impact performance of AML software: Increasing money laundering activities in international banks, especially in virtual money transactions creates a big threat for all banks and financial institutes. The performance of anti-money laundering software decreases with changing regulations in international financial systems which create issues for existing AML technology protocols. AML software complies with government regulations to control the illegal transactions of virtual e-money. Thus, increasing complexity of regulations remains a huge issue to be dealt with by anti-money laundering software technologies. This factor is expected to hinder the market during the forecast period.

Anti-money Laundering Software Market: Company Profile Snapshot

  • ACI Worldwide, Inc.: ACI Worldwide, Inc. is a payment system company that mainly operates across a wide range of industry verticals such as government, healthcare, and retail. The company provides solutions enabled with electronic payment to more than 5,100 companies. The services provided by the company are mostly personalized and focused on the requirements of customers.
  • SAS Institute Inc.: SAS Institute Inc. offers business intelligence, analytics, and data management software & services. The company offers solutions such as analytics, customer intelligence, cloud analytics, decision management, data management, supply chain intelligence, in-memory analytics, performance management, fraud and security intelligence, risk management, etc.
  • Exiger LLC: Exiger LLC is a software provider offering anti-money laundering (AML) software, intellectual property theft investigations, and solutions for money laundering, corruption, anti-bribery, financial crime, risk and compliance, and forensic accounting to its clients worldwide. It also provides investigation services and litigation support services across the world.

Anti-money Laundering Software Market - Scope of the Report

A latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global anti-money laundering software market, to accurately gauge its potential future development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the anti-money laundering software market, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the anti-money laundering software market will progress during the forecast period 2019-2027.

The report offers intricate dynamics about the different aspects of the anti-money laundering software market that aids companies operating in the market in making strategic development decisions. TMR’s study also elaborates on the significant changes that are highly anticipated to configure the growth of the anti-money laundering software market during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the anti-money laundering software market, and estimate statistics related to the market progress in terms of value (US$ Mn).

This study covers a detailed segmentation of the anti-money laundering software market, along with key information and a competitive outlook. The report mentions the company profiles of key players that are currently dominating the anti-money laundering software market, wherein various developments, expansion, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions Answered in TMR’s Report on Anti-money Laundering Software Market

The report provides detailed information about the anti-money laundering software market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the anti-money laundering software industry, so as to help them make successful strategies and take target-driven decisions.

  • How are key market players successfully earning revenue out of the advantages of anti-money laundering software?
  • What will be the Y-o-Y growth of the anti-money laundering software market between 2019 and 2027?
  • What are the winning imperatives of market frontrunners in the anti-money laundering software market?
  • Which end user is expected to hold maximum share in the anti-money laundering software market during the forecast period?

Research Methodology – Anti-money Laundering Software Market

The research methodology adopted by analysts for combining the anti-money laundering software market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the anti-money laundering software market.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the anti-money laundering software market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the anti-money laundering software market.

Anti-money Laundering Software Market – Segmentation

TMR’s research study assesses the anti-money laundering software market on the basis of product type, deployment model, solution type, end user, and region. This report presents the extensive market dynamics and progressive trends associated with different segments, and how they are influencing the growth prospects of the anti-money laundering software market.

Product Type

Currency Transaction Reporting System

Transaction Monitoring System

Compliance Management Software

Customer Identity Management System

Deployment Model

On-premise

Cloud-based

Solution Type

Transactional Monitoring

KYC (Know Your Customer)

