Click here to close now.

SYS-CON MEDIA Authors: Carmen Gonzalez, AppDynamics Blog, Roger Strukhoff, Cloud Best Practices Network, Kevin Jackson

News Feed Item

Big Data in Financial Services Industry: Market Trends, Challenges, and Prospects 2013 - 2018

NEW YORK, Jan. 6, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Big Data in Financial Services Industry: Market Trends, Challenges, and Prospects 2013 - 2018

http://www.reportlinker.com/p01937235/Big-Data-in-Financial-Services-Industry-Market-Trends-Challenges-and-Prospects-2013---2018.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Financial_Services

Overview:

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.

Target Audience:

Big Data companies
Telecom service providers
Financial services companies
Data services and analytics companies
Cloud and telecom infrastructure providers

Companies in Report:

1010DATA
10GEN 65
ACTIAN
ALTERYX
AMAZON
ATTIVIO
BMC
BOOZ ALLEN HAMILTON
CAPGEMINI
CISCO SYSTEMS
CLOUDERA
CSC
DELL
EMC
FUSION-IO
GOODDATA
GOOGLE
GUAVUS
HITACHI
HP
IBM
INFORMATICA
INTEL
MARKLOGIC
MICROSOFT
MU SIGMA
NETAPP
OPERA SOLUTIONS
ORACLE
PARACCEL
QLIKTECH
SAP
SGI
SPLUNK
TERADATA
TIBCO SOFTWARE
VMWARE
EXECUTIVE SUMMARY 6
INTRODUCTION 7
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
CONCLUSIONS 93

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
http://www.reportlinker.com/p01937235/Big-Data-in-Financial-Services-Industry-Market-Trends-Challenges-and-Prospects-2013---2018.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Financial_Services

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
WebRTC is an up-and-coming standard that enables real-time voice and video to be directly embedded into browsers making the browser a primary user interface for communications and collaboration. WebRTC runs in a number of browsers today and is currently supported in over a billion installed browsers globally, across a range of platform OS and devices. Today, organizations that choose to deploy WebRTC applications and use a host machine that supports audio through USB or Bluetooth can use Plantro...
SYS-CON Events announced today that Ciqada will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Ciqada™ makes it easy to connect your products to the Internet. By integrating key components - hardware, servers, dashboards, and mobile apps - into an easy-to-use, configurable system, your products can quickly and securely join the internet of things. With remote monitoring, control, and alert messaging capability, you will mee...
The best mobile applications are augmented by dedicated servers, the Internet and Cloud services. Mobile developers should focus on one thing: writing the next socially disruptive viral app. Thanks to the cloud, they can focus on the overall solution, not the underlying plumbing. From iOS to Android and Windows, developers can leverage cloud services to create a common cross-platform backend to persist user settings, app data, broadcast notifications, run jobs, etc. This session provide...
SYS-CON Events announced today that Column Technologies, a global technology solutions company, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a leader in application performance and infrastructure management for commercial and federal markets. The company is headquartered in the United States, with a diverse and talented team of more than 350 employees around th...
There are lots of challenges in IoT around secure, scalable and business friendly infrastructure for enterprises. For large corporations, IoT implementations are one of the top priorities of the decade. All industries are seeing a competitive need to sustain by investing in IoT initiatives. The value addition comes from improved customer service, innovative product and additional revenue streams. The data from these IP-connected devices can be leveraged for a variety of business applica...
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable o...
Chuck Piluso will present a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Speaker Bio: Prior to Data Storage Corporation (DSC), Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of ...
Public Cloud IaaS started it's life in the developer and startup communities and has grown rapidly to a $20B+ industry, but it still pales in comparison to how much is spent worldwide on IT: $3.6 trillion. In fact, there are 8.6 million data centers worldwide, the reality is many small and medium sized business have server closets and colocation footprints filled with servers and storage gear. While on-premise environment virtualization may have peaked at 75%, the Public Cloud has lagged in ado...
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) ap...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
As enterprises move to all-IP networks and cloud-based applications, communications service providers (CSPs) – facing increased competition from over-the-top providers delivering content via the Internet and independently of CSPs – must be able to offer seamless cloud-based communication and collaboration solutions that can scale for small, midsize, and large enterprises, as well as public sector organizations, in order to keep and grow market share. The latest version of Oracle Communications U...
ProfitBricks, the provider of painless cloud infrastructure IaaS, today released its SDK for Ruby, written against the company's new RESTful API. The new SDK joins ProfitBricks' previously announced support for the popular multi-cloud open-source Fog project. This new Ruby SDK, which exposes advanced functionality to take advantage of ProfitBricks' simplicity and productivity, aligns with ProfitBricks' mission to provide a painless way to automate infrastructure in the cloud. Ruby is a genera...
Onset Technology, the creator of the OnPage App, is one of the local companies recognized as having enhanced the positive image of its organization through service to their customers and its community, while at the same time making the Waltham area a great place to live, work and play. Judit Sharon, Onset Technology CEO commented: "We are thankful for the recognition and very proud of our dedicated team and industry leading SaaS products. Knowing that Waltham is a globally recognized and high...
Database apps on mobile devices shouldn't stop working when there's limited or no network connectivity. In his session at 16th Cloud Expo, Bradley Holt, a Developer Advocate for IBM Cloudant, will discuss how to bring data stored in a cloud database to the edge of the network (and back again), whenever an Internet connection is available. He will demonstrate techniques for replicating cloud databases with mobile devices in order to build offline-enabled mobile apps that can provide a better,...