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Global Anti Money Laundering (AML) Software Market : Analysis and Forecast (2017-2023) Focus on Software Type (Transaction Monitoring Software, Currency Transaction Reporting , Customer Identity Management, Compliance Management and Others) and Deployment Type (On-Premise and Cloud)

The global Anti-Money Laundering (AML) software market is expected to reach $1420.8 million by 2023. The growth in the AML software market can be significantly attributed to the following factors: monitoring suspicious transactions, regulatory compliance requirements of financial institutions with international regulatory bodies along with analysis of historical consumer data analysis for risk management.

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