Report Code: A15382 | Pages: NA | Mar 2023 | 1281 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Asset Liability Management Solution Market
Request Now !Asset and liability management (ALM) is an important task of managing financial risks arising from mismatches between assets and liabilities as a part of the financial accounting strategy. Generally, businesses require proper risk management and strategic planning for success of the business. It is a process of maximizing assets to meet complex liabilities that may increase profitability.Â
Asset and liability management manages the use of assets and cash flows to reduce the firm’s risk of loss from not paying a liability on time since well-managed assets and liabilities increase business profits. Therefore, allocation and management of assets, equity, liability, and credit risk management are expected to accelerate the growth of the asset liability management solution market share during the forecasted period.
The global asset liability management solution market is segmented on the basis of enterprise size, application, end user, and region. Based on enterprise size, the market is bifurcated into small & medium enterprise, and large enterprise. In terms of application, the market is categorized into BFSI, manufacturing, healthcare, telecom, and others. On the basis of end user, the market is divided into individual, corporate, high-net-worth individual (HNWI), and others. Geographically, the asset liability management solution market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Top Impacting Factors
The rise in the adoption of third-party asset liability management solution providers for managing the financials of businesses and rapid development in third party software processors in asset & liability management are driving market growth. However, data security and privacy concerns are expected to hamper the asset liability management solution market growth.Â
Contrarily, the rise in adoption of cloud-based solutions, increasing demand for specialized solutions by advanced software, and rising high net worth individuals can be seen as opportunities for the asset & liability management solution market.
Rapid Development in Third Party Software Processors
Electronic commerce is anticipated to accelerate the growth of the asset & liability management industry. During its development and expansion, the asset & liability management industry has proven to have enormous advantages and potential, not only promoting the development and transparency of transaction & ledger entry but also advancing in forecasting future cash flows and asset management.Â
The asset liability management solution provides several benefits. There are some security issues in the application processes, but it is expected that it will be improved in the forecasted time period. Thus, it is a major propelling factor for the
growth of the asset liability management market.
Rise in the Adoption of Third-Party Asset Liability Management Solution
According to First Data, asset liability management solutions are faster and more transparent than traditional manual management. As the size of the business and the number of transactions is increasing, the cost of these services has decreased. In addition, asset liability management is a highly regulated sector in the market.Â
Therefore, with the increase in adoption of software platforms across countries such as the U.S., Brazil, and South Asia, the market is expected to grow significantly in the upcoming year. Thus, this is a major boosting factor for the growth of asset liability management market.
Key Benefits of the Report
COVID-19 Scenario Analysis
Questions Answered in the Asset liability Management Solution Market Research Report
Asset Liability Management Solution Market Report Highlights
Aspects | Details |
---|---|
By Enterprise Size |
|
By Application |
|
By End User |
|
By Region |
|
Key Market Players | Genpact, EXL Services, Cognizant, Dell Technologies, WNS (Holdings) Ltd., Accenture, Xerox Corporation, HCL Technologies, Capita, Invensis Technologies, Wipro |
Loading Table Of Content...
Start reading.
This Report and over 19,603+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers