Global Financial Analytics Market Report 2017-2021 with Key Players IBM, Microsoft, Oracle and SAP Dominating - ResearchAndMarkets.com

The "Global Financial Analytics Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

Global financial analytics market to grow at a CAGR of 10.86% during the period 2017-2021.

The report 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.

The latest trend gaining momentum in the market is shift to cloud computing. Three major factors propelling the growth of financial analytics in the cloud are increase in data, growth of cloud, and advanced analytics. Cloud technology became mainstream in mid-2017 and will play a major role in the forecast period in managing projects powered by analytics. As a huge amount of data from several sources continues to build, end-user companies rely on cloud technology, which is scalable and agile in extracting data. Cloud platforms have high adaptability, which makes it a more flexible platform for the deployment of various types of analytics tools. Connectivity option in the cloud helps make analytics accessible and increases the ease of sharing data and applications.

According to the report, one of the major drivers for this market is growing data in BFSI sector. The data coming from embedded systems is one of the fastest growing data segments. Organizations need financial analytics and solutions to manage huge volume of big data generated and to use it effectively. It is difficult to manually analyze such large volumes of data. Analytics helps enterprises optimize their business decisions and to provide new business models and products. BFSI companies use powerful computing platforms and financial analytics software for real-time analytics. These types of software are also used for fraud detection, product design and development, and process automation.

Further, the report states that one of the major factors hindering the growth of this market is increasing concerns regarding data privacy.

Key Vendors

• IBM
• Microsoft
• Oracle
• SAP

Other Prominent Vendors

• Fico
• Hitachi Vantara
• Information Builders
• MicroStrategy
• Rosslyn Analytics
• SAS Institute
• Tableau Software
• Teradata
• TIBCO Software

Key Topics Covered

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation by Deployment

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/qpcpql/global_financial?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180411005574/en/