Fraud, Risk & Compliance Management

Watch-list Screening

Data Warehouse Management

Analytics & Visualization

Alert Management & Reporting

Case Management

Others

End User

Retail Banking

Corporate Banking

Private Banking

Investment Banking

Asset Management

Insurance

Multiple Banking Services

Legal Service Providers

Region

North America

Europe

Asia Pacific

Middle East & Africa

South America

1. Preface

    1.1. Market Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

2. Assumptions and Research Methodology

    2.1. Market Taxonomy - Segment Definitions

    2.2. Research Methodology

        2.2.1. List of Primary and Secondary Sources

    2.3. Key Assumptions for Data Modelling

3. Executive Summary: Global Anti-Money Laundering (AML) Software Market 

4. Market Overview

    4.1. Introduction

    4.2. Global Market – Macroeconomic Factors Overview

        4.2.1. World GDP Indicator – For Top Economies

        4.2.2. Global ICT Spending (US$ Mn), 2012, 2018, 2023 and 2027

    4.3. Market Factor Analysis

        4.3.1. Ecosystem Analysis

        4.3.2. Market Dynamics (Growth Influencers)

            4.3.2.1. Drivers

            4.3.2.2. Restraints

            4.3.2.3. Opportunities

            4.3.2.4. Impact Analysis of Drivers & Restraints

    4.4. Regulations and Policies 

    4.5. Key Trends Analysis

    4.6. Anti-Money Laundering: Case Studies

    4.7. Comparative analysis of products/services offered by major players by:

        4.7.1. Types of Solution Offered

        4.7.2. Pricing Model

    4.8. Analysis of Managed/Outsourced AML Services vs. AML Software

    4.9. Adoption Analysis of Advance Technology Integration in AML Software

        4.9.1. Artificial Intelligence (AI) and Machine Learning

        4.9.2. Blockchain

    4.10. Global Anti-Money Laundering (AML) Software Market Analysis and Forecast, 2017 - 2027

        4.10.1. Market Revenue Analysis (US$ Mn)

            4.10.1.1. Historic Growth Trends, 2013-2018

            4.10.1.2. Forecast Trends, 2019-2027

    4.11. Market Opportunity Assessment – By Region (Global/ North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)

        4.11.1. By Deployment model

        4.11.2. By Solution Type 

        4.11.3. By End-user Type 

        4.11.4. By Product Type 

    4.12. Competitive Scenario and Trends

        4.12.1. Anti-Money Laundering (AML) Software Market Concentration Rate

            4.12.1.1. List of Emerging, Prominent and Leading Players 

        4.12.2. Mergers & Acquisitions, Expansions

    4.13. Market Outlook

5. Global Anti-Money Laundering (AML) Software Market Analysis and Forecast, by Product Type 

    5.1. Overview & Definitions

    5.2. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Product Type, 2017 - 2027

        5.2.1. Currency Transaction Reporting System 

        5.2.2. Transaction Monitoring System

        5.2.3. Compliance Management Software

        5.2.4. Customer Identity Management System 

6. Global Anti-Money Laundering (AML) Software Market Analysis and Forecast, by End-user Type 

    6.1. Overview & Definitions

    6.2. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by End User Type, 2017 - 2027

        6.2.1. Retail Banking

        6.2.2. Corporate Banking

        6.2.3. Private Banking

        6.2.4. Investment Banking

        6.2.5. Asset Management

        6.2.6. Insurance 

        6.2.7. Multiple Banking Services

        6.2.8. Legal Service Providers

7. Global Anti-Money Laundering (AML) Software Market Analysis and Forecast, by Solution Type 

    7.1. Overview and Definitions

    7.2. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Solution Type, 2017 - 2027

        7.2.1. Transactional Monitoring

        7.2.2. KYC (Know Your Customer)

        7.2.3. Fraud, Risk & Compliance Management 

        7.2.4. Watch-list Screening

        7.2.5. Data Warehouse Management

        7.2.6. Analytics and Visualization

        7.2.7. Alert Management and Reporting

        7.2.8. Case Management

        7.2.9. Others

8. Global Anti-Money Laundering (AML) Software Market Analysis and Forecast, by Deployment Model

    8.1. Overview and Definitions

    8.2. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Deployment Model, 2017 - 2027

