ASIA PACIFIC TRANSACTION MONITORING SOFTWARE MARKET FORECAST 2020-2028

ASIA PACIFIC TRANSACTION MONITORING SOFTWARE MARKET FORECAST 2020-2028

  • April 2020 •
  • 108 pages •
  • Report ID: 5880957 •
  • Format: PDF
KEY FINDINGS
The Asia Pacific transaction monitoring software market is anticipated to register a CAGR of 15.85% over the estimated period of 2020-2028. The increase in money laundering, corruption, financial frauds, and terrorist financing activities augments market growth. In addition, different complexities in transaction processing systems in various organizations are creating positive trends for the market in the region.

MARKET INSIGHTS
The Asia Pacific transaction monitoring software market is surveyed further on the basis of markets in Thailand, Australia & New Zealand, India, South Korea, Vietnam, Japan, Indonesia, China, and the rest of Asia Pacific.Indonesia has faced money laundering due to the absence of regulation and corruption within institutions.

However, the government has geared up its efforts to fight financial fraud and promote anti-money laundering through legislation.In countries like Thailand, the banks are governed by the central bank of the country.

In October 2019, BOT announced that it is moving forward with a test of biometric KYC technology.In Vietnam, combating money laundering is one of the top priorities for the State Bank of Vietnam and also other relevant authorities.

These factors are estimated to promote market growth in the region.
New Zealand maintains a strong AML system in an effort to protect against money laundering and terrorist financing.New Zealand is one of the countries to implement FATF’s standards in an effort to protect against money laundering and terrorist financing.

Money laundering continues to be a large problem in Bangladesh despite Bangladesh taking several preventive steps.

COMPETITIVE INSIGHTS
Infrasoft Technologies, Fidelity National Information Services Inc, Oracle Corporation, SAS Institute Inc, Dow Jones, etc. are some of the renowned companies operating in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ACI WORLDWIDE INC
2. BAE SYSTEMS
3. FAIR ISAAC CORPORATION
4. FISERV INC
5. FIS
6. NICE LTD
7. ORACLE CORPORATION
8. SAS INSTITUTE INC
9. SOFTWARE AG
10. THOMSON REUTERS CORPORATION
11. INFRASOFT TECHNOLOGIES
12. EXPERIAN PLC
13. BOTTOMLINE TECHNOLOGIES
14. COMPLYADVANTAGE
15. DOW JONES RISK & COMPLIANCE