This IDC Financial Insights report takes a look at the challenges and opportunities of using BDA to improve anti-money laundering (AML) transaction monitoring. Regulators are keeping the pressure on firms to improve (and document) the performance and design of their AML transaction monitoring systems. At the same time, criminals continue to devise new schemes to achieve their objectives while avoiding detection and arrest. Increasing amounts of data and advanced analytics are available to the firm that when combined can help improve the efficacy and efficiency of AML programs. As firms invest in data and analytics, they should be designing data to be reused so that the firms can monetize their AML-compliance investments by reusing the data for revenue and margin enhancement activities such as upselling and cross-selling programs.Bill Fearnley, research director, IDC Financial Insights, reports that "firms face increasing pressure from regulators to improve the anti-money laundering transaction monitoring and keep ahead of new schemes and tactics. Aggregated data and analytics can improve AML monitoring programs, and if designed with data reuse in mind can be reused to improve sales and marketing programs too."
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Financial analytics lets the managers and executives in an organization to have access to more accurate and detailed financial information of the organization.This strengthens the relationship of the employee inside the organization. Financial analytics is a field that gives different views of a company’s financial data. Global financial...
Big Data Analytics in Healthcare Market by Component (Software and Services), Deployment (On-Premise and Cloud), Analytics Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, and Diagnostic Analytics), Application (Clinical Analytics, Financial Analytics, and Operational Analytics), and End User (Hospitals &...
This IDC study presents the latest release of IDC's forecast for the Internet-of-Things market in Western Europe, leveraging the IDC Worldwide Semiannual Internet of Things Spending Guide published in late November 2018. The forecast is broken down by technology, industry, and geography and presents the key drivers and market dynamics in each...
Compliance with EU's FMD is a top priority of pharmaceutical manufacturers and wholesalers in Europe. By February 9, 2019, companies selling pharmaceutical products in most countries of the EEA must have their drug serialization systems up and running in full compliance with the new FMD requirements on drug serialization and traceability....
241 pages •
By Global Industry Analysts
• Jan 2019
This report analyzes the Global Market for Big Data in US$ by the following Sectors and End-Use Industry: Sectors - Software, Hardware, and Services; End-Use Industry Telecommunications, Retail, Manufacturing, Healthcare, Oil & Gas, Finance, and Others. Annual estimates and forecasts are provided for the period 2015...
Global Data Analytics Market, By Type (Predictive, Prescriptive), Solution (Data Management, Data Visualization), Application (ERP, SCM), Industry (BFSI, IT & Telecom, Manufacturing), Deployment (Cloud, On-Premise), Organization Size – Forecast (2017-2023) Market Scenario Data analytics is used for identifying...
This IDC Vendor Profile examines and reviews the products from APTARE, a private enterprise software company. This Vendor Profile reviews how APTARE's products address the pain points in IT resource management, which include optimizing storage, ensuring data protection, enabling chargeback, complying with audits, and resolving performance...
This IDC study describes the IDC MaturityScape for data excellence, a framework for identifying the stages, critical measures, outcomes, and actions required for IT organizations to effectively evolve to the data excellence as a critical enabler of the digital transformation of their enterprise. This study enables business and technology executives...
348 pages •
By Mind Commerce Publishing
• Jan 2019
Overview: Often used synonymously, MEC refers to Mobile Edge Computing or Multi Access Edge Computing with the former being more cellular network centric (LTE and 5G) and the latter terminology adopted by standards groups to generalize edge computing to reflect that it may be also be used by WiFi and other wireless access...
Businesses Tapping the Intelligence Out of Big Data Smart Data is generated by filtering out noise from Big Data generated from various sources such as media, business transactions, Internet of Things (IoT), process ,and data exhausts from online activity.Smart Data reduces the risk of data loss by adding value and increases...
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