Anti-Money Laundering Solutions Market Share

Market Share of Anti-Money Laundering Solutions Industry

The Anti-Money Laundering Solutions Market is highly fragmented, with the presence of major players like SAS Institute, Inc., NICE Actimize (Nice Ltd), Experian Information Solutions Inc. (Experian Ltd), Symphony Innovation LLC, and Fair Isaac Corporation (FICO). Players in the market are adopting strategies, such as partnerships and acquisitions, enhancing their product offerings and gaining sustainable competitive advantage.

• July 2023 - Profile, a financial solutions provider, extended the term of its contract with Allica Bank, which has been based on a strong relationship and fruitful collaboration between the two parties. Allica Bank recently exceeded GBP 2 billion (~USD 2.53 billion) in deposits alongside more than GBP 1 billion (~USD 1.26 billion) in lending on the platform, becoming one of the major UK fintechs to achieve profitability in the summer of 2022.
• October 2022 - SAS and Neterium partnered to provide Neterium's next-gen screening capabilities on SAS' world-class analytics platform. Also, Paris-based Orange Bank teamed with SAS and Neterium to meet the modern-day thresholds to achieve real-time sanctions screening in the cloud.

Anti-Money Laundering Solutions Market Leaders

1. SAS Institute, Inc.

2. NICE Actimize (Nice Ltd)

3. Experian Information Solutions Inc. (Experian Ltd)

4. Symphony Innovation LLC

5. Fair Isaac Corporation (FICO)

*Disclaimer: Major Players sorted in no particular order