Market Research Reports Global Anti-money Laundering Solution Market Repor

Analysis Of Anti-money Laundering
Software Solution Market Report 2019
A market study ”Global Anti-money Laundering Software Solution Market”
examines the performance of the Global Anti-money Laundering Software
Solution Market 2019. It encloses an in-depth Research of the Anti-money
Laundering Software Solution Market state and the competitive landscape
globally. This report analyzes the potential of Anti-money Laundering
Software Solution Market in the present and the future prospects from
various angles in detail.
Global Anti-money Laundering Software Solution Market Overview:
The Global Anti-money Laundering Software Solution Market size was 960 Million US$ in 2018 and it
is expected to reach 1600 Million US$ by the end of 2023, with a healthy CAGR during the forecast
period (2019 - 2023).
As per the market report analysis, the Anti-money Laundering (AML) Solution is software used in the
finance and legal industries to meet the legal requirements for financial institutions and other
regulated entities to prevent or report money laundering activities. Anti-money Laundering (AML)
Solution allows financial institutions and other enterprises to detect suspicious transactions and
analyze customer data. Its ability to provide real-time alerts and tools to report suspicious events to
maximize security and operational efficiency will foster its adoption during the forecast period.
Available Exclusive Sample Copy of this Report @
https://www.businessindustryreports.com/sample-request/148995 .
One of the most important factor drives the growth of the Global Anti-money Laundering Software
Solution Market is increasing regulatory compliance requirements, which compels financial
institutions to adopt AML software. The growing utilization of predictive analytics to reduce false
results and to decrease the compliance cost of AML software is a trend that will impel market
growth until the end of 2023. Europe to be the largest market for AML software during the forecast
period. Though Europe accounts for the largest market share, the APAC region is envisaged to
witness the fastest growth during the predicted period. US will still play an important role which
cannot be ignored. Any changes from United States might affect the development trend of Anti-
money Laundering Software.
The Global Anti-money Laundering Software Solution Market is segmented based on Type,
Deployment, Application and Region. On the basis of Type, the market is sub-segmented into
Transaction Monitoring Systems, Currency Transaction Reporting, Customer Identity Management
Systems and Compliance Management Software. Based on the Deployment, the market is divided
into On-Premise and Cloud. On the basis of Application, the market is sub-segmented into IT &