Product Code: A47377
Financial risk management software is a tool that helps organizations identify, assess, and manage various financial risks. It provides comprehensive solutions for financial risk management, including risk analysis, risk modeling, and risk reporting. The software enables organizations to analyze financial data and model different scenarios to identify potential risks. It can measure risk using various metrics such as value at risk (VaR) or expected shortfall (ES). It generates reports that summarize key risks and provide recommendations for risk management. In addition, financial risk management software is designed to assist organizations in making informed decisions to minimize the potential impact of financial risks on their operations. The software is customizable to meet the specific needs of an organization and can integrate with other systems such as trading platforms or accounting software to ensure all relevant data is included in risk analysis. Financial risk management software is an essential tool for any organization that wishes to effectively manage its financial risks and ensure long-term stability and profitability.
Rise in global financial market volatility is a major driving factor for the financial risk management software market as financial risk management software solutions help institutions manage the risks associated with financial market volatility by providing real-time market data and analytics. These solutions help institutions identify and analyze market trends, assess the impact of market events on their portfolios, and develop strategies to mitigate the risks associated with market volatility. Furthermore, growth in complexity of financial instruments and increase in regulatory compliance requirements drive the demand for financial risk management software solutions as financial institutions seek to manage their risks and comply with regulatory requirements in an efficient and effective manner. However, high costs of deploying software is a major factor that hampers the growth of the market as financial risk management software can be expensive, especially for smaller organizations or those with limited budgets. This can make it challenging for vendors to reach certain segments of the market and limit overall adoption rates. Furthermore, complexity associated with software installation and configuration is a major restraining factor for the market growth. On the contrary, cloud-based financial risk management software solutions are gaining popularity, as they offer greater flexibility and scalability than traditional on-premise solutions. This is likely to provide lucrative opportunities in the market, as more businesses look to adopt these solutions to manage their risk.
The financial risk management software market is segmented on the basis of component, deployment mode, enterprise size, end user, and region. By component, the market is bifurcated into software and services. By deployment mode, it is classified into on-premise and cloud. By enterprise size, it is categorized into large enterprise and small & medium-sized enterprises. On the basis of end user, it is segregated into banks, insurance companies, NBFCs, and credit unions. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the financial risk management software market such as Abrigo, Accenture, Ernst & Young Global Limited (EY), Fiserv, Inc., LogicGate, Inc., Oracle, Riskonnect, S&P Global Inc, SAS Institute Inc. and Temenos. These players have adopted various strategies such as partnership, product launch, and acquisition to increase their market penetration and strengthen their position in the financial risk management software market.
Key benefits for stakeholders
- The study provides in-depth analysis of the global financial risk management software market along with the current & future trends to illustrate the imminent investment pockets.
- Information about key drivers, restrains, & opportunities and their impact analysis on the global financial risk management software market size are provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global financial risk management software market from 2022 to 2031 is provided to determine the market potential.
Key Market Segments
By Component
By Deployment Mode
By Enterprise Size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By End-User
- Banks
- Insurance Companies
- NBFCs
- Credit Unions
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Abrigo
- Accenture
- Ernst & Young Global Limited (EY)
- Fiserv, Inc.
- LogicGate, Inc.
- Oracle
- Riskonnect
- SAS Institute Inc.
- S&P Global Inc
- Temenos
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growing complexity of financial instruments
- 3.4.1.2. Rise in global financial market volatility
- 3.4.1.3. Increasing regulatory compliance requirements
- 3.4.2. Restraints
- 3.4.2.1. Complexity associated with software installation and configuration
- 3.4.2.2. High costs of deploying financial risk management software
- 3.4.3. Opportunities
- 3.4.3.1. Rise in adoption of cloud-based financial risk management software
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: FINANCIAL RISK MANAGEMENT SOFTWARE MARKET, BY COMPONENT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Software
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Service
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: FINANCIAL RISK MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. On-premise
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Cloud
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: FINANCIAL RISK MANAGEMENT SOFTWARE MARKET, BY ENTERPRISE SIZE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Large Enterprises
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Small and Medium-sized Enterprises (SMEs)
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: FINANCIAL RISK MANAGEMENT SOFTWARE MARKET, BY END-USER
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Banks
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Insurance Companies
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. NBFCs
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Credit Unions
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
