Today, banks have access to a vast number of data sources that flood their networks with businesses related information. To prevent networks from buckling under the heavy traffic, CIOs are leveraging Big Data and cloud-based analytics solutions to govern, organize, and manage the data flow. These practices help banks organize data and gain valuable insights into the dynamic banking landscape along with improving the business workflow.
Going forward, analytics will play the role of an enabler in the banking sector. CIOs can leverage predictive models combined with business intelligence reports to gain insights into previously unattainable data such as customer attrition rates and bottlenecks in their banking operations. The ability to extract such insights will create new revenue channels and help in meeting client expectations.
To help CIOs and CFOs find the right banking analytics solution provider, a distinguished panel comprising of CEOs, CFOs, VCs, analysts, and the Banking CIO Outlook editorial board has selected top players from the sector. The companies listed here demonstrate an ability to develop innovative technologies and methodologies, while providing outstanding customer service.
We present to you Banking CIO Outlook’s Top 10 Banking Analytics Solution Providers 2016.
