Houston, TX -- (SBWIRE) -- 01/14/2019 -- Anti-Money Laundering (AML) Software 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. There are four basic types of software that address anti-money laundering: transaction monitoring systems, currency transaction reporting systems, customer identity management systems and compliance management software. AML software solutions operates in various categories such as customer identity management, currency transaction report, and compliance software. Anti-Money Laundering provide real-time alerts and tools to report suspicious actions to maximize security and operational effectiveness The Anti-Money Laundering Software Market is expected to reach +22% CAGR during forecast period 2019-2025.

Anti-money laundering software 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. There are four basic types of software that address anti-money laundering: transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems and compliance management software. Europe to be the largest market for AML software during the forecast period. Though the Europe accounts for the largest market share, the Anti-Money Laundering Software Market region is envisaged to witness the fastest growth during the predicted period.

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Top Key Players:
Thomson Reuters, Fiserv, SAS, SunGard, Experian, ACI Worldwide,Tonbeller, Banker's Toolbox,Nice Actimize,CS&S, Ascent Technology Consulting,Cellent Finance Solutions, Verafin, EastNets, AML360, Aquilan, AML Partners, Truth Technologies

Market segment by Type, the product can be split into
- Transaction Monitoring Software
- Currency Transaction Reporting (CTR) Software
- Customer Identity Management Software
- Compliance Management Software
- Others.

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The Anti-Money Laundering Software Market report highlights the important trends and dynamics affecting the growth of the market, including the limitations, drivers, and opportunities. A number of research tools such as Porter's five forces analysis and SWOT analysis have been exercised to provide a precise understanding of this market. The competitive scenario section of the report also conceals the solutions, merchandises, facilities, business overview, recent expansions, and company profiles of the main performers operating in the market

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