Market Overview:
The global anti-money laundering suits (AMLS) market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing incidence of money laundering and terrorist financing activities, and the need for organizations to comply with various regulatory requirements. On-premise AMLS software is expected to hold a larger share of the market in 2018, owing to its ability to provide enhanced security and control over data. However, cloud-based AMLS software is expected to grow at a higher rate during the forecast period, as it offers several advantages such as scalability, flexibility, and lower costs.
 Industry Outlook.svg)
Product Definition:
The term "Anti-money laundering suits (AMLS)" is used to describe a type of litigation that is brought by the government in order to combat money laundering. The importance of Anti-money Laundering Suits (AMLS) is that they allow the government to pursue legal action against those who are suspected of engaging in money laundering activities.
On-Premise:
On-premise is a term used to define the installation of an application or service on the user's own server, which will be directly accessible to that user. The software can be installed on a computer already present within an organization or can also require the procurement of separate hardware for implementation. On-premise solutions are generally preferred due to their ability to integrate with existing systems and provide users with access to data as and when required without compromising on security protocols.
Cloud-Based:
Cloud-based AML software is a collection of tools and services that allow financial institutions to effectively manage their anti-money laundering (AML) compliance. It helps in reducing the cost, time & complexity associated with the management of customer data and transactions. The suitability of cloud technology for AMLS can be gauged from its ability to process large volumes of data at lower costs, which is expected to drive market growth over the forecast period.
Application Insights:
The transaction monitoring application segment dominated the market in 2017. This is attributed to the rising volume of financial transactions and growing concerns over money laundering activities. The transaction monitoring solutions enable real-time tracking of funds flow through suspicious activity reports (SAR). These solutions also offer a centralized platform from which authorities can monitor transactions and generate alerts if any illegal fund transfer occurs.
Anti-money laundering suits (AML) cloud-based solution accounted for a significant share in the market as organizations are shifting towards digital channels to reduce costs while improving operational efficiency. AML software as a service offers flexible deployment options on premise or in the cloud, along with an easy migration path from one mode to another. It also offers granular controls, advanced analytics, and up-to-date regulations compliance training ensuring that your staff are fully equipped with state of art technology for maximum effectiveness across all operations centers worldwide.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to various factors such as increasing money laundering activities, stringent government regulations, and rising regulatory pressure from banking associations. Moreover, the presence of major players in this region is also likely to contribute towards market growth.
The Asia Pacific anti-money laundering suits (AMLS) market is anticipated to witness substantial growth over the forecast period owing to increased focus on financial transparency by governments across emerging economies including China and India. Furthermore, growing adoption of cloud-based AML software solutions by banks for monitoring transactions may also drive regional demand during the forecast period.
In Europe as well anti-money laundering suits (AMLS) are expected witness considerable growth due to strict regulations imposed on banks regarding money laundering activities.
Growth Factors:
- Increasing instances of money laundering and terrorist financing activities across the globe are expected to drive the demand for AMLS solutions over the next few years.
- The increasing adoption of digital currencies such as Bitcoin is also anticipated to fuel the growth of this market in the near future.
- Stringent government regulations pertaining to AML are also expected to propel the demand for these solutions in coming years.
- The increasing number of financial institutions and other organizations that are vulnerable to money laundering activities is projected to boost market growth during the forecast period.
- Growing awareness about potential financial losses incurred due to money laundering activities is anticipated create new opportunities for AMLS providers in forthcoming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Anti-money Laundering Suits (AMLS) Market Research Report
By Type
On-Premise, Cloud-Based, Anti-money Laundering Suits (AMLS
By Application
Transaction Monitoring, Currency Transaction Reporting, Customer Identity Management, Compliance Management
By Companies
Quantexa Limited, Temenos, TCS, Tookitaki, Aquilan Technologies Inc., FIS, Comarch, INFORM GmbH, Fenergo, Infrasoft Technologies, Wolters Kluwer, SAS, Oracle Corporation, Consis International, SS&C, Infosys Limited (Financial Services Group), HCL Technologies, Thomson Reuters, SunGard, Truth Technologies, EastNets, Anti-money Laundering Suits (AMLS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Anti-money Laundering Suits (AMLS) Market Report Segments:
The global Anti-money Laundering Suits (AMLS) market is segmented on the basis of:
Types
On-Premise, Cloud-Based, Anti-money Laundering Suits (AMLS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transaction Monitoring, Currency Transaction Reporting, Customer Identity Management, Compliance Management
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Quantexa Limited
- Temenos
- TCS
- Tookitaki
- Aquilan Technologies Inc.
