SYS-CON MEDIA Authors: Doug Masi, Mat Mathews, PR.com Newswire, David Smith, Tim Crawford

News Feed Item

Research and Markets: Financial Analytics Market - Worldwide Market Forecasts (2013 - 2018)

Research and Markets (http://www.researchandmarkets.com/research/nvc3cs/financial) has announced the addition of the "Financial Analytics Market by Types, Applications Assets & Liability, Budgetary Control, General Ledger, Payables, Receivables, Profitability, GRC - Worldwide Market Forecasts (2013 - 2018)" report to their offering.

The finance and accounting function is transforming its role from data collection and reporting to a more value-adding role of analysis with the implementation of Business Intelligence (BI) and business analytics tools to support strategic decision. The market trends are demonstrating the changing view from enterprise profitability to customer profitability by using activity-based costing. The finance function also helps in the development of strategy maps to monitor financial as well as non-financial performance indicators. In addition to this, it moves from cost center budgeting control to financial forecasts with the implementation of predictive analytics in regular finance function.

The financial analytics market is growing rapidly because of enhanced technologies in BI and business analytics and increased focus on data transparency. The Banking, Financial Services and Insurance (BFSI) sector is using financial analytics to improve regular financial functions such as asset and liability, budgetary control, general ledger, payable, receivable, profitability, governance, risk, and compliance management. Financial analytics other than the BFSI sector has a wide portfolio in consumer goods and retail, healthcare and life science, government, manufacturing, transportation and logistics, travel and hospitality, telecommunication and Information Technology (IT), media and entertainment, public sector, energy and utilities verticals.

It is forecast that the global market will grow from $3.62 billion in 2013 to $6.65 billion in 2018 at a Compound Annual Growth Rate (CAGR) of 12.9% from 2013 to 2018.

Key Topics Covered

1 Introduction

2 Executive Summary

3 Market Overview

4 Financial Analytics: Market Size And Forecast By Type

5 Financial Analytics: Market Size And Forecast By Application

6 Financial Analytics: Market Size And Forecast By Deployment Type

7 Financial Analytics: Market Size And Forecast By Organization Size

8 Financial Analytics: Market Size And Forecast By Verticals

9 Financial Analytics: Market Size And Forecast By Region

10 Financial Analytics: Market Landscape

11 Company Profiles

Companies Mentioned

- Angoss Software

- Bridgei2I

- Deloitte

- Fico

- Hitachi Consulting

- Ibm

- Information Builders

- Jaspersoft

- Kognitio

- Lpa System

- Microsoft

- Microstrategy

- Oracle

- Rosslyn Analytics

- Sap

- Sas

- Symphony Teleca

- Tableau Software

- Teradata Corp

- Tibco

For more information visit http://www.researchandmarkets.com/research/nvc3cs/financial

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.