Big Data is making a big impact already in
certain industries such as the healthcare, industrial, and retail sectors. With
the exception of the government sector, no other industry has more to gain from
leveraging Big Data than the financial services sector. Big Data technology
will help financial institutions maximize the value of data and gain
competitive advantage, minimize costs, convert challenges to opportunities, and
minimize risk in real-time.
Big Data technologies provide financial
services firms with the capability to capture and analyze data, build
predictive models, back-test and simulate scenarios. Through iteration, firms
will determine the most important variables and also key predictive models.
There is a huge opportunity for financial
services firms to apply new data sets and new algorithms to optimize capital
allocation, cash management, and currency processing. The financial implications
are manifest in improved capital flows and profitability for many firms within
the ecosystem.
This report evaluates Big Data prospects and
opportunities within the financial services sector and answers the following
key questions: -
- How is Big Data expected to impact the financial services industry?
- What are the Big Data players financial management solutions and their impact?
- What are the Big Data financial management models and how are they applied?
- What are the near-term and long-term benefits to the financial services industry?
- What are the specific challenges that the financial services industry faces with Big Data?
- The report also analyzes Big Data prospects for financial services within the emerging markets including Brazil, China, and India.
Target
Audience:
- Big Data companies
- Telecom service providers
- Financial services companies
- Data services and analytics companies
- Cloud and telecom infrastructure providers
Spanning
over 93 pages, 37 Tables and 18 Figures, “Big Data in Financial Services Industry: Market Trends,
Challenges, and Prospects 2013 - 2018” report covering Introduction,
Big Data Market Trends, Big Data In Finance: The Challenges, Big Data In
Finance: An Analysis, Big Data In Finance: The Competitive Market Landscapes,
Big Data In Finance: Prospects And Opportunities, Conclusions. The report cover
37 companies - 1010data, 10gen 65, Actian, Alteryx, Amazon, Attivio, Bmc, Booz
Allen Hamilton, Capgemini, Cisco Systems, Cloudera, Csc, Dell, Emc, Fusion-Io,
Gooddata, Google, Guavus, Hitachi, Hp, Ibm, Informatica, Intel, Marklogic,
Microsoft, Mu Sigma, Netapp, Opera Solutions, Oracle, Paraccel, Qliktech, Sap,
Sgi, Splunk, Teradata, Tibco Software, Vmware.
For more information please visit: http://www.marketresearchreports.com/mind-commerce/big-data-financial-services-industry-market-trends-challenges-and-prospects-2013-2018
Browse other Big Data market research reports,
industry analysis and trends at : http://www.marketresearchreports.com/big-data