CHAPTER 8: FINANCIAL RISK MANAGEMENT SOFTWARE MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Component
- 8.2.3. Market size and forecast, by Deployment Mode
- 8.2.4. Market size and forecast, by Enterprise Size
- 8.2.5. Market size and forecast, by End-User
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Component
- 8.2.6.1.3. Market size and forecast, by Deployment Mode
- 8.2.6.1.4. Market size and forecast, by Enterprise Size
- 8.2.6.1.5. Market size and forecast, by End-User
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Component
- 8.2.6.2.3. Market size and forecast, by Deployment Mode
- 8.2.6.2.4. Market size and forecast, by Enterprise Size
- 8.2.6.2.5. Market size and forecast, by End-User
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Component
- 8.3.3. Market size and forecast, by Deployment Mode
- 8.3.4. Market size and forecast, by Enterprise Size
- 8.3.5. Market size and forecast, by End-User
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. UK
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Component
- 8.3.6.1.3. Market size and forecast, by Deployment Mode
- 8.3.6.1.4. Market size and forecast, by Enterprise Size
- 8.3.6.1.5. Market size and forecast, by End-User
- 8.3.6.2. Germany
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Component
- 8.3.6.2.3. Market size and forecast, by Deployment Mode
- 8.3.6.2.4. Market size and forecast, by Enterprise Size
- 8.3.6.2.5. Market size and forecast, by End-User
- 8.3.6.3. France
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Component
- 8.3.6.3.3. Market size and forecast, by Deployment Mode
- 8.3.6.3.4. Market size and forecast, by Enterprise Size
- 8.3.6.3.5. Market size and forecast, by End-User
- 8.3.6.4. Italy
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Component
- 8.3.6.4.3. Market size and forecast, by Deployment Mode
- 8.3.6.4.4. Market size and forecast, by Enterprise Size
- 8.3.6.4.5. Market size and forecast, by End-User
- 8.3.6.5. Spain
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Component
- 8.3.6.5.3. Market size and forecast, by Deployment Mode
- 8.3.6.5.4. Market size and forecast, by Enterprise Size
- 8.3.6.5.5. Market size and forecast, by End-User
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Key market trends, growth factors and opportunities
- 8.3.6.6.2. Market size and forecast, by Component
- 8.3.6.6.3. Market size and forecast, by Deployment Mode
- 8.3.6.6.4. Market size and forecast, by Enterprise Size
- 8.3.6.6.5. Market size and forecast, by End-User
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Component
- 8.4.3. Market size and forecast, by Deployment Mode
- 8.4.4. Market size and forecast, by Enterprise Size
- 8.4.5. Market size and forecast, by End-User
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Component
- 8.4.6.1.3. Market size and forecast, by Deployment Mode
- 8.4.6.1.4. Market size and forecast, by Enterprise Size
- 8.4.6.1.5. Market size and forecast, by End-User
- 8.4.6.2. Japan
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Component
- 8.4.6.2.3. Market size and forecast, by Deployment Mode
- 8.4.6.2.4. Market size and forecast, by Enterprise Size
- 8.4.6.2.5. Market size and forecast, by End-User
- 8.4.6.3. India
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Component
- 8.4.6.3.3. Market size and forecast, by Deployment Mode
- 8.4.6.3.4. Market size and forecast, by Enterprise Size
- 8.4.6.3.5. Market size and forecast, by End-User
- 8.4.6.4. Australia
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Component
- 8.4.6.4.3. Market size and forecast, by Deployment Mode
- 8.4.6.4.4. Market size and forecast, by Enterprise Size
- 8.4.6.4.5. Market size and forecast, by End-User
- 8.4.6.5. South Korea
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Component
- 8.4.6.5.3. Market size and forecast, by Deployment Mode
- 8.4.6.5.4. Market size and forecast, by Enterprise Size
- 8.4.6.5.5. Market size and forecast, by End-User
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Key market trends, growth factors and opportunities
- 8.4.6.6.2. Market size and forecast, by Component
- 8.4.6.6.3. Market size and forecast, by Deployment Mode
- 8.4.6.6.4. Market size and forecast, by Enterprise Size
- 8.4.6.6.5. Market size and forecast, by End-User
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Component
- 8.5.3. Market size and forecast, by Deployment Mode
- 8.5.4. Market size and forecast, by Enterprise Size
- 8.5.5. Market size and forecast, by End-User
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Component
- 8.5.6.1.3. Market size and forecast, by Deployment Mode
- 8.5.6.1.4. Market size and forecast, by Enterprise Size
- 8.5.6.1.5. Market size and forecast, by End-User
- 8.5.6.2. Middle East
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Component
- 8.5.6.2.3. Market size and forecast, by Deployment Mode
- 8.5.6.2.4. Market size and forecast, by Enterprise Size
- 8.5.6.2.5. Market size and forecast, by End-User
- 8.5.6.3. Africa
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Component
- 8.5.6.3.3. Market size and forecast, by Deployment Mode
- 8.5.6.3.4. Market size and forecast, by Enterprise Size
- 8.5.6.3.5. Market size and forecast, by End-User
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
- 10.1. Abrigo
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Key strategic moves and developments
- 10.2. Accenture
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
- 10.3. Ernst & Young Global Limited (EY)
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. Fiserv, Inc.
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.4.7. Key strategic moves and developments
- 10.5. LogicGate, Inc.
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Key strategic moves and developments
- 10.6. Oracle
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
- 10.7. Riskonnect
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Key strategic moves and developments
- 10.8. S&P Global Inc
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.8.7. Key strategic moves and developments
- 10.9. SAS Institute Inc.
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Key strategic moves and developments
- 10.10. Temenos
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance
- 10.10.7. Key strategic moves and developments