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Business Strategy: Enhanced Role of Analytics for the Financial Services Institution of Today Price: US $4,500

Author: Li-May Chew

Business Strategy
June, 2010  -  Doc # FIN223523
Number of Pages: 29
Number of Figures: 12

Overview

This IDC Financial Insights report discusses the role of business analytics in the financial services institutions of today. In IDC Financial Insights' annual listings on the key business and technology issues that would be of utmost importance in Asia/Pacific banking and insurance, we enumerated why customer centricity, data management and business intelligence secured top spots within the agenda of financial institutions for 2010. This IDC Financial Insights report is thus a follow-through document on business analytics (BA), focusing on the current state and challenges in business analytics software implementation, evolving BA trends and future deployment plans of institutions, and the corresponding market sizing and forecast till 2013.

The report concludes with a brief profile of the top 5 leading BA vendors in the Asia/Pacific region, guidance on how financial institutions can pragmatically utilize BA to deliver better business decisions, and how vendors can actively address customer's evolving BA requirements.

"The information, gleaned from several recent IDC end-user surveys, provides insight into current BA software adoption trends and spending plans for institutions in Asia/Pacific," comments Li-May Chew, CFA, associate research director for IDC Financial Insights Asia/Pacific Financial Advisory Service.


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  Document Author
Chew, Li-May
Associate Research Director,
Financial Services Advisory, IDC Financial Insights Asia/Pacific