        8.2.1. On-Premise

        8.2.2. Cloud Based

9. Global Anti-Money Laundering (AML) Software Market Analysis and Forecast, by Region

    9.1. Overview

    9.2. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Region, 2017 - 2027

        9.2.1. North America

        9.2.2. Europe

        9.2.3. Asia Pacific

        9.2.4. Middle East & Africa

        9.2.5. South America

10. North America Anti-Money Laundering (AML) Software Market Analysis and Forecast 

    10.1. Key Findings

    10.2. Impact Analysis of Drivers & Restraints

    10.3. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Product Type, 2017 - 2027

        10.3.1. Currency Transaction Reporting System 

        10.3.2. Transaction Monitoring System

        10.3.3. Compliance Management Software

        10.3.4. Customer Identity Management System 

    10.4. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by End-user  Type, 2017 - 2027

        10.4.1. Retail Banking

        10.4.2. Corporate Banking

        10.4.3. Private Banking

        10.4.4. Investment Banking

        10.4.5. Asset Management

        10.4.6. Insurance 

        10.4.7. Multiple Banking Services

        10.4.8. Legal Service Providers

    10.5. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Solution Type, 2017 - 2027

        10.5.1. Transactional Monitoring

        10.5.2. KYC (Know Your Customer)

        10.5.3. Fraud, Risk & Compliance Management 

        10.5.4. Watch-list Screening

        10.5.5. Data Warehouse Management

        10.5.6. Analytics and Visualization

        10.5.7. Alert Management and Reporting

        10.5.8. Case Management

        10.5.9. Others

    10.6. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Deployment Model, 2017 - 2027

        10.6.1. On-Premise

        10.6.2. Cloud Based

    10.7. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017 - 2027

        10.7.1. U.S.

        10.7.2. Canada

        10.7.3. Rest of North America

11. Europe Anti-Money Laundering (AML) Software Market Analysis and Forecast

    11.1. Key Findings

    11.2. Impact Analysis of Drivers & Restraints

    11.3. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Product Type, 2017 - 2027

        11.3.1. Currency Transaction Reporting System 

        11.3.2. Transaction Monitoring System

        11.3.3. Compliance Management Software

        11.3.4. Customer Identity Management System 

    11.4. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by End-user  Type, 2017 - 2027

        11.4.1. Retail Banking

        11.4.2. Corporate Banking

        11.4.3. Private Banking

        11.4.4. Investment Banking

        11.4.5. Asset Management

        11.4.6. Insurance 

        11.4.7. Multiple Banking Services

        11.4.8. Legal Service Providers

    11.5. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Solution Type, 2017 - 2027

        11.5.1. Transactional Monitoring

        11.5.2. KYC (Know Your Customer)

        11.5.3. Fraud, Risk & Compliance Management 

        11.5.4. Watch-list Screening

        11.5.5. Data Warehouse Management

        11.5.6. Analytics and Visualization

        11.5.7. Alert Management and Reporting

        11.5.8. Case Management

        11.5.9. Others

    11.6. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Deployment Model, 2017 - 2027

        11.6.1. On-Premise

        11.6.2. Cloud Based

    11.7. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017 - 2027

        11.7.1. Germany

        11.7.2. France

        11.7.3. UK

        11.7.4. Rest of Europe

12. Asia Pacific Anti-Money Laundering (AML) Software Market Analysis and Forecast

    12.1. Key Findings

    12.2. Impact Analysis of Drivers & Restraints

    12.3. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Product Type, 2017 - 2027

        12.3.1. Currency Transaction Reporting System 

        12.3.2. Transaction Monitoring System

        12.3.3. Compliance Management Software

        12.3.4. Customer Identity Management System 

    12.4. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by End-user  Type, 2017 - 2027

        12.4.1. Retail Banking

        12.4.2. Corporate Banking

        12.4.3. Private Banking

        12.4.4. Investment Banking

        12.4.5. Asset Management

        12.4.6. Insurance 

        12.4.7. Multiple Banking Services

        12.4.8. Legal Service Providers

    12.5. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Solution Type, 2017 - 2027

