January 20, 2016
Technavio’s latest global anti money laundering software market report highlights the top four emerging trends that are expected to drive the market’s growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.
The top four emerging trends for the global anti money laundering software market according to Technavio enterprise and applicationresearch expert Navin Rajendra are:
- Increasing use of predictive analytics
- Increasing demand for know your customer (KYC) analytics
- Cloud-based AML solutions
- Increasing adoption of AML software by medium-sized enterprises