Middle East & Africa Liquidity Asset Liability Management Solutions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component and Industry

The liquidity asset liability management solutions market in Middle East & Africa is expected to grow from US$ 57.98 million in 2022 to US$ 83.36 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

The integration of artificial intelligence (AI) technology and analytics in the financial sector permits organizations to profoundly understand the complexities involved in the Middle East & Africa markets, which helps them make more precise investments. AI is being integrated extensively across numerous areas, from cloud computing applications to digital assistants, to automate the process. Integrating AI and analytics with liquidity asset liability management solutions allows companies to analyze all details related to their investments, both past and future; offers real-time analytics and intelligence; and helps reduce the operation cost. Adopting AI and analytics allows wealth managers to understand financial markets better and handle huge amounts of real-time data. With the integration of AI, Big Data analytics, and other advanced technologies, wealth managers provide deep insights about markets and associated risks to the customers, which helps them make smarter decisions. The continuous advancements in AI also permit wealth managers to determine new sources of investment and customize investor portfolios associated with specific risk profiles. The adoption of modern liquidity asset liability management solutions is driven by their ability to increase operational efficiencies, better sales revenues, and improved customer experiences.

Market Overview

Managing the balance sheet and liquidity is crucial for the existence of financial institutions and insurance companies, and the sustenance of their operations. Due to the enormous volumes of sensitive data, they possess, many banking, insurance, and wealth advisors, among other stakeholders in the BFSI sector in the Middle East, prioritize the adoption of asset liability management solutions to mitigate their liquidity risks. Risk evaluation is critical in ensuring the banks are geared up for any eventuality within the market. A macro level risk control with prioritized financial data can be provided by Asset Liability Management (ALM) solutions. Thus, the ALM framework is regarded as a solution to support the commercial banks in Saudi Arabia and the UAE, among others, which provide high-quality services in insurance, liquidity management in ALM solutions. To successfully manage their liquidity and other asset-related risks, organizations are working with ALM solution providers for the implementation of countermeasures. In addition, ALM solutions are gaining more traction in the Middle East due to the rapidly expanding IoT deployment that has triggered digitization in the region. Implementing IoT in asset management helps manage assets efficiently by cutting down operational costs and maximizing productivity with real-time data.

Middle East & Africa Liquidity asset liability management solutions market Segmentation

The Middle East & Africa liquidity asset liability management solutions market is segmented on the basis of component, industry, and country.

• Based on component, the market is bifurcated into solutions and services. The solutions segment held the largest market share in 2022.
• Based on industry, the market is segmented into banks, broker, specialty finance, wealth advisors, and others. The banks segment held the largest market share in 2022.
• Based on country, the market is segmented into the Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa. The Saudi Arabia dominated the market share in 2022. Experian Information Solution, Inc.; FIS; Finastra; IBM Corporation; Infosys Ltd.; Intellect Design Arena Ltd; Moody’s Investors Services, Inc.; Oracle Corporation; SAP SE; and Wolters Kluwer N.V. are the leading companies operating in the Middle East & Africa liquidity asset liability management solutions market.