        12.5.1. Transactional Monitoring

        12.5.2. KYC (Know Your Customer)

        12.5.3. Fraud, Risk & Compliance Management 

        12.5.4. Watch-list Screening

        12.5.5. Data Warehouse Management

        12.5.6. Analytics and Visualization

        12.5.7. Alert Management and Reporting

        12.5.8. Case Management

        12.5.9. Others

    12.6. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Deployment Model, 2017 - 2027

        12.6.1. On-Premise

        12.6.2. Cloud Based

    12.7. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017 - 2027

        12.7.1. China

        12.7.2. Japan

        12.7.3. India

        12.7.4. Australia

        12.7.5. Rest of Asia Pacific

13. Middle East & Africa (MEA) Anti-Money Laundering (AML) Software Market Analysis and Forecast

    13.1. Key Findings

    13.2. Impact Analysis of Drivers & Restraints

    13.3. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Product Type, 2017 - 2027

        13.3.1. Currency Transaction Reporting System 

        13.3.2. Transaction Monitoring System

        13.3.3. Compliance Management Software

        13.3.4. Customer Identity Management System 

    13.4. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by End-user Type, 2017 - 2027

        13.4.1. Retail Banking

        13.4.2. Corporate Banking

        13.4.3. Private Banking

        13.4.4. Investment Banking

        13.4.5. Asset Management

        13.4.6. Insurance 

        13.4.7. Multiple Banking Services

        13.4.8. Legal Service Providers

    13.5. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Solution Type, 2017 - 2027

        13.5.1. Transactional Monitoring

        13.5.2. KYC (Know Your Customer)

        13.5.3. Fraud, Risk & Compliance Management 

        13.5.4. Watch-list Screening

        13.5.5. Data Warehouse Management

        13.5.6. Analytics and Visualization

        13.5.7. Alert Management and Reporting

        13.5.8. Case Management

        13.5.9. Others

    13.6. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Deployment Model, 2017 - 2027

        13.6.1. On-Premise

        13.6.2. Cloud Based

    13.7. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017 - 2027

        13.7.1. United Arab Emirates

        13.7.2. Saudi Arabia 

        13.7.3. South Africa

        13.7.4. Rest of MEA

14. South America Anti-Money Laundering (AML) Software Market Analysis and Forecast

    14.1. Key Findings

    14.2. Impact Analysis of Drivers & Restraints

    14.3. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Product Type, 2017 - 2027

        14.3.1. Currency Transaction Reporting System 

        14.3.2. Transaction Monitoring System

        14.3.3. Compliance Management Software

        14.3.4. Customer Identity Management System 

    14.4. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by End-user Type, 2017 - 2027

        14.4.1. Retail Banking

        14.4.2. Corporate Banking

        14.4.3. Private Banking

        14.4.4. Investment Banking

        14.4.5. Asset Management

        14.4.6. Insurance 

        14.4.7. Multiple Banking Services

        14.4.8. Legal Service Providers

    14.5. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Solution Type, 2017 - 2027

        14.5.1. Transactional Monitoring

        14.5.2. KYC (Know Your Customer)

        14.5.3. Fraud, Risk & Compliance Management 

        14.5.4. Watch-list Screening

        14.5.5. Data Warehouse Management

        14.5.6. Analytics and Visualization

        14.5.7. Alert Management and Reporting

        14.5.8. Case Management

        14.5.9. Others

    14.6. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Deployment Model, 2017 - 2027

        14.6.1. On-Premise

        14.6.2. Cloud Based

    14.7. Anti-Money Laundering (AML) Software Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017 - 2027

        14.7.1. Brazil

        14.7.2. Rest of South America

15. Competition Landscape

    15.1. Market Player – Competition Matrix

    15.2. Market Revenue Share Analysis (%), by Company (2018)

16. Company Profiles (Details – Business Overview, Sales Area/ Geographical Presence, Key Competitors, Revenue and Strategy) 

