Global Analytics and Risk Compliance Solutions Scope of the Banking Market 2016-2020
Albany, New York, January 05, 2017: The latest report focusing on the Solutions for Banking Market has been recently added to the online database of Market Research Hub’s repository. The report covers the present scenario and the growth prospects of the banking market. It is entitled as “Global Analytics and Risk Compliance Solutions for Banking Market 2016-2020”.
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Financial services, insurance, and banks are among the most data-driven industries. Commercial banks and insurance companies operate within regulatory environments that require firms to store and analyze several years of transactional data. For making the most from the business financial services, companies rely on relational technologies coupled with business intelligence tool to handle the ever-increasing data and analytics burden.
In todays world of information, financial service industry is witnessing a disruptive change in the way do businesses worldwide. Regulatory reforms drive this change. Ailing business and customer settlements, continuous economic crisis in other industry verticals, high cost of new technology and business models, and high degree of industry consolidation and automation are some of the other growth drivers. Companies are rapidly changing business models. Financial institutions are changing the way they do businesses and building a high degree of ability to avoid the risk for losing confidence of customers and shareholders. With the growing customer expectation, financial institutions are gearing up their efforts to attract, retain, and grow their next generation of technological-driven bankers.
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Technavios analysts forecast the global analytics and risk compliance solutions for banking market to grow at a CAGR of 17.2% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global analytics and risk compliance solutions for banking market for 2016-2020. To calculate the market size, the report considers the revenue generated from the Americas, APAC, and EMEA.
The market is divided into the following segments based on geography:
Technavio’s report, Global Analytics and Risk Compliance Solutions For Banking Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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