TAG FinTech Big Data Report

The 2017 Data Analytics/Big Data in Financial Services Research Report is now available!

Click here to download your copy today!

 

TAG FinTech is pleased to present our 2017 comprehensive report that looks at the state of data monetization in the Georgia-based FinTech community!

We promised we would update the research every two years up until 2020 to measure the progress that FinTech organizations are making in becoming more data centric. Welcome to the 2016 study!

We are grateful to the Scheller College of Business at Georgia Tech for their assistance in shaping the study and helping analyze the results under the direction of Sudheer Chava, Professor of Finance, Director, Quantitative and Computational Finance (QCF) Program, Scheller College.

Report highlights include:

  • Revenue generation – about half of the new data analytics projects underway are revenue-generating – a significant increase over 2014.
  • Firms are better focused on data – 58% of respondents believe their organization is more data-centric than in 2014.
  • While Risk Management and Fraud Prevention continue to lead data analytics investments, other functions within the FinTech organization such as the Call Center, Customer Service, IT, Sales and Marketing are getting stronger.
  • ROI from data analytics programs is improving at FinTech companies.
  • Management commitment to data analytics investments is improving.
  • FinTech executives are maturing their thinking on how to productize and monetize data analytic services.
  • Data analytics investments are up – FinTech organizations are investing more in their data analytics capabilities – from technology to improving skill sets.
  • Competitiveness – 52% of respondents in 2016 believe their organizations are very competitive in data analytics solutions, and 38% believe their organization will be ahead of competitors by 2020.

2014 TAG FinTech Big Data Report

Please click the links below to download the previous whitepapers which contain the 2014 research on how FinTech organizations are using data analytics to trim operational costs and grow revenue.

In 2014, as part of its TAG FinTech Big Data 2020 event, TAG FinTech conducted a research study on the state of data analytics and big data solutions in the FinTech industry. Our objective was to determine how much these organizations were using data analytics to expand revenue opportunities and refine their operations, and how the landscape might look in the year 2020 as opposed to today.

The results of the study were published in two white papers - an Executive Summary/Roadmap, which summarized the high-level research results and provided a path to help executives build a data-centric organization; and the Big Data 2020 Market Research Results, which provided detailed results of the FinTech data analytics/Big Data research to help management understand the challenges of becoming data-centric.  

 

Big Data Exec Summary
Executive Summary and Roadmap: summarizes the high level research results and provides a roadmap to help executives build a data-centric organization.
Click here to download this whitepaper

 

 

Big Data Market Research

Big Data 2020 Market Research Results: provides detailed results of the FinTech data analytics/Big Data research to help management understand the challenges of becoming data-centric.
Click here to download this whitepaper

 

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