Anti-money laundering (AML) software is a solution that enables banks and other financial institutions to monitor customer behavior on suspicious crime financial activities through automated processes. Various types of AML solutions have been considered in the anti-money laundering software market, such as transaction monitoring, currency trading reporting, customer identity management, and compliance management. The increase in global volume has helped to place AML solutions in banks and other financial institutions.
According to a new study by the Absolute Markets Insights (AMI), the global market for Anti-Money Laundering software is expected to cross US$ 2186.21 million in revenue by 2026.
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Top Key Players- Nelito Systems Limited, Tipalti, Open Text Corporation, Trulioo, 3i Infotech, EastNets, Verafin Inc., Tata Consultancy Services Limited, Accenture, Fiserv Inc. and Cognizant amongst others
Anti-Money Laundering (AML) Software Market:
- Transaction Monitoring Systems
- Currency Transaction Reporting System
- Compliance Management Software
By End User:
- Retail Banking
- Corporate Banking
- Private Banking
- Investment Banking
- Asset Management
- United States
- United Kingdom
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Major Key questions answered through this research report:
- What are the top key players of the Anti-Money Laundering (AML) Software Market?
- What are the strengths and weaknesses of the Anti-Money Laundering (AML) Software Market?
- What are the highest competitors in the market?
- What are the different marketing and distribution channels?
- What are the global market opportunities in front of the market?
- What are the key outcomes of SWOT and Porter’s five techniques?
- What is the global market size and growth rate in the forecast period?
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