Anti-Money Laundering (AML) Software - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Anti-Money Laundering (AML) Software Market is 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% during the forecast period. Increase in money launder cases and increase in expenditures are driving towards the market growth. However, the lack of skilled Anti%li%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.
Some of the key players in the Anti-Money Laundering (AML) Software market are ACI Worldwide, Inc., Oracle, EastNets, FICO TONBELLER, NICE Actimize, Regulatory DataCorp, Inc., Safe Banking Systems LLC, SAS Institute Inc., Thomson Reuters Corporation, Truth Technologies, Inc., Verafin Inc.,AML Partners, BAE Systems, Experian, FIS and Aquilan.
Solutions Covered:
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.
Some of the key players in the Anti-Money Laundering (AML) Software market are ACI Worldwide, Inc., Oracle, EastNets, FICO TONBELLER, NICE Actimize, Regulatory DataCorp, Inc., Safe Banking Systems LLC, SAS Institute Inc., Thomson Reuters Corporation, Truth Technologies, Inc., Verafin Inc.,AML Partners, BAE Systems, Experian, FIS and Aquilan.
Solutions Covered:
- KYC (Know Your Customer)
- Watch-list Screening
- Fraud, Risk & Compliance Management
- Transactional Monitoring
- Case Management
- Data Warehouse Management
- Alert Management & Reporting
- Analytics & Visualization
- Other solutions
- Service
- Software
- Cloud-based
- On-premise
- Private Banking
- Retail Banking
- Investment Banking
- Corporate Banking
- Legal Service Providers
- Multiple Banking Services
- Asset Management
- Banking, Financial Services and Insurance (BFSI)
- Healthcare
- Defense and Government
- IT & Telecom
- Transportation and Logistics
- Other End-Users
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 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
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of 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
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 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
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of 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
LIST OF TABLES
Table 1 Global Anti-Money Laundering (AML) Software Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Anti-Money Laundering (AML) Software Market Outlook, By Solution (2016-2026) ($MN)
Table 3 Global Anti-Money Laundering (AML) Software Market Outlook, By KYC (Know Your Customer) (2016-2026) ($MN)
Table 4 Global Anti-Money Laundering (AML) Software Market Outlook, By Watch-list Screening (2016-2026) ($MN)
Table 5 Global Anti-Money Laundering (AML) Software Market Outlook, By Fraud, Risk & Compliance Management (2016-2026) ($MN)
Table 6 Global Anti-Money Laundering (AML) Software Market Outlook, By Transactional Monitoring (2016-2026) ($MN)
Table 7 Global Anti-Money Laundering (AML) Software Market Outlook, By Case Management (2016-2026) ($MN)
Table 8 Global Anti-Money Laundering (AML) Software Market Outlook, By Data Warehouse Management (2016-2026) ($MN)
Table 9 Global Anti-Money Laundering (AML) Software Market Outlook, By Alert Management & Reporting (2016-2026) ($MN)
Table 10 Global Anti-Money Laundering (AML) Software Market Outlook, By Analytics & Visualization (2016-2026) ($MN)
