Category: Financial Services
Financial Services market research reports by IDC
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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 Perspective: Unveiling GenAI Value Streams in Insurance
IDC Perspective: Unveiling GenAI Value Streams in Insurance This IDC Perspective examines the challenges the insurance industry faces in incorporating generative AI (GenAI) as it navigates between potential benefits and regulatory hurdles. Despite some insurers cautiously adopting GenAI, ongoing obs ... 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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Fostering a Path for an Inclusive Insurance Market With Generative AI
Fostering a Path for an Inclusive Insurance Market With Generative AI This IDC Perspective proposes a framework that provides pathways, supported by practical use cases, to help insurers understand the long-term opportunities presented by generative AI (GenAI). Adapting to the evolving risk landscap ... Read More
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DeepTech: Technologies with Purpose in Europe
DeepTech: Technologies with Purpose in Europe This IDC Market Perspective explores the defining characteristics of DeepTech, emphasizing its research and development intensity, high complexity and its Tech4Good purpose. DeepTech, an emerging category of advanced technologies, has garnered significan ... Read More
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IDC Perspective (Case Study): How Does WeBank Lead the Way Among Digital Banks Worldwide?
IDC Perspective (Case Study): How Does WeBank Lead the Way Among Digital Banks Worldwide? This IDC study provides a detailed analysis on how WeBank is leading the way in worldwide digital banking. It first analyzes the development trends of digital banking and then has a detailed examination of WeBa ... Read More
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Generative AI in Insurance: Perspectives, Opportunities, and Use Cases
Generative AI in Insurance: Perspectives, Opportunities, and Use Cases This IDC Perspective on the potential of GenAI for insurers in the Asia/Pacific region provides valuable insights into the current state of the industry and potential benefits with GenAI applications and use cases. GenAI is poise ... 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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Key Technologies Supporting Changes in Stores to Support Evolving Customer Expectations in Asia/Pacific
Key Technologies Supporting Changes in Stores to Support Evolving Customer Expectations in Asia/Pacific This IDC Perspective aims to identify the essential technologies that enable stores to keep up with evolving customer expectations. It showcases examples, advantages, and challenges related to the ... 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
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Is Web3 Gaming a Dead End or Evolving into Something Interesting?
Is Web3 Gaming a Dead End or Evolving into Something Interesting? This IDC Market Note sizes and assesses trends in the Web3 gaming space in 2023 and offers insight into how 2024 should develop. The aim is to discern whether there's evidence that vendors in and around the gaming industry should inv ... Read More
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Opportunities for Cash Flow Optimization and More Made Possible by Artificial Intelligence
Opportunities for Cash Flow Optimization and More Made Possible by Artificial Intelligence This IDC Market Note analyzes a few of the ways that advanced technologies like generative AI and machine learning (ML) can be leveraged to streamline treasury processes and how those technologies are current ... Read More
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Instant Payments: Reshaping Corporate Banks' Business Models, Enhancing Tools and Processes to Exploit and Offer IP Benefits
Instant Payments: Reshaping Corporate Banks' Business Models, Enhancing Tools and Processes to Exploit and Offer IP Benefits This IDC Perspective discusses how instant payments are a compelling development in real-time banking transformation to cope with competition and meet customer expectations. U ... Read More
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Process Automation Trends in European Financial Services: Navigating Market Challenges to Meet Business Goals
Process Automation Trends in European Financial Services: Navigating Market Challenges to Meet Business Goals This IDC Perspective takes a closer look at the factors impacting the Western European financial services sector and the role of business process automation in helping financial services com ... Read More
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Know Your Customer Solution Evolution
Know Your Customer Solution Evolution This IDC Perspective discusses the evolution of the know your customer (KYC) solution."The processes and availability technology for conducting know your customer functions at banks are evolving due to cloud computing, expanded data sets, and the integration of ... Read More