ResearchMoz include new market research report"Big Data in Financial Services Industry 2013-2018: Industry Size, Shares, Growth, Trends And Forecast " to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 12/30/2013 -- 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.
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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.
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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?
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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
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