London, 10 February 2015 –The Global Risk Analytics Market is expected to post a CAGR of 13.95 percent from 2014-2019, according to a new report from research firm TechNavio.
About the Report
According to the latest report from TechNavio, organizations are increasingly focusing on risk management solutions, as they help to improve business processes and increase ROI. Various analytics solutions, such as credit risk solutions for banking and insurance companies, are enabling risk functions so as to add value to an organization’s performance management for risk-based customer segmentation and adjusted rate of return.
“Risk analytics solutions enable compliance, manage risk and optimize the risk to the ideal level in order to achieve maximum benefits,” says Faisal Ghaus, Vice President of TechNavio.
The new TechNavio report also emphasizes uptake from the BFSI sector, which is expected to be the major user of risk analytics solutions through the projected period. Many banking organizations have started implementing risk management solutions to comply with stringent government regulations and to reduce risk when investing.
“Banking and insurance organizations have increased their investments in the adoption of risk analytics solutions, which is a key trend expected to continue through to 2019,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Increase in ROI with Adoption of Risk Analytics Solutions
- For a full detailed list, view our report.
Market Challenges:
- Complexity in Data Integration
- For a full detailed list, view our report.
Market Trends:
- Increased Adoption by BFSI Sector
- For a full detailed list, view our report.
Key Vendors:
- IBM Corp.
- Oracle Corp.
- SAP AG
- SAS Institute Inc.
Other Prominent Vendors:
- Accenture
- FICO
- FinAnalytica
- Fiserv
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
