Monday, 3 December 2018

Overview of Big Data in the Financial Services Industry : Demands, Insights, Research and Forecast 2018-2030

ResearchMoz presents professional and in-depth study of "Big Data in the Financial Services Industry: 2018 - 2030 - Opportunities, Challenges, Strategies & Forecasts".

“Big Data” originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.

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Amid the proliferation of real-time and historical data from sources such as connected devices, web, social media, sensors, log files and transactional applications, Big Data is rapidly gaining traction from a diverse range of vertical sectors. The financial services industry is no exception to this trend, where Big Data has found a host of applications ranging from targeted marketing and credit scoring to usage-based insurance, data-driven trading, fraud detection and beyond.

SNS Telecom & IT estimates that Big Data investments in the financial services industry will account for nearly $9 Billion in 2018 alone. Led by a plethora of business opportunities for banks, insurers, credit card and payment processing specialists, asset and wealth management firms, lenders and other stakeholders, these investments are further expected to grow at a CAGR of approximately 17% over the next three years.

The “Big Data in the Financial Services Industry: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of Big Data in the financial services industry including key market drivers, challenges, investment potential, application areas, use cases, future roadmap, value chain, case studies, vendor profiles and strategies. The report also presents market size forecasts for Big Data hardware, software and professional services investments from 2018 through to 2030. The forecasts are segmented for 8 horizontal sub markets, 6 application areas, 11 use cases, 6 regions and 35 countries.

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Topics Covered

The report covers the following topics:

    Big Data ecosystem
    Market drivers and barriers
    Enabling technologies, standardization and regulatory initiatives
    Big Data analytics and implementation models
    Business case, application areas and use cases in the financial services industry
    30 case studies of Big Data investments by banks, insurers, credit card and payment processing specialists, asset and wealth management firms, lenders, and other stakeholders in the financial services industry
    Future roadmap and value chain
    Profiles and strategies of over 270 leading and emerging Big Data ecosystem players
    Strategic recommendations for Big Data vendors and financial services industry stakeholders
    Market analysis and forecasts from 2018 till 2030

View Complete TOC with tables & Figures @ https://www.researchmoz.us/big-data-in-the-financial-services-industry-2018-2030-opportunities-challenges-strategies-forecasts-report.html/toc

Forecast Segmentation

Market forecasts are provided for each of the following submarkets and their subcategories:

Hardware, Software & Professional Services

    Hardware
    Software
    Professional Services

Horizontal Sub markets

    Storage & Compute Infrastructure
    Networking Infrastructure
    Hadoop & Infrastructure Software
    SQL
    NoSQL
    Analytic Platforms & Applications
    Cloud Platforms
    Professional Services

Application Areas

    Personal & Business Banking
    Investment Banking & Capital Markets
    Insurance Services
    Credit Cards & Payment Processing
    Lending & Financing
    Asset & Wealth Management

Use Cases

    Personalized & Targeted Marketing
    Customer Service & Experience
    Product Innovation & Development
    Risk Modeling, Management & Reporting
    Fraud Detection & Prevention
    Robotic & Intelligent Process Automation
    Usage & Analytics-Based Insurance
    Credit Scoring & Control
    Data-Driven Trading & Investment
    Third Party Data Monetization
    Other Use Cases

Regional Markets

    Asia Pacific
    Eastern Europe
    Latin & Central America
    Middle East & Africa
    North America
    Western Europe

Country Markets

Argentina, Australia, Brazil, Canada, China, Czech Republic, Denmark, Finland, France, Germany,  India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, Norway, Pakistan, Philippines, Poland, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, UAE, UK,  USA

Key Questions Answered

The report provides answers to the following key questions:

    How big is the Big Data opportunity in the financial services industry?
    How is the market evolving by segment and region?
    What will the market size be in 2021, and at what rate will it grow?
    What trends, challenges and barriers are influencing its growth?
    Who are the key Big Data software, hardware and services vendors, and what are their strategies?
    How much are banks, insurers, credit card and payment processing specialists, asset and wealth management firms, lenders and other stakeholders investing in Big Data?
    What opportunities exist for Big Data analytics in the financial services industry?
    Which countries, application areas and use cases will see the highest percentage of Big Data investments in the financial services industry?

