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Which Applications are Driving Demand for Financial Analytics?
Which Applications are Driving Demand for Financial Analytics?
Financial analytics market demand flourished at a 10.6% value CAGR from 2015-2021

To take advantage of revenue prospects, companies might prioritise investments in the stock and corporate bond segments.

The basic analysis of any firm is heavily reliant on financial analytics. Investigating a company's financial statements, overall health, competitive advantages, management, rivals, and markets are all part of its fundamental research.

Businesses can use financial analytics to help them deploy business intelligence and analytical tools to get the precise financial data insights they need to make business decisions.

The Banking, Financial Services, and Insurance (BFSI) industry is active in the market for financial analytics to enhance fundamental financial operations such as asset and liability, general ledger, budgetary control, payable, governance, receivable, profitability, compliance management, and risk.

How would you rate the market for financial analytics in terms of competition?

Some of the leading vendors in the financial analytics industry include SAP A.G., International Business Machines Corporation (IBM), Oracle Corporation, TIBCO Software Inc., and MicroStrategy Inc.

These suppliers provide financial analytics as standalone products or as parts of business intelligence suites.

Deloitte Touche Tohmatsu Limited, Hitachi Consulting Corporation, Information Builders, Fair Isaac Corporation (FICO), Microsoft Corporation, Symphony Teleca Corp., Teradata Corp., Tableau Software Inc., Rosslyn Analytics Ltd., and SAS Institute Inc. are a few of the other businesses in the financial analytics market.

Full report https://www.factmr.com/report/financial-analytics-market

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