세계의 은행 리스크 관리 시스템 시장 : 분석 - 전개별, 기능별, 기업 규모별, 최종사용자별, 지역별, 예측(-2030년)

According to Stratistics MRC, the Global Risk Management Systems in Banks Market is accounted for $11.21 billion in 2024 and is expected to reach $26.33 billion by 2030 growing at a CAGR of 15.3% during the forecast period. Banks need risk management systems because they are essential structures meant to recognize, evaluate, and reduce the many kinds of risks that are part of their daily business. The aforementioned systems comprise an assortment of procedures, instruments, and tactics designed to preserve the bank's resources, uphold legal observance, and guarantee economic steadiness.

According to the International Monetary Fund (IMF), Effective risk management systems are essential for maintaining financial stability and promoting sustainable economic growth in the banking sector.

Market Dynamics:

Driver:

Concerns about financial stability

The fallout from previous financial crises, most notably the global financial crisis of 2008, emphasizes how crucial efficient risk management is to preserving financial stability on a systemic level. Banks must use strong risk management procedures and stress testing techniques to detect and reduce systemic risks, such as connectivity and spillover effects. Additionally, this includes scenario analysis, macroeconomic indicator monitoring, and thorough risk assessment across a range of asset classes in order to foresee and reduce potential systemic shocks that might jeopardize the stability of the financial system.

Restraint:

Low data accessibility and quality

Accurate and timely data is essential for effective risk management in order to model risks, evaluate exposures, and make well-informed decisions. Nonetheless, banks frequently face difficulties with data availability, completeness, and quality, particularly when working with different data sources and outdated systems. Furthermore, inadequate data quality can compromise risk assessments dependability and restrict the efficacy of risk management techniques, resulting in less-than-ideal decision-making and heightened risk exposure.

Opportunity:

Adoption of emerging technologies

The swift progression of technologies like artificial intelligence (AI), machine learning (ML), and big data analytics offers banks substantial prospects to improve their risk management proficiencies. Large volumes of data can be analyzed in real time by AI and an ML algorithm, which helps banks find trends, spot abnormalities, and more accurately forecast possible risks. Moreover, big data analytics helps banks make data-driven decisions and create more potent risk mitigation plans by offering deeper insights into consumer behavior, market trends, and risk exposures.

Threat:

Volatility of the markets and economic uncertainties

Banks face difficulties in managing market, credit, and liquidity risks due to fluctuations in financial markets, economic downturns, and geopolitical events. Market volatility can affect profitability and capital adequacy by causing changes in asset prices, funding limitations, and exposure to counterparty credit risk. Furthermore, systemic risks can be made worse by geopolitical unrest and economic uncertainty, which weaken financial resilience. In order to mitigate the effects of unfavorable market conditions and protect against systemic risks, banks need to implement strong risk management strategies, stress testing procedures, and scenario analysis techniques.

Covid-19 Impact:

The COVID-19 pandemic has caused significant disruptions to the banking industry, including operational difficulties, regulatory actions, and economic turmoil. Reduced economic activity, elevated credit risks, and increased market volatility have resulted from lockdown measures, supply chain disruptions, and increased uncertainty. Due to increasing loan losses, margin compression, and liquidity constraints, banks now need larger capital buffers and provisions to absorb losses. Additionally, the rise in digital transformation initiatives and remote work arrangements emphasizes the significance of cyber security and technology resilience.

The Risk Monitoring segment is expected to be the largest during the forecast period

It is projected that risk monitoring will command the largest market share. Risk monitoring entails the ongoing observation and tracking of multiple risk categories, such as credit, market, liquidity, operational, and compliance risks. Moreover, this section includes real-time monitoring of emerging risks, early warning signs, and key risk indicators in order to spot departures from risk appetite thresholds and take the necessary action. By utilizing data analytics, machine learning algorithms, and dashboard visualization tools, advanced risk monitoring systems enable banks to optimize risk-return trade-offs and manage risks proactively by providing timely insights into risk exposures.

