Thursday, 9 October 2014

New Report – Global Risk IT and Services Market in the BFSI Sector Market 2014-2018

Considering the economic challenges prevailing worldwide, it has become mandatory to implement risk IT and service solutions in business operations. Risk IT and service solutions help in mitigating various risks involved in the BFSI sector such as credit risks, operational risks, market risks, and ALM and liquidity risks. In addition, the pure IT risks involved in the BFSI sector are of three types, data driven, business driven, and event-driven which have their own impacts on business operations. Risk IT and services solutions drive the productivity of the business with optimal costs.

Analysts forecast the Global Risk IT and Services Market in BFSI Sector to grow at a CAGR of 6.33 percent over the period 2013-2018.

The report recognizes the following companies as the key players in the Global Risk IT and Services Market in BFSI Sector: Deloitte Touche Tohmatsu Ltd., Ernst and Young Global Ltd. (EY), KPMG LLP, PwC and RUBINBROWN LLP.

Other Prominent Vendors in the market are: Agiliance, Genpact, Linedata, Paladion, Reboot Twice and SUNGARD.

The adoption of social media is one of the key trends emerging in the market. Social media is turning out to be a major platform from which to gather data but along with this, regulatory compliances are also increasing. Hence, companies are looking for solutions that can help them meet compliance issues at the optimal price.


Covered in this Report
The Global Risk IT and Services market in BFSI Sector expenditure is predominantly categorized into different risks involved in the BFSI sector such as Credit risks, Operational risks, Market risks, ALM and Liquidity risks, Financial crime risks management, Risk governance and management. The report also covers the segmentation based on pure

IT-based risks: Data driven, Business driven, and Event driven.

Global Risk IT and Services Market in BFSI Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers in detail the key leading vendors in the market and a quick understanding of other prominent vendors operating in this market. It also gives insight into the market forecast in key regions and identifies leading countries for the market.

According to the report, the increasing number of rules and regulations and the ever-tightening global business regulatory environment are forcing enterprises to turn to technology-based solutions to reduce risks and improve the way they operate. The tightening regulatory environment has resulted in the increased demand for risk IT and services market.

Further, the report states that security concerns are a major challenge for BFSI companies. Financial data is crucial for each and every company. The adoption of various technologies such as social media and cloud technology are making these companies vulnerable to cyber-attacks.

Single User License of the Report is Available at USD 2500, Buy the Report @ http://www.sandlerresearch.org/purchase?rname=25196 .