Anti-Money Laundering Software Market Present Scenario and Growth Prospects 2017-2021

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Global Anti-Money Laundering Software Market 2017-2021

No of Pages: 70

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Global Anti-Money Laundering Software Market 2017-2021 

Money laundering is a process by which criminals convert illegally obtained profit into seemingly legitimate funds. They hide the source of such profits and try to prove that they are from a legitimate source. Money laundering is a worldwide issue. The reason for criminals to launder their illegal funds is that they can later use this money in the markets without any hindrance and without the fear of it being tracked. Laundering prevents the funds from being confiscated by the police. In money laundering, once the funds are deposited in a foreign bank, they can be moved through accounts of shell corporations that exist mainly for laundering purposes. The high volume of wire transfers daily makes it difficult for law enforcement agencies to trace these transactions.

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The analysts forecast global anti money laundering software market to grow at a CAGR of 11.07% during the period 2017-2021.

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Global Anti-Money Laundering Software Market 2017-2021 

This report covers the present scenario and the growth prospects of the global anti money laundering software market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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Global Anti-Money Laundering Software Market 2017-2021 

The following companies are the key players in the global anti money laundering software market: ACI Worldwide, EastNets, FICO TONBELLER, Fiserv, NICE Actimize, RELX, FIS, BAE Systems, Experian, Oracle, SAS, Thomson Reuters, aml360, AML Partners, AML RightSource, Safe Banking Systems, Truth Technologies, and Verafin. Other Prominent Vendors in the market are: Aquilan Technologies, Banker's Toolbox, CaseWare Analytics, Fenergo, Infrasoft Technologies, Innovative Systems, Jack Henry & Associates, MetricStream, Ocean Systems, Regulatory DataCorp, Temenos, Wolters Kluwer, 3i Infotech, IBM, KPMG, TATA Consultancy Services, Ascent Technology Consulting, Aquilan Technologies, Banker's Toolbox, targens, CGI, and MemberCheck.

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Global Anti-Money Laundering Software Market 2017-2021 Key questions answered in this report 

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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