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.