Table 11 Global Anti-Money Laundering (AML) Software Market Outlook, By Other solutions (2016-2026) ($MN)
Table 12 Global Anti-Money Laundering (AML) Software Market Outlook, By Component (2016-2026) ($MN)
Table 13 Global Anti-Money Laundering (AML) Software Market Outlook, By Service (2016-2026) ($MN)
Table 14 Global Anti-Money Laundering (AML) Software Market Outlook, By Software (2016-2026) ($MN)
Table 15 Global Anti-Money Laundering (AML) Software Market Outlook, By Currency Transaction Reporting Software (CTR) (2016-2026) ($MN)
Table 16 Global Anti-Money Laundering (AML) Software Market Outlook, By Transaction Monitoring Software (2016-2026) ($MN)
Table 17 Global Anti-Money Laundering (AML) Software Market Outlook, By Customer Identity Management Software (CIM) (2016-2026) ($MN)
Table 18 Global Anti-Money Laundering (AML) Software Market Outlook, By Compliance Management Software (2016-2026) ($MN)
Table 19 Global Anti-Money Laundering (AML) Software Market Outlook, By Other Softwares (2016-2026) ($MN)
Table 20 Global Anti-Money Laundering (AML) Software Market Outlook, By Deployment (2016-2026) ($MN)
Table 21 Global Anti-Money Laundering (AML) Software Market Outlook, By Cloud-based (2016-2026) ($MN)
Table 22 Global Anti-Money Laundering (AML) Software Market Outlook, By On-premise (2016-2026) ($MN)
Table 23 Global Anti-Money Laundering (AML) Software Market Outlook, By Application (2016-2026) ($MN)
Table 24 Global Anti-Money Laundering (AML) Software Market Outlook, By Private Banking (2016-2026) ($MN)
Table 25 Global Anti-Money Laundering (AML) Software Market Outlook, By Retail Banking (2016-2026) ($MN)
Table 26 Global Anti-Money Laundering (AML) Software Market Outlook, By Investment Banking (2016-2026) ($MN)
Table 27 Global Anti-Money Laundering (AML) Software Market Outlook, By Corporate Banking (2016-2026) ($MN)
Table 28 Global Anti-Money Laundering (AML) Software Market Outlook, By Legal Service Providers (2016-2026) ($MN)
Table 29 Global Anti-Money Laundering (AML) Software Market Outlook, By Multiple Banking Services (2016-2026) ($MN)
Table 30 Global Anti-Money Laundering (AML) Software Market Outlook, By Asset Management (2016-2026) ($MN)
Table 31 Global Anti-Money Laundering (AML) Software Market Outlook, By End User (2016-2026) ($MN)
Table 32 Global Anti-Money Laundering (AML) Software Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) ($MN)
Table 33 Global Anti-Money Laundering (AML) Software Market Outlook, By Healthcare (2016-2026) ($MN)
Table 34 Global Anti-Money Laundering (AML) Software Market Outlook, By Defense and Government (2016-2026) ($MN)
Table 35 Global Anti-Money Laundering (AML) Software Market Outlook, By IT & Telecom (2016-2026) ($MN)
Table 36 Global Anti-Money Laundering (AML) Software Market Outlook, By Transportation and Logistics (2016-2026) ($MN)
Table 37 Global Anti-Money Laundering (AML) Software Market Outlook, By Other End-Users (2016-2026) ($MN)
Table 38 Global Anti-Money Laundering (AML) Software Market Outlook, By Energy (2016-2026) ($MN)
Table 39 Global Anti-Money Laundering (AML) Software Market Outlook, By Manufacturing (2016-2026) ($MN)
Table 40 Global Anti-Money Laundering (AML) Software Market Outlook, By Utilities (2016-2026) ($MN)
Note: The tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are mentioned in the same manner as above.
