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AML spending to rise robustly

According to a new report by technology research firm Celent, spending on anti-money laundering software globally is set to increase to $375 million by 2009, a compound annual growth rate of 5.9%. According to the report, regulators in the US and EU are now emphasising the importance of effective AML analytics. Vendors profiled in the report are Accuity, Ace Software Solutions, ACI Worldwide

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