Table of Contents
1 Introduction 17
1.1 Objectives of the Study 17
1.2 Market Definition 17
1.3 Market Size 18
1.3.1 Market Segmentation 1.3.2 Regions Covered 18
1.4 Years Considered for the Study 19
1.5 Currencies 19
1.6 Stakeholders 20
2 Research Methodology 21
2.1 Research Data 21
2.1.1 Secondary Data 22
2.1.2 Primary Data 23
2.1.2.1 Primary Election Breakdown 23
2.1.2.2 Key Industry Insights 24
2.2 Market Segmentation and Data Triangulation < > 2.3 Market 26
2.3.1 Top-down approach 26
2.3.2 Bottom-up approach 27
2.4 Market forecast 27
2.5 Assumptions of the study 28
2.6 Limitations of the study 28
3 Executive summary 29
4 Premium insights 33
4.1 Attractiveness in anti-money laundering Market Opportunity
Solutions Market 33
4.2 Anti-Money Laundering Solutions Market: Market Share of Top 3 Technology Types and Regions Actual < 34> BR 4.3 Anti-Money Laundering Solutions Market By Component Performance and Forecast < /> 4.4 Anti-Money Laundering Solutions Market By Deployment Mode 2019 35
4.5 Anti-Money Laundering Solutions Market Performance by Organization Size< 35> BR 4.6 Market Investment Scenario <>
5 Market Overview 37
5.1 Introduction 37
5.2 Market Dynamics <> 5.2.1 Drivers 38
5.2.1.1 Strict Compliance Requirements and Obligations 38
5.2. 1.2 Increasing Adoption of Digital Payment Modes 38
5.2.1.3 Using Advanced Analytics to Provide Proactive Risk Alerts 39
5.2.2 Regulations 39
5.2.2.1 Lack of Skilled AML Professionals < /> 5.2.3 Opportunities 39
5.2.3.1 Growing Demand for Advanced AML Solutions in the Financial Sector <> 5.2.3.2 Increase in Revenue Loss due to Increase in Fraud < > 5.2.3.3 Integration of AI, ML and Big Data Analytics < /> 5.2.4 Challenges 40
5.2.4.1
Fraud detection becomes increasingly difficult in the early stages 40
5.3 Regulatory landscape < > 5.3.1 Financial industry regulators < > 5.3.2 Financial Action Task Force < /> 5.3.3 International Monetary Fund ( IMF) < />5.3.4 General Data Protection Regulation 42
5.3.5 Gramm Leach Briley Article 42< > 5.3.6 Sarbanes-Oxley Act 42
6 Anti-Money Laundering Solutions Market By Components 43
6.1 Introduction 44
6.2 Solutions 45
6.2.1 Money to Drive Adoption of AML Solutions Increased instances of laundering 45
6.3 Services 46
6.3.1 Professional services <> 6.3.1.1 Consulting services < /> 6.3.1.1.1 Highly qualified and experienced to drive growth in consulting services segment 6.3.1.2 Training and Education < /> 6.3.1.2.1
Lack of Skilled Security Professionals to Facilitate Adoption of Training and Education Services < /> 6.3.1.3 Risk assessment < > 6.3.1.3.1 Risk assessment service providers assist companies in risk identification, risk analysis, risk assessment and risk management 50
6.3.1.4 Forensics and investigations 50
6.3.1.4.1 Forensics and investigation services provides historical threat reporting and analysis to prevent fraud in the
future 50
6.4 Managed Services 51 6.4.1 Need to meet compliance needs to drive adoption of
OF Managed Services 51 7 Anti-Money Laundering Solutions Market, By Technology Type 53 7.1 Introduction 54
7.2 Know Your Customer Systems 55
7.2.1 Increasing Identity Theft in the Financial Sector, KYC 7.3 Transaction Monitoring < /> 7.3.1 Minimize electronic payment fraud to promote adoption of transaction monitoring technology 55
7.4 Case management < /> 7.4.1 The need to prevent money laundering worldwide to fuel
the adoption of case management 56
7.5 Compliance management < /> 7.5.1 Compliance management techniques 57
7.6 Auditing and Reporting < /> 7.6.1 Increase
in Authentication Fraud, Money Laundering and Account Takeover Incidents Driving ADOPTION Auditing and Reporting Technology Types 58
8 Anti-Money Laundering Solutions Market, By Deployment Mode 59
8.1 Introduction 60
8.2 Cloud 61
8.2.1 Lower Installation, Upgrade and Maintenance Costs to Increase Adoption of Cloud-Based AML Solutions < /> 8.3 On-Premises 62