Table 1 Global Anti-Money Laundering (AML) Software Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Anti-Money Laundering (AML) Software Market Outlook, By Solution (2016-2026) ($MN)
Table 3 Global Anti-Money Laundering (AML) Software Market Outlook, By KYC (Know Your Customer) (2016-2026) ($MN)
Table 4 Global Anti-Money Laundering (AML) Software Market Outlook, By Watch-list Screening (2016-2026) ($MN)
Table 5 Global Anti-Money Laundering (AML) Software Market Outlook, By Fraud, Risk & Compliance Management (2016-2026) ($MN)
Table 6 Global Anti-Money Laundering (AML) Software Market Outlook, By Transactional Monitoring (2016-2026) ($MN)
Table 7 Global Anti-Money Laundering (AML) Software Market Outlook, By Case Management (2016-2026) ($MN)
Table 8 Global Anti-Money Laundering (AML) Software Market Outlook, By Data Warehouse Management (2016-2026) ($MN)
Table 9 Global Anti-Money Laundering (AML) Software Market Outlook, By Alert Management & Reporting (2016-2026) ($MN)
Table 10 Global Anti-Money Laundering (AML) Software Market Outlook, By Analytics & Visualization (2016-2026) ($MN)
Table 11 Global Anti-Money Laundering (AML) Software Market Outlook, By Other solutions (2016-2026) ($MN)
Table 12 Global Anti-Money Laundering (AML) Software Market Outlook, By Component (2016-2026) ($MN)
Table 13 Global Anti-Money Laundering (AML) Software Market Outlook, By Service (2016-2026) ($MN)
Table 14 Global Anti-Money Laundering (AML) Software Market Outlook, By Software (2016-2026) ($MN)
Table 15 Global Anti-Money Laundering (AML) Software Market Outlook, By Currency Transaction Reporting Software (CTR) (2016-2026) ($MN)
Table 16 Global Anti-Money Laundering (AML) Software Market Outlook, By Transaction Monitoring Software (2016-2026) ($MN)
Table 17 Global Anti-Money Laundering (AML) Software Market Outlook, By Customer Identity Management Software (CIM) (2016-2026) ($MN)
Table 18 Global Anti-Money Laundering (AML) Software Market Outlook, By Compliance Management Software (2016-2026) ($MN)
Table 19 Global Anti-Money Laundering (AML) Software Market Outlook, By Other Softwares (2016-2026) ($MN)
Table 20 Global Anti-Money Laundering (AML) Software Market Outlook, By Deployment (2016-2026) ($MN)
Table 21 Global Anti-Money Laundering (AML) Software Market Outlook, By Cloud-based (2016-2026) ($MN)
Table 22 Global Anti-Money Laundering (AML) Software Market Outlook, By On-premise (2016-2026) ($MN)
Table 23 Global Anti-Money Laundering (AML) Software Market Outlook, By Application (2016-2026) ($MN)
Table 24 Global Anti-Money Laundering (AML) Software Market Outlook, By Private Banking (2016-2026) ($MN)
Table 25 Global Anti-Money Laundering (AML) Software Market Outlook, By Retail Banking (2016-2026) ($MN)
Table 26 Global Anti-Money Laundering (AML) Software Market Outlook, By Investment Banking (2016-2026) ($MN)
Table 27 Global Anti-Money Laundering (AML) Software Market Outlook, By Corporate Banking (2016-2026) ($MN)
Table 28 Global Anti-Money Laundering (AML) Software Market Outlook, By Legal Service Providers (2016-2026) ($MN)
Table 29 Global Anti-Money Laundering (AML) Software Market Outlook, By Multiple Banking Services (2016-2026) ($MN)
Table 30 Global Anti-Money Laundering (AML) Software Market Outlook, By Asset Management (2016-2026) ($MN)
Table 31 Global Anti-Money Laundering (AML) Software Market Outlook, By End User (2016-2026) ($MN)
Table 32 Global Anti-Money Laundering (AML) Software Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) ($MN)
Table 33 Global Anti-Money Laundering (AML) Software Market Outlook, By Healthcare (2016-2026) ($MN)
Table 34 Global Anti-Money Laundering (AML) Software Market Outlook, By Defense and Government (2016-2026) ($MN)
Table 35 Global Anti-Money Laundering (AML) Software Market Outlook, By IT & Telecom (2016-2026) ($MN)
Table 36 Global Anti-Money Laundering (AML) Software Market Outlook, By Transportation and Logistics (2016-2026) ($MN)
Table 37 Global Anti-Money Laundering (AML) Software Market Outlook, By Other End-Users (2016-2026) ($MN)
Table 38 Global Anti-Money Laundering (AML) Software Market Outlook, By Energy (2016-2026) ($MN)
Table 39 Global Anti-Money Laundering (AML) Software Market Outlook, By Manufacturing (2016-2026) ($MN)
Table 40 Global Anti-Money Laundering (AML) Software Market Outlook, By Utilities (2016-2026) ($MN)
Note: The tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are mentioned in the same manner as above.