    16.1. 3i Infotech

        16.1.1. Business Overview

        16.1.2. Financials

        16.1.3. Recent Developments

        16.1.4. Business Strategy

    16.2. Accenture, Inc.

        16.2.1. Business Overview

        16.2.2. Financials

        16.2.3. Recent Developments

        16.2.4. Business Strategy

    16.3. ACI Worldwide, Inc.

        16.3.1. Business Overview

        16.3.2. Financials

        16.3.3. Recent Developments

        16.3.4. Business Strategy

    16.4. Aquilan Technologies, Inc.

        16.4.1. Business Overview

        16.4.2. Financials

        16.4.3. Recent Developments

        16.4.4. Business Strategy

    16.5. BAE Systems.

        16.5.1. Business Overview

        16.5.2. Financials

        16.5.3. Recent Developments

        16.5.4. Business Strategy

    16.6. Celent (iMeta CLM) (Oliver Wyman)

        16.6.1. Business Overview

        16.6.2. Financials

        16.6.3. Recent Developments

        16.6.4. Business Strategy

    16.7. Cognizant Technology Solutions Corporation

        16.7.1. Business Overview

        16.7.2. Financials

        16.7.3. Recent Developments

        16.7.4. Business Strategy

    16.8. EastNets

        16.8.1. Business Overview

        16.8.2. Financials

        16.8.3. Recent Developments

        16.8.4. Business Strategy

    16.9. Exiger LLC (DDIQ)

        16.9.1. Business Overview

        16.9.2. Financials

        16.9.3. Recent Developments

        16.9.4. Business Strategy

    16.10. Experian Information Solutions, Inc.

        16.10.1. Business Overview

        16.10.2. Financials

        16.10.3. Recent Developments

        16.10.4. Business Strategy

    16.11. Fenergo Ltd.

        16.11.1. Business Overview

        16.11.2. Financials

        16.11.3. Recent Developments

        16.11.4. Business Strategy

    16.12. Fiserv, Inc.

        16.12.1. Business Overview

        16.12.2. Financials

        16.12.3. Recent Developments

        16.12.4. Business Strategy

    16.13. Infrasoft Technologies Ltd.

        16.13.1. Business Overview

        16.13.2. Financials

        16.13.3. Recent Developments

        16.13.4. Business Strategy

    16.14. Napier Technologies Ltd.

        16.14.1. Business Overview

        16.14.2. Financials

        16.14.3. Recent Developments

        16.14.4. Business Strategy

    16.15. Opentext Corp.

        16.15.1. Business Overview

        16.15.2. Financials

        16.15.3. Recent Developments

        16.15.4. Business Strategy

    16.16. Oracle Corp.

        16.16.1. Business Overview

        16.16.2. Financials

        16.16.3. Recent Developments

        16.16.4. Business Strategy

    16.17. Pelican (ACE Software Solutions, Inc.)

        16.17.1. Business Overview

        16.17.2. Financials

        16.17.3. Recent Developments

        16.17.4. Business Strategy

    16.18. Quantexa

        16.18.1. Business Overview

        16.18.2. Financials

        16.18.3. Recent Developments

        16.18.4. Business Strategy

    16.19. SAS Institute, Inc.

        16.19.1. Business Overview

        16.19.2. Financials

        16.19.3. Recent Developments

        16.19.4. Business Strategy

    16.20. Tata Consultancy Services Ltd.

        16.20.1. Business Overview

        16.20.2. Financials

        16.20.3. Recent Developments

        16.20.4. Business Strategy

    16.21. Temenos Headquarters SA

        16.21.1. Business Overview

        16.21.2. Financials

        16.21.3. Recent Developments

        16.21.4. Business Strategy

    16.22. Verafin, Inc.

        16.22.1. Business Overview

        16.22.2. Financials

        16.22.3. Recent Developments

        16.22.4. Business Strategy

17. Key Takeaways

List of Tables 

Table 1: Global Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Product Type, 2017–2027

Table 2: Global Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by End-user  Type, 2017–2027

Table 3: Global Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Solution Type, 2017–2027

Table 4: Global Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Deployment Model, 2017–2027

Table 5: Global Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Region, 2017–2027

Table 6: North America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Product Type, 2017–2027

