|By PR Newswire||
|January 6, 2014 11:17 AM EST||
NEW YORK, Jan. 6, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
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.
Big Data companies
Telecom service providers
Financial services companies
Data services and analytics companies
Cloud and telecom infrastructure providers
Companies in Report:
BOOZ ALLEN HAMILTON
EXECUTIVE SUMMARY 6
BIG DATA MARKET TRENDS 9
1.1 THE GLOBAL BIG DATA MARKET 9
1.2 THE BIG DATA: AT A GLANCE 10
1.3 THE UNSTRUCTURED DATA MARKET 10
1.4 ADVENT OF 3RD PLATFORM TECHNOLOGY 11
1.5 DIGITIZATION OF FINANCIAL PRODUCTS AND SERVICES 12
1.6 DATA PROCESS MAGNITUDE 13
1.7 TOWARDS THE ZETTABYTES MARKET 13
1.8 DATA ANALYTICS AS THE BATTLEGROUND FOR COMPETITION 14
BIG DATA IN FINANCE: THE CHALLENGES 16
1.9 FINANCIAL BIG DATA MANAGEMENT: REFERENCE DATA 16
1.10 BIG DATA, CHANGING BUSINESS FINANCIAL MODELS 18
1.11 BIG DATA IN FINANCE: ITS FUNCTIONAL LEVELS 20
1.12 TECHNOLOGY ADVANCEMENT VIS-À-VIS EXPANDING CONSUMER EXPECTATION 22
1.13 BEHAVIORAL AND TENDENCY DATA THRU PREDICTIVE ANALYTICS 22
1.14 CUSTOMER FEEDBACK THRU SENTIMENT ANALYSIS 23
1.15 MASS CUSTOMIZATION DATA REMODELING 23
1.16 BIG DATA FOR BIG REVENUE 24
1.17 BIG DATA FOR PREDICTIVE FINANCIAL CRIMES 24
BIG DATA IN FINANCE: AN ANALYSIS 27
1.18 UNDERSTANDING THE RELEVANCE OF BIG DATA IN THE FINANCIAL SERVICE MARKET 27
1.19 DIFFERENTIATING BIG DATA ANALYTICS FROM FINANCIAL ECONOMETRICS 28
1.20 COULD FINANCIAL BIG DATA ANALYTICS PREVENT ECONOMIC RECESSION? 29
1.21 TRANSFORMING BIG DATA ANALYTICS FOR FINANCIAL GAINS 30
1.22 CUSTOMER-FOCUSED BIG DATA FINANCIAL INITIATIVES: BANKING SECTOR EXPERIENCE 31
1.23 BIG DATA FOR EFFECTIVE FINANCIAL CONSOLIDATION: THE JABIL SUCCESS STORY 31
1.24 BUSINESS INTELLIGENCE AVERTING FINANCIAL SERVICE PROBLEM: THE KLOUT'S EXPERIENCE 32
1.25 BIG DATA AND ANALYTICS IN FINANCIAL SERVICES: THE CASE OF BECKER UNDERWOOD 33
1.26 BIG DATA SECURITY/PRIVACY ISSUES IN FINANCIAL SERVICES: THE GOOGLE LAWSUIT 33
BIG DATA IN FINANCE: THE COMPETITIVE MARKET LANDSCAPES 36
4.1 BIG DATA FINANCIAL MANAGEMENT SOLUTIONS 40
4.1.1 IBM 40
4.1.2 HP 41
4.1.3 TERADATA 42
4.1.4 DELL 45
4.1.5 ORACLE 47
4.1.6 SAP 48
4.1.7 EMC 49
4.1.8 CISCO SYSTEMS 50
4.1.9 MICROSOFT 52
4.1.10 FUSION-IO 53
4.1.11 SPLUNK 54
4.1.12 NETAPP 56
4.1.13 HITACHI 57
4.1.14 OPERA SOLUTIONS 58
4.1.15 CSC 59
4.1.16 MU SIGMA 60
4.1.17 BOOZ ALLEN HAMILTON 62
4.1.18 AMAZON 63
4.1.19 INTEL 64
4.1.20 CAPGEMINI 65
4.1.21 MARKLOGIC 66
4.1.22 CLOUDERA 67
4.1.23 ACTIAN 69
4.1.24 SGI 70
4.1.25 GOODDATA 71
4.1.26 1010DATA 72
4.1.27 10GEN 73
4.1.28 GOOGLE 74
4.1.29 ALTERYX 75
4.1.30 GUAVUS 76
4.1.31 VMWARE 77
4.1.32 PARACCEL 78
4.1.33 TIBCO SOFTWARE 79
4.1.34 INFORMATICA 80
4.1.35 ATTIVIO 81
4.1.36 QLIKTECH 82
BIG DATA IN FINANCE: PROSPECTS AND OPPORTUNITIES 84
4.2 THE FUTURE OF BIG DATA IN FINANCIAL SERVICES 84
4.3 MULTICHANNEL MARKETING IN BIG DATA 85
4.4 EMERGING MARKETS IN BIG DATA IN FINANCE 86
4.4.1 BRAZIL 86
4.4.2 CHINA 87
4.4.3 INDIA 88
4.4.4 EUROPE 90
4.4.5 NORTH AMERICA 91
List of Figures
Figure 1 Big Data Market Forecast 2013-2018 9
Figure 2 Big Data Paradigm 10
Figure 3 Migration Process of Platform Technology 11
Figure 4 Data Universe Zettabytes Generation 2013-2020 14
Figure 5 Financial Big Data Management Paradigm 17
Figure 6 Big Data Approaches for Financial Services 20
Figure 7 Big Data Functional Levels 21
Figure 8 Big Data for Predictive Financial Crimes 26
Figure 9 Big Data in Finance Market 2013-2018 28
Figure 10 Big Data as Competitive Differentiator for Financial Services 37
Figure 11 Big Data Revenue Share by Vendor Solutions 2013 38
Figure 12 Hadoop and NoSQL Vendor Revenue Share 2011-2013 39
Figure 13 Big Data in Finance Market 2014-2020 85
Figure 14 Big Data Market in Brazil 2013-2018 87
Figure 15 Market for Big Data in China 2013-2018 88
Figure 16 Big Data Market in India 2013-2018 89
Figure 17 Big Data Market in Europe 2013-2018 91
