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Research and Markets: Global Risk Analytics Market 2015-2019 with IBM Corp., Mu Sigma Inc., Oracle Corp. & SAP AG DominatingResearch and Markets (http://www.researchandmarkets.com/research/s45dfk/global_risk) has announced the addition of the "Global Risk Analytics Market 2015-2019" report to their offering. The analysts forecast the Global Risk Analytics Market to grow at a CAGR of 13.95% over the period 2014-2019. The risk analytics process includes the risk identification, priority segmentation, and use of internal and external data to measure the risk, information collection, and take the appropriate measures to minimise risk. Also by analysing historical risk patterns, future risks can be predicted and necessary actions and business decisions can be taken. Organizations develop risk models to optimize and mitigate risk which can negatively affect organization's product or services. Increased adoption of risk analytics by the BFSI sector is one of the major trends being witnessed in this market. By using and adopting risk analytics solutions, banks can have a complete view of all accounts to better access any risks associated with the accont holder's portfolio. According to the report, increases in return on investment with the adoption of risk analytics solutions are one of the major drivers of the market. Sectors such as Manufacturing and Healthcare have started adopting risk analytics because of regulatory requirements and to maximize their ROI with minimum risk options. The BFSI sector is the major user of risk analytics as it helps reduce the risks of decision making and gives significant returns. Further, the report states that complexity in data integration is one of the major challenges confronting the market. A risk analytics solution collects the data from various databases and integrates them with risk analytics applications to predict the future risk for the organization and also helps in improved and timely decision making. This integration process may lead to critical data leakage, which can adversely affect the organization. Key Vendors Other Prominent Vendors
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