Key Findings

The report has the following key findings:

    In 2018, Big Data vendors will pocket nearly $9 Billion from hardware, software and professional services revenues in the financial services industry. These investments are further expected to grow at a CAGR of approximately 17% over the next three years, eventually accounting for over $14 Billion by the end of 2021.
    Banks and other traditional financial services institutes are warming to the idea of embracing cloud-based platforms, particularly hybrid-cloud implementations, in a bid to alleviate the technical and scalability challenges associated with on-premise Big Data environments.
    Big Data technologies are playing a pivotal role in facilitating the creation and success of innovative FinTech (Financial Technology) startups, most notably in the online lending, alterative insurance and money transfer sectors.
    In addition to utilizing traditional information sources, financial services institutes are increasingly becoming reliant on alternative sources of data – ranging from social media to satellite imagery – that can provide previously hidden insights for multiple application areas including data-driven trading and investments, and credit scoring.

List of Companies Mentioned

    1010data
    Absolutdata
    Acadian Asset Management
    Accenture
    Actian Corporation
    Adaptive Insights
    Adobe Systems
    Advizor Solutions
    AeroSpike
    AFS Technologies
    Alation
    Algorithmia
    Alluxio
    Alphabet
    ALTEN
    Alteryx
    AMD (Advanced Micro Devices)
    American Express
    Anaconda
    Apixio
    AQR Capital Management
    Arcadia Data
    Arimo
    ARM
    ASF (Apache Software Foundation)
    AtScale
    Attivio
    Attunity
    Automated Insights
    Avant
    AVORA
    AWS (Amazon Web Services)
    AXA
    Axiomatics
    Ayasdi
    BackOffice Associates
    Basho Technologies
    BCG (Boston Consulting Group)
    Bedrock Data
    BetterWorks
    Big Panda
    BigML
    Birst
    Bitam
    BlackRock
    Bloomberg
    Blue Medora
    BlueData Software
    BlueTalon
    BMC Software
    BOARD International
    Booz Allen Hamilton
    Boxever
    CACI International
    Cambridge Semantics
    Capgemini
    Capital One
    Cazena
    CBA/CommBank (Commonwealth Bank of Australia)
    Centrifuge Systems
    CenturyLink
    Chartio
    Cigna
    Cisco Systems
    Civis Analytics
    ClearStory Data
    Cloudability
    Cloudera
    Cloudian
    Clustrix
    CognitiveScale
    Collibra
    Concurrent Technology
    Confluent
    Contexti
    Couchbase
    Crate.io
    Cray
    Credit Suisse
    CSA (Cloud Security Alliance)
    CSCC (Cloud Standards Customer Council)
    Databricks
    Dataiku
    Datalytyx
    Datameer
    DataRobot
    DataStax
    Datawatch Corporation
    Datos IO
    DDN (DataDirect Networks)
    Decisyon
    Dell Technologies
    Deloitte
    Demandbase
    Denodo Technologies
    Deutsche Bank
    Dianomic Systems
    Digital Reasoning Systems
    Dimensional Insight
    DMG  (Data Mining Group)
    Dolphin Enterprise Solutions Corporation
    Domino Data Lab
    Domo
    Dremio
    DriveScale
    Druva
    Dun and Bradstreet
    Dundas Data Visualization
    DXC Technology
    Eagle Alpha
    Elastic
    Engineering Group (Engineering Ingegneria Informatica)
    EnterpriseDB Corporation
    eQ Technologic
    Equifax
    Ericsson
    Erwin
    EV? (Big Cloud Analytics)
    EXASOL
    EXL (ExlService Holdings)
    Facebook
    Factset
    FICO (Fair Isaac Corporation)
    Figure Eight
    FogHorn Systems
    Fractal Analytics
    Franz
    Fujitsu
    Fuzzy Logix
    Gainsight
    GE (General Electric)
    Glassbeam
    GoodData Corporation
    Google
    Grakn Labs
    Greenwave Systems
    GridGain Systems
    Guavus
    GuidePoint
    H2O.ai
    Hanse Orga Group
    HarperDB
    HCL Technologies
    Hedvig
    Hitachi Vantara
    Hortonworks
    HPE (Hewlett Packard Enterprise)
