Category: Banking & Financial Services
Banking & Financial Services market research reports by IDC
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Charting New Value for Digital Lending with AI
Charting New Value for Digital Lending with AI This IDC Market Perspective analyzes the impact of AI on digital lending in Asia/Pacific, revealing a transition toward data-centric approaches across the processes and functions in the entire digital lending value chain. A significant emphasis is place ... Read More
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Worldwide Financial Applications Forecast, 2024–2028: Experience Orchestration Transforming Financial Applications
Worldwide Financial Applications Forecast, 2024–2028: Experience Orchestration Transforming Financial Applications This IDC study explores the ways AI is transforming financial departments and entire organizations into experience-orchestrated businesses. This shift is substantially impacting the sha ... Read More
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Post-Quantum Cryptography for Financial Services and Payments Needs to Start Now
Post-Quantum Cryptography for Financial Services and Payments Needs to Start Now This IDC Perspective discusses the need for post-quantum cryptography for financial services and payments. Financial services institutions use both RSA-2048 and AES-256 encryption based on the strengths of each standard ... Read More
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European ERM Applications Vendor Shares, 2023
European ERM Applications Vendor Shares, 2023 This IDC study analyzes and sizes the ERM applications market in Europe from 2021 to 2023 and provides vendor market shares. It segments the ERM applications market by functional market (eight functional markets), deployment model (public cloud services ... Read More
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The What, Where, How, and Why of Financial Data Management in Today's Capital Markets
The What, Where, How, and Why of Financial Data Management in Today's Capital Markets This IDC Perspective explores the financial data management themes of data governance, data quality, and data security in the context of evolving data infrastructure and architecture choices and market dynamics. Te ... Read More
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Increasing Transaction Monitoring Effectiveness
Increasing Transaction Monitoring Effectiveness This IDC Perspective discusses the history of transaction monitoring from the inception of the regulatory requirement for the evaluation of transactions for potential money laundering to the 1970 Bank Secrecy Act (BSA) to the evolution of improvements ... Read More
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Customer Data Platforms Will Boost Loyalty and Lifetime Value for Retail Banking Customers
Customer Data Platforms Will Boost Loyalty and Lifetime Value for Retail Banking Customers This IDC Perspective highlights the importance of customer data platforms (CDPs) in creating seamless customer experiences and leveraging GenAI for personalized advice, as well as the necessity for banks to ad ... Read More
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Strongly Performing Pagero Is Acquired by Thomson Reuters
Strongly Performing Pagero Is Acquired by Thomson Reuters This IDC Market Note details Pagero's acquisition by Thomson Reuters after a competitive bidding war. It assesses the implications for both companies as well as for Pagero's existing partnerships with tax compliance specialists and financial ... Read More
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IDC PlanScape: High-Value FinOps Practices
IDC PlanScape: High-Value FinOps Practices This IDC PlanScape discusses various practices that enterprises can embrace in pursuit of true cloud cost optimization and explains how to categorize practices based on the value they deliver. As you'll learn, some cost-cutting steps may be less obvious to ... Read More
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IDC Perspective: Leveraging Regtech for Enhanced Compliance and Risk Management in Asia/Pacific (Excluding Japan) Banks
IDC Perspective: Leveraging Regtech for Enhanced Compliance and Risk Management in Asia/Pacific (Excluding Japan) Banks This IDC Perspective provides guidance on regulatory technology (regtech) use cases for the banking industry and must be read in conjunction with other IDC research compliance and ... Read More
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IDC PlanScape: T+1 Settlement Technology for the Capital Markets
IDC PlanScape: T+1 Settlement Technology for the Capital Markets This IDC PlanScape discusses T+1 settlement technology for the capital markets."Accelerated settlement is a natural evolution toward more efficient capital markets made possible through applying workflow design and technology to proce ... Read More
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Financial Polices That Need to Be Reviewed During Financial Transformation
Financial Polices That Need to Be Reviewed During Financial Transformation This IDC Perspective discusses the top financial policies to develop and maintain, enhance operational efficiency, mitigate financial risks, and drive sustainable growth for the organization. Many organizations do not review ... Read More
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Corporate Transparency Act Compliance
Corporate Transparency Act Compliance This IDC Perspective discusses the history of efforts to help prevent money-laundering activity that uses legal entities and the potential obscuring of the identities of individuals who are beneficial owners of those legal entities. To date, the results of those ... Read More
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Finance Transformation: Company Financial Policy Will Need to Be Revamped
Finance Transformation: Company Financial Policy Will Need to Be Revamped This IDC Perspective discusses the essential financial policies and why they are important, how often to review/revamp them, and how they relate to finance transformation. This document also discusses current trends or topics ... Read More
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Tax Authorities Are Inspecting Intercompany Transactions, More Specifically Transfer Pricing — Can Technology Alleviate the Problem?