8.3. 1 Need to Protect Internal Applications, Platforms, and Systems Against Rise in Fraud to Drive Demand for On-Premises Deployment Modes 62
9 Anti-Money Laundering Solutions Market, by Organization Size 63
9.1 Introduction 64
9.2 SMEs < /> 9.2.1 Rise in Fraud to Promote Adoption of AML Solutions in SMEs < /> 9.3 Large Enterprises < > 9.3.1 Rise in Financial Losses and Large Fines to
Regulators
Among Large Non-Compliant Firms to Drive Adoption 66
10 Anti-Money Laundering Solutions Market By Region 67
10.1 Introduction 68
10.2 North America 68
10.2.1 United States 73
10.2.1.1 Anti-Money Laundering Solutions Market in United States to Drive Growth in AML Solutions Market Increase in cases of money laundering and terrorist financing < > 10.2.2 Canada 74
10.2.2.1 Increasing use of online banking in coming years to drive growth of AML solutions market in Canada < /> 10.3 Europe 74
10.3 .1 United Kingdom 77
10.3.1.1 Rapid growth of UK fintech industry drives demand for
AML solutions Increase in illegal transactions < /> 10.3.3 Rest of Europe 78
10.4 Asia-Pacific 78
10.4.1 China < /> 10.4.1.1 Increase in mobile payments driving growth of China's AML solutions market <> 10.4.2 Japan 83
10.4.2.1 Growing Government Initiatives to Combat Money Laundering Fraud Drives Demand for AML Solutions
in
Japan 83
10.4.4 Rest of Asia Pacific 83
10.5 Middle East & Africa 83
10.5.1 Middle East 10.5.2 Africa 87
10.5.2.1 Increased financial losses due to increased financial crime to promote adoption of AML solutions in Africa < /> 10.6 Latin America 87
10.6.1 Brazil 90
10.6.1.1 Banking sector
Brazil AML Solutions Market Growth Driven by Increase in Suspicious Transactions 90
10.6.2 Mexico 91
10.6.2.1 Increase in Organized Crime Driving Demand for AML Solutions
Mexico 91
10.6.3 Rest of Latin America 91
11 Competitive Landscape 92
11.1 Competition Powerful Leadership Mapping 92
11.1.1 Visionary Leader 92
11.1.2 Innovator 92
11.1.3 Dynamic Differential Function 92
11.1.4 Startups <> 11.2 Competitive Scenarios 94
11.2.1 Partnerships, Agreements and Cooperation 95
11.2.2 New Product Launches/Product Enhancements < > 11.2.3 Mergers and Acquisitions 96
11.2.4 Business Expansion < > 12 Companies Overview 98
(Business overview, products and services offered, recent trends, MNM view, SWOT analysis)*
12.1 Introduction 98
12.2 SAS Institute 98
12.3 FICO 101
12.4 ACI Worldwide 104
12.5 BAE SYSTEMS 107
12.6 Oracle 110
12.7 Experian 113
12.8 Nice 115
12.9 LexisNexis Risk Solutions <> 12.10 FISERV 120
12.11 FIS 123
12.12 Transunion 125
12.13 Napier 127
12.14 Caseware 128
12.15 NELITO SYSTEMS 128
12.16 Finacus Solutions 129 12.15 Recent Product Offerings,
Fusion
Trends, MNM view and SWOT analysis may not be obtained for private companies13
Appendix 131
13.1 Discussion Guide 131
13.2 Knowledge Store: Market and Markets Subscription Portal 134
13.3 Customizations Available 136
13.4 Related Reports 136
13.5 Author Details 137
List of
Tables 1 USD Exchange Rates 2016–2018 19Table
2 Factor Analysis
27Table 3 Anti-Money Laundering Solutions Market Size and Growth of Anti-Money Laundering Solutions, 2017-2024 (USD Million,
% YoY)
30Table 4 Market Size of Anti-Money Laundering Solutions, by Component,
2017-2024 (USD Million) 44Table
5 Solutions: Money Laundering Anti-Money Laundering Solutions Market Size, By Region, 2017-2024 (USD Million) 45Table
6 Services: Anti-Money Laundering Solutions Market Size, By Region, 2017-2024 (USD Million) 46Table
7 Services: Money Anti-Laundering Solutions Market Size, By Type,
2017–2024 (USD Million) 47Table
8 Professional Services: Anti-Money Laundering Solutions Market Size,
By Type, 2017–2024 (USD Million)47Table
9 Professional Services: Anti-money laundering solutions market size
by region, 2017-2024 (USD million) 48
Table 10 Consulting Services Market Size by Region, 2017-2024
(USD Million) 48Table 11 Training and Education Market Size by Region 2017-2024 (USD Million)