    HSBC Group
    Huawei
    HVR
    HyperScience
    HyTrust
    IBM Corporation
    iDashboards
    IDERA
    IEC (International Electrotechnical Commission)
    IEEE (Institute of Electrical and Electronics Engineers)
    Ignite Technologies
    Imanis Data
    Impetus Technologies
    INCITS (InterNational Committee for Information Technology Standards)
    Incorta
    InetSoft Technology Corporation
    InfluxData
    Infogix
    Infor
    Informatica
    Information Builders
    Infosys
    Infoworks
    Insightsoftware.com
    InsightSquared
    Intel Corporation
    Interana
    InterSystems Corporation
    ISO (International Organization for Standardization)
    ITU (International Telecommunication Union)
    Jedox
    Jethro
    Jinfonet Software
    JNB (Japan Net Bank)
    JPMorgan Chase & Co.
    Juniper Networks
    Kabbage
    KALEAO
    Keen IO
    Keyrus
    Kinetica
    KNIME
    Kognitio
    Kyvos Insights
    LeanXcale
    LenddoEFL
    Lexalytics
    Lexmark International
    Lightbend
    Linux Foundation
    Logi Analytics
    Logical Clocks
    Longview Solutions
    Looker Data Sciences
    LucidWorks
    Luminoso Technologies
    Maana
    Man Group
    Manthan Software Services
    MapD Technologies
    MapR Technologies
    MariaDB Corporation
    MarkLogic Corporation
    Mastercard
    Mathworks
    Melissa
    MemSQL
    Metric Insights
    Microsoft Corporation
    MicroStrategy
    Minitab
    MongoDB
    Mu Sigma
    NEC Corporation
    Neo4j
    NetApp
    Nimbix
    Nokia
    NTT Data Corporation
    Numerify
    NuoDB
    NVIDIA Corporation
    OASIS (Organization for the Advancement of Structured Information Standards)
    Objectivity
    Oblong Industries
    ODaF (Open Data Foundation)
    ODCA (Open Data Center Alliance)
    OGC (Open Geospatial Consortium)
    OpenText Corporation
    Opera Solutions
    Optimal Plus
    Oracle Corporation
    OTP Bank
    Palantir Technologies
    Panasonic Corporation
    Panorama Software
    Paxata
    Pepperdata
    Phocas Software
    Pivotal Software
    Prognoz
    Progress Software Corporation
    Progressive Corporation
    Provalis Research
    Pure Storage
    PwC (PricewaterhouseCoopers International)
    Pyramid Analytics
    Qlik
    qplum
    Qrama/Tengu
    Quandl
    Quantum Corporation
    Qubole
    Rackspace
    Radius Intelligence
    RapidMiner
    RavenPack
    Recorded Future
    Red Hat
    Redis Labs
    RedPoint Global
    Reltio
    RStudio
    Rubrik
    Ryft
    S&P's (Standard & Poor's)
    Sailthru
    Salesforce.com
    Salient Management Company
    Samsung Fire & Marine Insurance
    Samsung Group
    SAP
    SAS Institute
    ScaleOut Software
    Seagate Technology
    Shinhan Card
    Sinequa
    SiSense
    Sizmek
    SnapLogic
    Snowflake Computing
    Software AG
    Splice Machine
    Splunk
    Strategy Companion Corporation
    Stratio
    Streamlio
    StreamSets
    Striim
    Sumo Logic
    Supermicro (Super Micro Computer)
    Syncsort
    SynerScope
    SYNTASA
    Tableau Software
    Talend
    Tamr
    TARGIT
    TCS (Tata Consultancy Services)
    Teradata Corporation
    Thales
    Thomson Reuters
    ThoughtSpot
    TIBCO Software
    Tidemark
    TM Forum
    Toshiba Corporation

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    TPC (Transaction Processing Performance Council)
    TransferWise
    Transwarp
    Trifacta
    Two Sigma Investments
    U.S. NIST (National Institute of Standards and Technology)
    Unifi Software
    UnitedHealth Group
    Unravel Data
    Upstart
    VANTIQ
    Vecima Networks
    Visa
    VMware
    VoltDB
    W3C (World Wide Web Consortium)
    WANdisco
    Waterline Data
    Western Digital Corporation
    Western Union
    WhereScape
    WiPro
    Wolfram Research
    Workday
    Xplenty
    Yellowfin BI
    Yseop
    Zendesk
    Zoomdata
    Zucchetti
    Zurich Insurance Group

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