The BFSI segment is expected to have the highest CAGR during the forecast period

In the Risk Management Systems in Banks Market, the Banking, Financial Services, and Insurance (BFSI) industry is projected to have the highest CAGR. Strong risk management frameworks are necessary to protect financial stability and guarantee regulatory compliance in the BFSI sector because of the complex and dynamic risk landscapes it faces, which include credit, market, liquidity, operational, and regulatory risks. Additionally, banks are investing in sophisticated risk management systems to improve risk identification, assessment, mitigation, and monitoring capabilities in response to the growing digitization of banking services, cyber threats, and regulatory scrutiny.

Region with largest share:

When it comes to the market for risk management systems in banks, North America usually has the largest share. North America has a well-developed banking sector that is distinguished by strict legal regulations, sophisticated risk management techniques, and the widespread use of cutting-edge technologies. The need for strong risk management solutions among banks in the region is driven by factors like the existence of significant banking hubs, stringent regulatory oversight, and growing cyber security concerns. Furthermore, investments in cutting-edge risk management technologies are fuelled by the region's thriving fintech ecosystem and a strong emphasis on innovation and digital transformation.

Region with highest CAGR:

The European region has the highest CAGR in the risk management systems market for banks. Europe faces a banking landscape that is diverse, with both established institutions and challenger banks. It also faces growing cybersecurity threats, digital transformation imperatives, and evolving regulatory requirements. In order to preserve financial stability, adhere to strict regulatory requirements like Basel III, and handle new risks like cybercrime and data privacy issues, European banks place a high priority on risk management. Moreover, the adoption of creative risk management strategies is fueled by the region's emphasis on sustainable finance and environmental, social, and governance (ESG) considerations.

Key players in the market

Some of the key players in Risk Management Systems in Banks market include Palisade Corporation, Fiserv Inc., LogicManager Inc, Moody's Investors Service Inc., International Business Machines (IBM), Oracle, Lockpath Inc., Sword GRC, Xactium, IBM Risk Analytics and Qualys Inc.

Key Developments:

In December 2023, IBM announced that it has entered into a definitive agreement with Software AG (FRA: SOW), a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash.

In August 2023, Fiserv, Inc., a leading global provider of payments and financial services technology, and Akoya, an API-only network for the consumer-permissioned sharing of financial data, are collaborating to enable secure data sharing among financial institutions, their customers, and the third parties with which they do business.

Deployments Covered:

• On-Premise
• Cloud
• Other Deployments

Functionalities Covered:

• Risk Identification
• Risk Assessment
• Risk Mitigation
• Risk Monitoring
• Other Functionalities

Enterprise Sizes Covered:

• Small & Medium Enterprises
• Large Enterprise

End Users Covered:

• BFSI
• Healthcare
• Retail
• IT and Telecommunication
• Government
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Risk Management Systems in Banks Market, By Deployment

• 5.1 Introduction
• 5.2 On-Premise
• 5.3 Cloud
  • 5.3.1 Public Cloud
  • 5.3.2 Private Cloud
  • 5.3.3 Hybrid Cloud
• 5.4 Other Deployments

6 Global Risk Management Systems in Banks Market, By Functionality

• 6.1 Introduction
• 6.2 Risk Identification
• 6.3 Risk Assessment
• 6.4 Risk Mitigation
• 6.5 Risk Monitoring
• 6.6 Other Functionalities

7 Global Risk Management Systems in Banks Market, By Enterprise Size

• 7.1 Introduction
• 7.2 Small & Medium Enterprises
• 7.3 Large Enterprise

8 Global Risk Management Systems in Banks Market, By End User

• 8.1 Introduction
• 8.2 BFSI
• 8.3 Healthcare
• 8.4 Retail
• 8.5 IT and Telecommunication
• 8.6 Government
• 8.7 Other End Users

9 Global Risk Management Systems in Banks Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Palisade Corporation
• 11.2 Fiserv Inc.
• 11.3 LogicManager Inc
• 11.4 Moody's Investors Service Inc.
• 11.5 International Business Machines (IBM)
• 11.6 Oracle
• 11.7 Lockpath Inc.
• 11.8 Sword GRC
• 11.9 Xactium
• 11.10 IBM Risk Analytics
• 11.11 Qualys Inc