DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8xcfgz/global_financial) has announced the addition of the "Global Financial Analytics Market 2014-2018" report to their offering.
The Global Financial Analytics market to grow at a CAGR of 13 percent over the period 2013-2018
Financial analytics is a set of tools or a system that can be used to increase a company's financial productivity, specifically its profitability. It works through assessing individual or granular aspects of a business opportunity and then combining all relevant information so that an overarching, financially beneficial decision can be made. It allows business executives to proactively seek out ways to change and enhance their business models, allowing them to constantly update the financial environment.
This report covers the quantitative and qualitative aspects of the Global Financial Analytics market during the period 2014-2018. To calculate the market size, the report considers the revenue generated by the vendors in the market. It includes the segmentation of the Global Financial Analytics market based on type, application, and deployment model.
The emergence of innovative business models is the most important trend in the market. B2B and B2C are the two innovative business models that capture huge amounts of data. Therefore, financial analytics plays an important role in extracting meaningful information from data.
According to the report, the automation in financial departments is the major driver of the growth of the market. There is a growing demand to access large amounts of data, and this is possible through automation in financial departments. The data can be formalized and modeled to extract useful information and insights about various business processes of an organization.
Further, the report states that the concern over data security and client confidentiality is a major challenge witnessed in the market, which has resulted in financial services providers often experiencing fluctuating revenue, which has adversely affected their profitability.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Type
- Market Segmentation by Application
- Market Segmentation by Deployment type
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/8xcfgz/global_financial