In 2015, organisations in the business finance solutions space are likely to spend significantly on business intelligence and analytics. This data goldmine can help organisations unlock hidden opportunities and insights, writes Gaurav Johri.
In today’s real time capital market scenario, analytics play an important role in enabling better-quality, high-speed trading decisions and outcomes. Data analytics and risk management will be a fundamental change agent, driving competitive advantage by realigning business models for firms. Risk management will be the key in reducing operational, credit or market losses. We expect analytics to be deployed for identifying opportunities and risks in the client portfolio, as well as identifying potentially attractive clients.