DUBLIN--(BUSINESS WIRE)--The "Trade Surveillance Systems Market by Component (Solution (Risk and Compliance, Reporting & Monitoring, Surveillance & Analytics, Case Management) and Service), Deployment Type, Organization Size, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The trade surveillance systems market size is expected to grow from USD 600.2 million in 2017 to USD 1,449.6 million by 2022, at a CAGR of 19.3% during the forecast period.
This market is majorly driven by the requirement of effective surveillance system to prevent trade frauds. Globalization of markets, technological advancements, integrated trading activities, and the increasing pace of market innovations have led the financial institutions to adopt trade surveillance systems for effective business growth. However, monitoring real-time trading events for fraud detection is affecting the growth of trade surveillance systems market.
Increased regulatory action has forced extra responsibility over compliance team. Financial institutions are adopting proactive trade monitoring systems to save from heavy fine imposed due to non-compliance of regulations. As a result, companies are rapidly outsourcing certain activities to a specialized trade surveillance service provider.
The on-premises deployment type is expected to have a larger market size during the forecast period, as trade surveillance vendors offer customized solutions to integrate with the existing network and IT infrastructure. However, the on-premises segment is expected to witness a slower growth rate during the forecast period owing to the increasing demand for cloud-based solutions. As cloud-based solutions improve mobility and decentralize the data storage for seamless business growth.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Trade Surveillance Systems Market, By Component
7 Market By Deployment Type
8 Market By Organization Size
9 Trade Surveillance Systems Market, By Region
10 Competitive Landscape
11 Company Profiles
- Aca Compliance Group
- Aquis Technologies
- Nice Systems
- SIA S.P.A.
- Software AG
For more information about this report visit https://www.researchandmarkets.com/research/kd6pwd/1_4_bn_trade?w=4