Abstract
Overview
Introduction
Growth of data volumes in disparate sources, ongoing regulatory changes and
growing technology capabilities are driving financial services organizations
to increase investment in business intelligence technologies. Banks must align
intelligent technology with data management techniques in order to improve
their decision-making processes.
Scope
- Covers retail banks in Western Europe, Central and Eastern Europe, North
America, Asia-Pacific and the Middle East
- Examines the market, strategic and technology drivers impacting retail
banks business intelligence technology investments.
- Forecasts global retail banking business intelligence IT spending until
2012.
Highlights
Datamonitor believes that an effective compliance solution requires a
strategic investment in infrastructure that embraces assimilating business
intelligence with advanced analytic tools for risk modeling and other key
technologies, such as business process, change and content management.
BI has come a long way from its origins in the early decision support systems.
It is currently in charge of turning transactional data into actionable
information and delivering reports to an ever-growing number of
information-hungry executives and managers across all lines of business.
The value of information decays over time, therefore the real-time ability is
promoting business intelligence tools from their status as decision support
applications into the domain of decision automation.
Reasons to Purchase
- Gain visibility into the dynamics of the retail banking business
intelligence market
- Gain market insight to assist in your strategic planning and go-to-market
strategy
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