Securities and investments firms used to utilize BI for long term planning - analyzing months of data to determine trends for the next couple of years. Now the industry has shifted its focus to real-time analytics - and rightly so. Companies want to analyze both structured and unstructured data several times a day and to make decisions on investment positions and trades then and there. Working with data in real-times brings agility and responsiveness to a company so it can act way before its competitors.
Using BI securities and investment firms can quickly react to changing market dynamics:
Analyze risk and other systems throughout the day to detect fraud.
Strengthen and manage client relationships by providing external clients with self-service data analysis.