49Table 12 Risk Assessment Market Size by Region 2017-2024 Years (USD Million)
50Table 13 Forensics and Investigation Market Size, by Region,
2017–2024 (USD Million) 51Table
14 Managed Services: Anti-Money Laundering Solutions Market Size,
by Region, 2017-2024 ( 52
Table 15 Anti-Money Laundering Solutions Market Size, By Technology Type, 2017-2024 (Million USD) 54
Table 16 Know Your Customer Systems: Anti-Money Laundering Solutions Market Size, By Region, 2017 -2024 (USD Million) 55Table
17 Transaction Monitoring: Market Size of Anti-Money Laundering Solutions, by Region, 2017-2024 (USD Million) 56Table
18 Case Management: Market Size of Anti-Money Laundering Solutions
Region By Region, 2017-2024 (USD Million) 56Table
19 Compliance Management: Anti-Money Laundering Solutions Market Size, By Region, 2017-2024 (USD Million) 57Table
20 Auditing and Reporting: Anti-Money Laundering Solutions Market Size by Region 2017-2024 (USD Million) 58
Table 21 Market Size of Anti-Money Laundering Solutions, by Deployment Mode, 2017-2024 (USD Million)60Table
22 Cloud: Market Size of Anti-Money Laundering Solutions by Region
2017-2024 (USD Million)61Table
23 On-Premises: Anti-Money Laundering Solutions Market Size by Region, 2017-2024 (USD Million) 62
Table 24 Anti-Money Laundering Solutions Market Size by Organization Size, 2017-2024 (USD Million) 64
Table 25 SMEs: Anti-Money Laundering Solutions Market Size, By Region, 2017-2024 (USD Million) 65Table
26 Large Enterprises: Anti-Money Laundering Solutions Market Size ,
By Region, 2017-2024 (USD Million) 66Table
27 Anti-Money Laundering Market Size By Region 2017-2024 (Million USD) 69Table
28 North America: Anti-Money Laundering Market Size, By Composition, 2017-2024 (Million USD) 70Table
29 North America: Money Anti-money laundering market size by service
2017–2024 (USD million) 71
Table 30 North America: Anti-money laundering market size
by professional service, 2017-2024 (USD million) 71
Table 31 North America: Anti-money laundering market size
2017–2024 (USD Million) by Technology Type 72Table
32 North America: Anti-Money Laundering Market Size
72
Table 33 North America: Anti-Money Laundering Market Size
By Organization Size 2017-2024 (Million USD) 73
Table 34 North America: Anti-Money Laundering Market Size By Country
2017 –2024 (USD million) 73
Table 35 Europe: Anti-money laundering market size by component 2017-2024 (
USD million) 74
Table 36 Europe: Anti-money laundering market size by service
2017–2024 (USD million) ) 75
Table 37 Europe: Anti-money laundering market size by professional services, 2017-2024 (USD million) 75
Table 38 Europe: Anti-money laundering market size by technology type
2017–2024 (USD million)
Table 76 39 Europe: Anti-Money Laundering Market Size, By Mode of Deployment, 2017-2024 (US$ million) 76
Table 40 Europe: Anti-Money Laundering Market Size, By Organization Size, 2017-2024 (US$ million) 77
Table 41 Europe: Anti-Money Laundering Market Size by Country,
2017–2024 (USD Million) 77
Table 42 Asia Pacific: Anti-Money Laundering Market Size by Component
2017–2024 (USD Million) 79
Table 43 Asia Pacific Region : Anti-money laundering market size, by service,
2017–2024 (USD Million) 80Table
44 Asia Pacific: Anti-Money Laundering Market Size
By Professional Services, 2017-2024 (Million USD) 80Table
45 Asia Pacific: Anti-Money Laundering Market Size, Technology Type 81
Table 46 Asia Pacific: Anti-Money Laundering Market Size, By Deployment Mode, 2017-2024 (Million USD) 81
Table 47 Asia Pacific: Anti-Money Laundering Market 81
Table 48 Asia Pacific: Anti-Money Laundering Market Size by Country,
2017–2024 (USD million) 82
Table 49 Middle East and Africa: Money Laundering Countermeasure Market size
by component 2017–2024 (USD million) 84
Table 50 Middle East and Africa: Anti-money laundering Market size
by service 2017–2024 (USD million) 84Table