Tax Authorities Are Inspecting Intercompany Transactions, More Specifically Transfer Pricing — Can Technology Alleviate the Problem? This IDC Perspective discusses about tax authorities regarding the implications of transfer pricing. These discussions encompass intercompany transactions, which invol ... Read More
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2024 Top 10 Trends Driving Technology Investments in Financial Services Worldwide
2024 Top 10 Trends Driving Technology Investments in Financial Services Worldwide This IDC Perspective discusses the top 10 trends driving technology investments in the financial services industry in 2024. These trends include the rise of artificial intelligence (AI), machine learning (ML), and gene ... Read More
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IDC PeerScape: Practices for Assisting the Underbanked
IDC PeerScape: Practices for Assisting the Underbanked This IDC PeerScape describes four practices that financial institutions have leveraged today’s technologies to assist the underbanked. “Overall there have been great strides in addressing the unbanked; however, there is still work to be done for ... Read More
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AI-Based Summarization of Unstructured Content for Payers
AI-Based Summarization of Unstructured Content for Payers This IDC Perspective takes a deep dive into content summarization of unstructured data and artificial intelligence (AI) for payers. Using AI to use platforms that can take in, study, and learn from data, refine judgments, and generate intelli ... Read More
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IDC PlanScape: Application and Workload Modernization for Banking
IDC PlanScape: Application and Workload Modernization for Banking This IDC PlanScape examines how leading banks leverage the cloud and deliver quantifiable business value by moving critical applications and workloads to the public cloud.According to Clay Miller, adjunct research advisor with IDC’s ... Read More
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Infosys Finacle Conclave 2023 Key Takeaways
Infosys Finacle Conclave 2023 Key Takeaways This IDC Market Note highlights some of the major topics presented and discussed at the Infosys Finacle Conclave 2023 in Istanbul. The conference theme was Recomposing Banking — Leading the Digital Continuum. This topic stimulated conversations on how bank ... Read More
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ESG for Financial Institutions — Delivering Improved ESG Performance Through Data Services and Platforms
ESG for Financial Institutions — Delivering Improved ESG Performance Through Data Services and Platforms This IDC Market Perspective explores ESG developments impacting the financial sector and the software and data services that address these evolving requirements. This document highlights research ... Read More
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IDC Financial Services Xchange 2023: The Choreography of C's: Control, Choice, Compliance, Connectedness, and Costs
IDC Financial Services Xchange 2023: The Choreography of C's: Control, Choice, Compliance, Connectedness, and Costs This IDC Market Note emphasizes insights from IDC's Financial Services Xchange 20230 conference, underscoring the necessity for a robust exchange among industry peers in the Financial ... Read More
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SEC Anti–Money Laundering Risk Alert
SEC Anti–Money Laundering Risk Alert This IDC Perspective reviews the findings from the Securities and Exchange Commission (SEC) with respect to the anti–money laundering (AML) Risk Alert that was released at the end of July 2023. The issues and findings spelled out in the risk alert highlight sever ... Read More
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Payments in Asia/Pacific 2023: Real-Time, Cross-Border, and Localization Trends Dominate
Payments in Asia/Pacific 2023: Real-Time, Cross-Border, and Localization Trends Dominate The IDC Market Perspective analyzes notable developments in Asia/Pacific in 2023 and beyond. Although the region is diverse in its spread of development and financial services, several key themes, such as real-t ... Read More
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GenAI in Action: GXS Bank Looks to Enhance Productivity, Achieve Cost Savings, and Reduce Coding Efforts through GenAI
GenAI in Action: GXS Bank Looks to Enhance Productivity, Achieve Cost Savings, and Reduce Coding Efforts through GenAI This IDC Perspective examines generative AI (GenAI) technologies' adoption level in GXS Bank, a digital bank. The document's objective is to provide enterprises with practical insig ... Read More