Table 7: North America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by End-user  Type, 2017–2027

Table 8: North America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Solution Type, 2017–2027

Table 9: North America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Deployment Model, 2017–2027

Table 10: North America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Country, 2017–2027

Table 11: Europe Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Product Type, 2017–2027

Table 12: Europe Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by End-user  Type, 2017–2027

Table 13: Europe Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Solution Type, 2017–2027

Table 14: Europe Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Deployment Model, 2017–2027

Table 15: Europe Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Country, 2017–2027

Table 16: Asia Pacific Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Product Type, 2017–2027

Table 17: Asia Pacific Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by End-user  Type, 2017–2027

Table 18: Asia Pacific Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Solution Type, 2017–2027

Table 19: Asia Pacific Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Deployment Model, 2017–2027

Table 20: Asia Pacific Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Country, 2017–2027

Table 21: Middle East & Africa Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Product Type, 2017–2027

Table 22: Middle East & Africa Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by End-user  Type, 2017–2027

Table 23: Middle East & Africa Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Solution Type, 2017–2027

Table 24: Middle East & Africa Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Deployment Model, 2017–2027

Table 25: Middle East & Africa Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Country, 2017–2027

Table 26: South America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Product Type, 2017–2027

Table 27: South America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by End-user  Type, 2017–2027

Table 28: South America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Solution Type, 2017–2027

Table 29: South America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Deployment Model, 2017–2027

Table 30: South America Anti-Money Laundering Software Market Revenue Forecast (US$ Mn), by Country, 2017–2027

List of Figures

Figure 1: Global Anti-Money Laundering Software Market Size (US$ Mn) Forecast, 2017 – 2027

Figure 2: Global Anti-Money Laundering Software Market Value (US$ Mn) Opportunity Assessment, by Region, 2019E

Figure 3: Global Anti-Money Laundering Software Market Value (US$ Mn) Opportunity Assessment, by Region, 2027F

Figure 4: REGIONAL OUTLINE, 2019

Figure 5: Global ICT Spending (%), by Region, 2019E

Figure 6: Global ICT Spending (US$ Bn), Regional Contribution, 2019E

Figure 7: Global ICT Spending (US$ Bn), Spending Type Contribution, 2019E

Figure 8: Global ICT Spending (%), by Type, 2019E

Figure 9: Ecosystem Analysis

Figure 10: Global Anti-Money Laundering Software Market Revenue (US$ Mn) and Y-o-Y Growth (Value %) Historic Trends, 2013 - 2018

Figure 11: Global Anti-Money Laundering Software Market Revenue Opportunity (US$ Mn) Historic Trends, 2013 - 2018

Figure 12: Global Anti-Money Laundering Software Market Revenue (US$ Mn) and Y-o-Y Growth (Value %) Forecast, 2017 - 2027

Figure 13: Global Anti-Money Laundering Software Market Revenue Opportunity (US$ Mn) Forecast, 2017 - 2027

Figure 14: Global Anti-Money Laundering Software Market Opportunity Assessment, by Product Type, 2019-2027

Figure 15: Global Anti-Money Laundering Software Market Opportunity Assessment, by End-user  Type, 2019-2027

Figure 16: Global Anti-Money Laundering Software Market Opportunity Assessment, by Solution Type, 2019-2027

Figure 17: Global Anti-Money Laundering Software Market Opportunity Assessment, by Deployment Model , 2019-2027

Figure 18: Global Anti-Money Laundering Software Market Opportunity Assessment, by Region , 2019-2027

Figure 19: Global Anti-Money Laundering Software Market, by Product Type, CAGR (%) (2019 – 2027)

Figure 20: Global Anti-Money Laundering Software Market, by End-user, CAGR (%) (2019 – 2027)

Figure 21: Global Anti-Money Laundering Software Market, by Deployment Model, CAGR (%) (2019 – 2027)

Figure 22: Global Anti-Money Laundering Software Market, by Solution Type, CAGR (%) (2019 – 2027)

