Anti-Money Laundering (AML) solution helps financial institutions and government organizations to monitor and analyze customer data and transactions to detect, prevent, and report suspicious money laundering activities and improve AML compliance. Modern AML solution uses advanced analytics, artificial intelligence, and machine learning to predict potentially fraudulent activities to further strengthen the organization’s AML compliance readiness.
Quadrant Knowledge Solutions’ Anti-Money Laundering solution market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading AML solution vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including Accuity, ACI Worldwide, Acuant, AML Partners, BAE Systems, Clari5, FICO, Fiserv, GBG, NICE Actimize, Oracle, SAS, Symphony AyasdiAI, ThetaRay, and Verafin (Nasdaq).
According to Maria Gonsalves, Senior Analyst at Quadrant Knowledge Solutions “The anti-money laundering (AML) solution vendors continue to strengthen their capabilities leveraging cutting-edge technologies, such as AI, ML, and RPA right from customer onboarding, fraud detection and monitoring to investigation, alerting and reporting processes. Additionally, AML solution vendors are making significant investments for incorporating comprehensive data integration, advanced analytics, robust Watch List Filtering, rules-based detection models, sophisticated transaction monitoring, and visualization capabilities for enhanced AML solutions offering robust fraud detection and superior customer experience.”
2021 Anti-Money Laundering (AML) Solution SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
Executive Overview
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Anti-Money Laundering (AML) Solution Market
Vendor Profiles
Research Methodologies
AML solution research is a part of Quadrant’s Security & Risk Management practice.
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