Anti-Money Laundering (AML) Software - Global ﾂ鮓ｹﾔｭｴｴ Outlook (2017-2026)

Publication ID:

SMRC1218088

Publication Date:

December 1, 2018

Pages:

170

Publisher:

Stratistics MRC

Countries:

Global [1]

USD 4,150.00

Software [2]

IT Services [3]

Computing & Electronics [4]

Description:

The Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ 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- 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:
窶｢ KYC (Know Your Customer)
窶｢ Watch-list Screening
窶｢ Fraud, Risk & Compliance Management
窶｢ Transactional Monitoring
窶｢ Case Management
窶｢ Data Warehouse Management
窶｢ Alert Management & Reporting
窶｢ Analytics & Visualization
窶｢ Other solutions

Components Covered:
窶｢ Service
窶｢ Software

Deployments Covered:
窶｢ Cloud-based
窶｢ On-premise

Applications Covered:
窶｢ Private Banking
窶｢ Retail Banking
窶｢ Investment Banking
窶｢ Corporate Banking
窶｢ Legal Service Providers
窶｢ Multiple Banking Services
窶｢ Asset Management

End Users Covered:
窶｢ Banking, Financial Services and Insurance (BFSI)
窶｢ Healthcare
窶｢ Defense and Government
窶｢ IT & Telecom
窶｢ Transportation and Logistics
窶｢ Other End-Users

Regions Covered:
窶｢ North America
o US
o Canada
o Mexico
窶｢ Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
窶｢ Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
窶｢ South America
o Argentina
o Brazil
o Chile
o Rest of South America
窶｢ Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

Table Of Contents:

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 ﾂ鮓ｹﾔｭｴｴ 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 ﾂ鮓ｹﾔｭｴｴs
3.9 Futuristic ﾂ鮓ｹﾔｭｴｴ 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 ﾂ鮓ｹﾔｭｴｴ, 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 ﾂ鮓ｹﾔｭｴｴ, 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 ﾂ鮓ｹﾔｭｴｴ, By Deployment
7.1 Introduction
7.2 Cloud-Based
7.3 On-Premise

8 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ, 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 ﾂ鮓ｹﾔｭｴｴ, 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 ﾂ鮓ｹﾔｭｴｴ, 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 ﾂ鮓ｹﾔｭｴｴ Outlook, By Region (2016-2026) ($MN)
Table 2 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Solution (2016-2026) ($MN)
Table 3 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By KYC (Know Your Customer) (2016-2026) ($MN)
Table 4 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Watch-list Screening (2016-2026) ($MN)
Table 5 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Fraud, Risk & Compliance Management (2016-2026) ($MN)
Table 6 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Transactional Monitoring (2016-2026) ($MN)
Table 7 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Case Management (2016-2026) ($MN)
Table 8 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Data Warehouse Management (2016-2026) ($MN)
Table 9 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Alert Management & Reporting (2016-2026) ($MN)
Table 10 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Analytics & Visualization (2016-2026) ($MN)
Table 11 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Other solutions (2016-2026) ($MN)
Table 12 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Component (2016-2026) ($MN)
Table 13 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Service (2016-2026) ($MN)
Table 14 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Software (2016-2026) ($MN)
Table 15 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Currency Transaction Reporting Software (CTR) (2016-2026) ($MN)
Table 16 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Transaction Monitoring Software (2016-2026) ($MN)
Table 17 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Customer Identity Management Software (CIM) (2016-2026) ($MN)
Table 18 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Compliance Management Software (2016-2026) ($MN)
Table 19 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Other Softwares (2016-2026) ($MN)
Table 20 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Deployment (2016-2026) ($MN)
Table 21 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Cloud-based (2016-2026) ($MN)
Table 22 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By On-premise (2016-2026) ($MN)
Table 23 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Application (2016-2026) ($MN)
Table 24 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Private Banking (2016-2026) ($MN)
Table 25 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Retail Banking (2016-2026) ($MN)
Table 26 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Investment Banking (2016-2026) ($MN)
Table 27 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Corporate Banking (2016-2026) ($MN)
Table 28 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Legal Service Providers (2016-2026) ($MN)
Table 29 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Multiple Banking Services (2016-2026) ($MN)
Table 30 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Asset Management (2016-2026) ($MN)
Table 31 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By End User (2016-2026) ($MN)
Table 32 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) ($MN)
Table 33 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Healthcare (2016-2026) ($MN)
Table 34 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Defense and Government (2016-2026) ($MN)
Table 35 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By IT & Telecom (2016-2026) ($MN)
Table 36 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Transportation and Logistics (2016-2026) ($MN)
Table 37 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Other End-Users (2016-2026) ($MN)
Table 38 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Energy (2016-2026) ($MN)
Table 39 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Manufacturing (2016-2026) ($MN)
Table 40 Global Anti-Money Laundering (AML) Software ﾂ鮓ｹﾔｭｴｴ Outlook, By Utilities (2016-2026) ($MN)

Note: The tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are mentioned in the same manner as above.

Companies Mentioned:

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
Aquilan

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