51 Middle East and Africa: Anti-money laundering Market size
Professional By Service, 2017-2024 (USD Million) 84Table
52 Middle East & Africa: Anti-Money Laundering Market Size By
Technology Type 2017-2024 (USD Million) 85Table
53 Middle East & Africa: Anti-Money Laundering Market Size
Development By mode, 2017-2024 (USD million) 85
Table 54 Middle East and Africa: Anti-Money Laundering Market Size
by Organization Size, 2017-2024 (USD Million) 86
Table 55 Middle East and Africa: Anti-Money Laundering Market Size
, by Country, 2017-2024 (USD Million) 86
Table 56 Latin America: Anti-Money Laundering Market Size, By Component, 2017-2024 (USD Million) 87
Table 57 Latin America: Anti-Money Laundering Market Size By Service
2017-2024 (USD Million) 88
Table 58 Latin USA: Anti-money laundering market size
by professional services, 2017-2024 (USD million) 88
Table 59 Latin America: Anti-money laundering market size
by technology type 2017–2024 (USD million) 89
Table 60 Latin America: Anti-money laundering market size
by deployment mode, 2017-2024 (USD million) 89
Table 61 Latin America: Anti-money laundering market size
by organization size 2017–2024 (USD million) 90
Table 62 Latin America: Money laundering Ring measures Market size
by country, 2017-2024 (USD million)
90Table 63 Partnerships, agreements and collaborations 2018-2019 95Table
64 New product launches/enhancements 2018-2019 96Table
65 Mergers and acquisitions 2017-2018 96
Table 66 Business Expansion 2017-2018
List of 97 Figures
Figure 1 Anti-Money Laundering Solutions Market: Research Design 22
Figure 2 Anti-Money Laundering Solutions Market: Top-Down AND
Bottom-Up Approach 26
Figure 3 Services Segment Will At Higher CAGR Growth
Forecast Period 30 Figure 4 Fastest Growing Segment Solution Market
for Anti-Money Laundering 31 Figure 5 North America to Hold Highest Market Share in 2019 31 Figure 6 Rising Need for Regulatory and Compliance Compliance Anti- Money Laundering Services Across Regions Driving Demand for Solutions 33 Figure 7 Transaction Surveillance Segment with Highest Market Share in 2019 and North America 34 Figure 8 Solutions Segment to Gain Market Share During Forecast Period 34 Figure 9 Expect Higher Market Share in 2019 On -Premises Segment Dominant 35Figure 10 Large Enterprise Segment Growing Market Share in 2019 35Figure 11 Asia Pacific Emerges as Best Market to Invest in Next Five Years 36Figure 12 Drivers, Constraints, Opportunities and Challenges: Money Laundering Countermeasure Solutions Market < > Figure 13 Services segment to grow at higher CAGR during forecast period 44 Figure 14 Managed services segment to register higher CAGR dueling
Forecast Period
46Figure 15 Understanding the Customer Systems Segment to Record Highest CAGR During
Forecast Period 54Figure 16 Cloud Segment to Record Higher CAGR During Forecast Period 60Figure
17 Small Business Segment to Record Higher CAGR During Forecast Period 64Figure
18 North America will account for the largest market size in 2019 68Figure
19 North America: Market Snapshot 70Figure
20 Asia Pacific: Market Snapshot 79Figure
21 Global Anti-Money Laundering Solutions Market (World) Competitive Leadership Mapping 2019 93Figure
22 Key Developments by Key Players in Anti-Money Laundering Solutions Market 2017-2019 94Figure
23 SAS Institute: Company Snapshot 98Figure
24 SAS Institute: SWOT Analysis
100Figure 25 FICO: COMPANY Snapshot 101Figure
26 FICO: SWOT Analysis 103Figure
27 ACI Worldwide: Company Snapshot 104Figure
28 Global ACI: SWOT Analysis 106Figure
29 BAE System: Company Snapshot
107Figure 30 BAE System: SWOT Analysis 109Figure
31 ORACLE: Company Snapshot 110Figure
32 ORACLE: SWOT ANALYSIS 112
Figure 33 EXPERIAN: Company Snapshot 113Figure
34 NICE: COMPANY Snapshot
115Figure 35 FISERV: Company Snapshot 120Figure
36 FIS: Company Snapshot 123Figure 37 Transunion: Company
Snapshot 125