Figure 23: Global Anti-Money Laundering Software Market, Region CAGR (%) (2019 – 2027)

Figure 24: Global Anti-Money Laundering Software Market Share Analysis, by Product Type (2019)

Figure 25: Global Anti-Money Laundering Software Market Share Analysis, by Product Type (2027)

Figure 26: Global Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2019)

Figure 27: Global Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2027)

Figure 28: Global Anti-Money Laundering Software Market Share Analysis, by Solution Type (2019)

Figure 29: Global Anti-Money Laundering Software Market Share Analysis, by Solution Type (2027)

Figure 30: Global Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2019)

Figure 31: Global Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2027)

Figure 32: Global Anti-Money Laundering Software Market Share Analysis, by Region (2019)

Figure 33: Global Anti-Money Laundering Software Market Share Analysis, by Region (2027)

Figure 34: North America Anti-Money Laundering Software Market Share Analysis, by Product Type (2019)

Figure 35: North America Anti-Money Laundering Software Market Share Analysis, by Product Type (2027)

Figure 36: North America Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2019)

Figure 37: North America Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2027)

Figure 38: North America Anti-Money Laundering Software Market Share Analysis, by Solution Type (2019)

Figure 39: North America Anti-Money Laundering Software Market Share Analysis, by Solution Type (2027)

Figure 40: North America Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2019)

Figure 41: North America Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2027)

Figure 42: North America Anti-Money Laundering Software Market Share Analysis, by Country (2019)

Figure 43: North America Anti-Money Laundering Software Market Share Analysis, by Country (2027)

Figure 44: Europe Anti-Money Laundering Software Market Share Analysis, by Product Type (2019)

Figure 45: Europe Anti-Money Laundering Software Market Share Analysis, by Product Type (2027)

Figure 46: Europe Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2019)

Figure 47: Europe Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2027)

Figure 48: Europe Anti-Money Laundering Software Market Share Analysis, by Solution Type (2019)

Figure 49: Europe Anti-Money Laundering Software Market Share Analysis, by Solution Type (2027)

Figure 50: Europe Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2019)

Figure 51: Europe Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2027)

Figure 52: Europe Anti-Money Laundering Software Market Share Analysis, by Country (2019)

Figure 53: Europe Anti-Money Laundering Software Market Share Analysis, by Country (2027)

Figure 54: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Product Type (2019)

Figure 55: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Product Type (2027)

Figure 56: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2019)

Figure 57: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2027)

Figure 58: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Solution Type (2019)

Figure 59: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Solution Type (2027)

Figure 60: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2019)

Figure 61: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2027)

Figure 62: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Country (2019)

Figure 63: Asia Pacific Anti-Money Laundering Software Market Share Analysis, by Country (2027)

Figure 64: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Product Type (2019)

Figure 65: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Product Type (2027)

Figure 66: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2019)

Figure 67: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2027)

Figure 68: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Solution Type (2019)

Figure 69: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Solution Type (2027)

Figure 70: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2019)

Figure 71: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2027)

Figure 72: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Country (2019)

Figure 73: Middle East & Africa Anti-Money Laundering Software Market Share Analysis, by Country (2027)

Figure 74: South America Anti-Money Laundering Software Market Share Analysis, by Product Type (2019)

Figure 75: South America Anti-Money Laundering Software Market Share Analysis, by Product Type (2027)

Figure 76: South America Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2019)

Figure 77: South America Anti-Money Laundering Software Market Share Analysis, by End-user  Type (2027)

Figure 78: South America Anti-Money Laundering Software Market Share Analysis, by Solution Type (2019)

Figure 79: South America Anti-Money Laundering Software Market Share Analysis, by Solution Type (2027)

Figure 80: South America Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2019)

Figure 81: South America Anti-Money Laundering Software Market Share Analysis, by Deployment Model (2027)

Figure 82: South America Anti-Money Laundering Software Market Share Analysis, by Country (2019)

Figure 83: South America Anti-Money Laundering Software Market Share Analysis, by Country (2027)

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

Request Customization

Anti-Money Laundering Software Market