AML software is used by financial institutions to detect suspicious transactions and analyze customer data. AML software operates under various categories including currency transaction report, customer identity management, transaction monitoring systems, and compliance software. AML solutions provide real-time alerts and tools for financial enterprises to automatically report suspicious events to maximize security and operational efficiency. It is becoming essential for financial enterprises to understand the importance of compliance and to invest in AML technology to reduce the risk factors in business operations.
…show more content…
The Global AML Software Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global AML Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, most people are increasingly shifting toward debit cards as a preferred mode of payment because of the ease of use. This leads to data breach by criminals to access huge amounts and acquire debit card information. Large-scale data breaches of major retail chains are currently common. If there are a number of debit frauds against an enterprise customer satisfaction is not met and thus they stop availing the service. To save customers loss and prevent customers from becoming the victim of such activities, many enterprises are deploying AML software.
Key Regions
• …show more content…
• 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?
Further, the report states that one of the major challenges is the inconsistency in the data because of the data in enterprises are collected by the different departments and proper functioning of AML software requires consistency in data.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount on the Report @ http://www.sandlerresearch.org/discount?rname=16929
Contact sales@sandlerresearch.org / Call +1 888 391 5441 for further information on “Global Anti-money Laundering (AML) Software Market 2014-2018” report OR for any other market research and intelligence needs you may have for your
The Global AML Software Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global AML Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, most people are increasingly shifting toward debit cards as a preferred mode of payment because of the ease of use. This leads to data breach by criminals to access huge amounts and acquire debit card information. Large-scale data breaches of major retail chains are currently common. If there are a number of debit frauds against an enterprise customer satisfaction is not met and thus they stop availing the service. To save customers loss and prevent customers from becoming the victim of such activities, many enterprises are deploying AML software.
Key Regions
• …show more content…
• 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?
Further, the report states that one of the major challenges is the inconsistency in the data because of the data in enterprises are collected by the different departments and proper functioning of AML software requires consistency in data.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount on the Report @ http://www.sandlerresearch.org/discount?rname=16929
Contact sales@sandlerresearch.org / Call +1 888 391 5441 for further information on “Global Anti-money Laundering (AML) Software Market 2014-2018” report OR for any other market research and intelligence needs you may have for your