Figure 18 Big Data Market in North American 2013-2018 92
List of Tables
Table 1 IBM Big Data Financial Management Solutions 41
Table 2 HP Big Data Financial Management Solutions 42
Table 3 Teradata Big Data Financial Management Solutions 45
Table 4 Dell Big Data Financial Management Solutions 46
Table 5 Oracle Big Data Financial Management Solutions 48
Table 6 SAP Big Data Financial Management Solutions 49
Table 7 EMC Big Data Financial Management Solutions 50
Table 8 Cisco Big Data Financial Management Solutions 51
Table 9 Microsoft Big Data Financial Management Solutions 53
Table 10 Fusion-IO Big Data Financial Management Solutions 54
Table 11 Splunk Big Data Financial Management Solutions 55
Table 12 NetApp Big Data Financial Management Solutions 56
Table 13 Hitachi Big Data Financial Management Solutions 58
Table 14 Opera Solutions Big Data Financial Management Solutions 59
Table 15 CSC Big Data Financial Management Solutions 59
Table 16 Mu Sigma Big Data Platforms 60
Table 17 MuSigma Big Data Financial Management Solutions 62
Table 18 Booz Allen Hamilton Big Data Financial Management Solutions 62
Table 19 Amazon Big Data Financial Management Solutions 64
Table 20 Intel Big Data Financial Management Solutions 65
Table 21 Capgemini Big Data Financial Management Solutions 66
Table 22 MarkLogic Big Data Financial Management Solutions 67
Table 23 Cloudera Big Data Financial Management Solutions 68
Table 24 Actian Big Data Financial Management Solutions 70
Table 25 SGI Big Data Financial Management Solutions 71
Table 26 GoodData Big Data Financial Management Solutions 72
Table 27 1010data Big Data Financial Management Solutions 73
Table 28 10gen Big Data Financial Management Solutions 74
Table 29 Google Big Data Financial Management Solutions 74
Table 30 Alteryx Big Data Financial Management Solutions 75
Table 31 Guavus Big Data Financial Management Solutions 77
Table 32 VMware Big Data Financial Management Solutions 78
Table 33 ParAccel Data Financial Management Solutions 78
Table 34 Tibco Software Big Data Financial Management Solutions 79
Table 35 Informatica Big Data Financial Management Solutions 81
Table 36 Attiivio Big Data Financial Management Solutions 82
Table 37 Qlick Tech Big Data Financial Management Solutions 83
To order this report: Big Data in Financial Services Industry: Market Trends, Challenges, and Prospects 2013 - 2018
Contact Clare: [email protected]
Intl: +1 339-368-6001
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
Feb. 21, 2017 04:00 PM EST Reads: 6,825
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Feb. 21, 2017 03:54 PM EST
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
Feb. 21, 2017 03:30 PM EST Reads: 1,199
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Feb. 21, 2017 03:15 PM EST Reads: 4,458
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Feb. 21, 2017 03:15 PM EST Reads: 733
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 21, 2017 03:00 PM EST Reads: 5,937
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, will discuss how to use Kubernetes to setup a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace....
Feb. 21, 2017 02:45 PM EST Reads: 2,456
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Feb. 21, 2017 02:30 PM EST Reads: 1,308
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 21, 2017 02:15 PM EST Reads: 456
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Feb. 21, 2017 01:45 PM EST Reads: 477
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
Feb. 21, 2017 01:45 PM EST Reads: 3,562
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
Feb. 21, 2017 01:30 PM EST Reads: 1,085
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Feb. 21, 2017 01:30 PM EST Reads: 759
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Feb. 21, 2017 01:15 PM EST Reads: 1,407
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 21, 2017 01:15 PM EST Reads: 1,215