- Language: English
- 381 Pages
- Published: October 2012
- Region: Global
Global Operational Risk Management Market 2010-2014
- Published: February 2012
- Region: Global
- 29 pages
- Infiniti Research Limited
TechNavio’s analysts forecast the Global Operational Risk Management market to reach US$1.9 billion by 2014. One of the key factors contributing to this market growth is the rising demand from the emerging markets in the APAC, Middle-East, and Eastern Europe regions. The Global Operational Risk Management market has also been witnessing a shift in the perception of compliance with more firms seeing risk management as an opportunity to strengthen control strategies and achieve better transparency. However, complying with the complex regulatory requirements poses the biggest challenge in implementing operational risk solutions.
TechNavio’s report, the Global Operational Risk Management Market 2010–2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Operational Risk Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include SAS, Algorithmics, IBM OpenPages, and Chase Cooper.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Operational Risk Management Adding Value to Organizational Performance Management
TechNavio today published its report Global Operational Risk Management (ORM) Market 2010–2014. The report discusses the significant trends impacting this market.
TechNavio’s report highlights that the rising demand for ORM solutions in specific segments such as Insurance, Asset/Fund Management, and Broker/Dealers has fuelled the growth of the Global ORM market. The risk management expenditure in these segments is driven by an increased focus on the benefits of compliance and the convergence of ORM. This expenditure is expected to increase further as the focus shifts from regulatory compliance to value-adding performance management.
Commenting on the report, an analyst from TechNavio’s Enterprise Applications team said, “The forthcoming year will see a shift in the perception of compliance, with an increasing number of firms no longer seeing risk management as a burden, but an opportunity to reinforce control strategies and achieve better transparency. Through the adoption of ORM, financial institutions can exercise better control over their operations in a timely manner, thus attaining a greater chance of preventing losses.”
Key findings from the report:
- Increased Demand for Accountability and Transparency
- Inconsistent Techniques for Advanced Measurement Approach
- High Growth Expected in EMEA and APAC
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
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01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Market Trends
11. Key Vendor Analysis
11.1 SAS Institute
11.2 Algorithmics Inc.
11.3 IBM OpenPages Inc.
11.4 Chase Cooper Ltd.
12. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Operational Risk Management Market 2010–2014 (US$ billion)
Exhibit 2: Global ORM Market by Geographical Segmentation 2010
- SAS Institute
- Algorithmics Inc.
- IBM OpenPages Inc.
- Chase Cooper Ltd.