DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Financial Services Application Market by Function, Deployment, Services and Geography- Trends and Forecasts till 2020" report to their offering.
Financial Services Applications have come into focus ever since financial Institutions have introduced online solutions and innovations such as person to person payment, online transfers, alerts and other such services. The Applications comes into play when organizations wish to integrate risk, performance and compliance.
Such an application not only helps us monitor risks and manage them according to the changing trends and requirements, but also helps us plan and invest smarter within minimal cost and time. Using the technology, the banking and financial sector can incorporate risks into mainstream decision making, consistently monitor performance, promote a culture that incorporates risk management, delivers business and profitability insights and provides relevant market intelligence. All the above mentioned activities facilitate an accurate assessment of the business and its potential risks.
The drivers of this technology are: the need to automate quantified data, a necessity for better and risk-free decision making and transactions, backing value added services such as insurance, mutual funds, loans, pensions etc., and adapting to the current changing trends to a consumer-centric market; all of which are required for the economic stability of a nation. The need to develop a fool-proof system with the ability to handle dynamic trends, streamline internal processes and introduce a financial services application performance monitoring system can be listed as some of the areas showing opportunity in the sector.
- IBM Corporation
- SAP AG
- Tata Consultancy Services (TCS)
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Market Segmentation
7. Competitive Assessment
8. Market Landscape
For more information about this report visit http://www.researchandmarkets.com/research/6hlfxs/global_financial
Related Topics: Banking and Financial Services