- FIS
- Comarch
- INFORM GmbH
- Fenergo
- Infrasoft Technologies
- Wolters Kluwer
- SAS
- Oracle Corporation
- Consis International
- SS&C
- Infosys Limited (Financial Services Group)
- HCL Technologies
- Thomson Reuters
- SunGard
- Truth Technologies
- EastNets
- Anti-money Laundering Suits (AMLS
 Market Overview.svg)
Highlights of The Anti-money Laundering Suits (AMLS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud-Based
- Anti-money Laundering Suits (AMLS
- By Application:
- Transaction Monitoring
- Currency Transaction Reporting
- Customer Identity Management
- Compliance Management
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Anti-money Laundering Suits (AMLS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Anti-money laundering suits (AMLS) are a type of lawsuit in which plaintiffs allege that defendants have violated anti-money laundering laws. These laws prohibit financial institutions from engaging in certain activities, such as knowingly facilitating the transfer of money to or from terrorist organizations or other criminal groups.
Some of the major players in the anti-money laundering suits (amls) market are Quantexa Limited, Temenos, TCS, Tookitaki, Aquilan Technologies Inc., FIS, Comarch, INFORM GmbH, Fenergo, Infrasoft Technologies, Wolters Kluwer, SAS, Oracle Corporation, Consis International, SS&C, Infosys Limited (Financial Services Group), HCL Technologies, Thomson Reuters, SunGard, Truth Technologies, EastNets, Anti-money Laundering Suits (AMLS.
The anti-money laundering suits (amls) market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anti-money Laundering Suits (AMLS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Anti-money Laundering Suits (AMLS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Anti-money Laundering Suits (AMLS) Market - Supply Chain
4.5. Global Anti-money Laundering Suits (AMLS) Market Forecast
4.5.1. Anti-money Laundering Suits (AMLS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Anti-money Laundering Suits (AMLS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Anti-money Laundering Suits (AMLS) Market Absolute $ Opportunity
5. Global Anti-money Laundering Suits (AMLS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Type
5.3.1. On-Premise
5.3.2. Cloud-Based
5.3.3. Anti-money Laundering Suits (AMLS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Anti-money Laundering Suits (AMLS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Application
6.3.1. Transaction Monitoring
6.3.2. Currency Transaction Reporting
6.3.3. Customer Identity Management
6.3.4. Compliance Management
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Anti-money Laundering Suits (AMLS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Anti-money Laundering Suits (AMLS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Anti-money Laundering Suits (AMLS) Demand Share Forecast, 2019-2026
9. North America Anti-money Laundering Suits (AMLS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Application
9.4.1. Transaction Monitoring
9.4.2. Currency Transaction Reporting
9.4.3. Customer Identity Management
9.4.4. Compliance Management
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Type
9.7.1. On-Premise
9.7.2. Cloud-Based
9.7.3. Anti-money Laundering Suits (AMLS
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Anti-money Laundering Suits (AMLS) Demand Share Forecast, 2019-2026
10. Latin America Anti-money Laundering Suits (AMLS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Application
10.4.1. Transaction Monitoring
10.4.2. Currency Transaction Reporting
10.4.3. Customer Identity Management
10.4.4. Compliance Management
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Type
10.7.1. On-Premise
10.7.2. Cloud-Based
10.7.3. Anti-money Laundering Suits (AMLS
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Anti-money Laundering Suits (AMLS) Demand Share Forecast, 2019-2026
11. Europe Anti-money Laundering Suits (AMLS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Application
11.4.1. Transaction Monitoring
11.4.2. Currency Transaction Reporting
11.4.3. Customer Identity Management
11.4.4. Compliance Management
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast b Type
11.7.1. On-Premise
11.7.2. Cloud-Based
11.7.3. Anti-money Laundering Suits (AMLS
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Anti-money Laundering Suits (AMLS) Demand Share, 2019-2026
12. Asia Pacific Anti-money Laundering Suits (AMLS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Application
12.4.1. Transaction Monitoring
12.4.2. Currency Transaction Reporting
12.4.3. Customer Identity Management
12.4.4. Compliance Management
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Type
12.7.1. On-Premise
12.7.2. Cloud-Based
12.7.3. Anti-money Laundering Suits (AMLS
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Anti-money Laundering Suits (AMLS) Demand Share, 2019-2026
13. Middle East & Africa Anti-money Laundering Suits (AMLS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Application
13.4.1. Transaction Monitoring
13.4.2. Currency Transaction Reporting
13.4.3. Customer Identity Management
13.4.4. Compliance Management
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Anti-money Laundering Suits (AMLS) Market Size and Volume Forecast by Type
13.7.1. On-Premise
13.7.2. Cloud-Based
13.7.3. Anti-money Laundering Suits (AMLS
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Anti-money Laundering Suits (AMLS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Anti-money Laundering Suits (AMLS) Market: Market Share Analysis
14.2. Anti-money Laundering Suits (AMLS) Distributors and Customers
14.3. Anti-money Laundering Suits (AMLS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Quantexa Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Temenos
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TCS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tookitaki
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aquilan Technologies Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FIS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Comarch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. INFORM GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fenergo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Infrasoft Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wolters Kluwer
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Oracle Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Consis International
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SS&C
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Infosys Limited (Financial Services Group)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HCL Technologies
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Thomson Reuters
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SunGard
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Truth Technologies
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
