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.
Report Highlights
Business intelligence functionality has its roots in early decision support
systems and is responsible for turning transactional data into actionable
information.
Banks must now capitalize on the capabilities of business intelligence
software, particularly in areas such as customer intelligence, performance
management, financial analysis, fraud detection, risk management, and
compliance.
Banks and technology vendors need to bring many moving pieces together. This
includes the right sourcing strategy, software applications, technology tools,
business processes, collected data, company metrics, incentives, corporate
culture and project management skills.
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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