
North America Liquidity And Asset Liability Management Solutions Market
No. of Pages: 132 | Report Code: BMIRE00027491 | Category: Technology, Media and Telecommunications
No. of Pages: 132 | Report Code: BMIRE00027491 | Category: Technology, Media and Telecommunications
Rising Numbers of Regulations and Non-Performing Assets
Compliance has become one of the prominent challenges in the banking industry since the 2008 financial crisis as a direct result of the sharp increase in regulatory fees related to income and credit losses. From Basel's risk-weighted capital requirements to the Dodd-Frank Act and from the Financial Account Standards Board's Current Expected Credit Loss (CECL) to the Allowance for Loan and Lease Losses (ALLL), there are a growing number of regulations that banks and credit unions must comply with reconciliation, which can consume significant resources, often depends on the ability to interact with data from disparate sources. Hence, traditional ways to comply with these regulations often lead to unexpected errors. Therefore, banking and financial institutions are comprehensively adopting digital platforms that collect and mine data, perform in-depth data analysis, and provide insightful reporting for identifying and minimizing compliance risks. Hence, banks and private Investment firms are switching to digital platforms to restructure their loan processing models with modern technologies, such as AI and ML, to conduct a thorough background check, which helps them minimize the risks posed by NPAs. The adoption of digital solutions by financial institutions is likely to propel the liquidity asset liability management market during the forecast period.
Market Overview
In North America, the US is one of the major markets for liquidity and asset liability management solution and service providers. The country hosts the world's second-largest banking, financial service, and insurance (BFSI) sector. Similarly, Canada ranks seventh on the Global Financial Centres Index (GFCI). The robust BFSI sector creates a favorable ecosystem for liquidity and asset liability management solution providers to launch their solutions and services. Additionally, with a continuous transformation in the North American banking sector, as well as innovation in technologies, banks are preferably adopting advanced analytics methodologies instead of traditional practices. Further, financial intermediaries in North America have wide access to dollar deposits and wholesale financial markets, which also play a major role in liquidity flow. Among all financial intermediaries, major banks in the US stand out as natural intermediaries for world dollar funding due to their access to the largest dollar deposit base, huge US dollar reserves, extensive operations, and active currency exchange and derivatives. Hence, the growing uncertainty in the banking industry, coupled with a strong banking sector in the US, is anticipated to create lucrative opportunities for the liquidity and asset liability management solutions market players in North America.
Strategic insights for the North America Liquidity And Asset Liability Management Solutions provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Liquidity And Asset Liability Management Solutions refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Liquidity And Asset Liability Management Solutions Strategic Insights
North America Liquidity And Asset Liability Management Solutions Report Scope
Report Attribute
Details
Market size in 2022
US$ 618.03 Million
Market Size by 2028
US$ 1,047.22 Million
Global CAGR (2022 - 2028)
9.2%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Component
By Industry
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Liquidity And Asset Liability Management Solutions Regional Insights
North America Liquidity asset liability management solutions market Segmentation
The North America liquidity asset liability management solutions market is segmented on the basis of component, industry, and country. Based on component, the market is bifurcated into solutions and services. The solutions segment held the largest market share in 2022.
Based on industry, the market is segmented into banks, broker, specialty finance, wealth advisors, and others. The banks segment held the largest market share in 2022. Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022. Experian Information Solution, Inc.; FIS; Finastra; IBM Corporation; Infosys Ltd.; Intellect Design Arena Ltd; Moody’s Investors Services, Inc.; Oracle Corporation; SAP SE; and Wolters Kluwer N.V. are the leading companies operating in the North America liquidity asset liability management solutions market.
The North America Liquidity And Asset Liability Management Solutions Market is valued at US$ 618.03 Million in 2022, it is projected to reach US$ 1,047.22 Million by 2028.
As per our report North America Liquidity And Asset Liability Management Solutions Market, the market size is valued at US$ 618.03 Million in 2022, projecting it to reach US$ 1,047.22 Million by 2028. This translates to a CAGR of approximately 9.2% during the forecast period.
The North America Liquidity And Asset Liability Management Solutions Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Liquidity And Asset Liability Management Solutions Market report:
The North America Liquidity And Asset Liability Management Solutions Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Liquidity And Asset Liability Management Solutions Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Liquidity And Asset Liability Management Solutions Market value chain can benefit from the information contained in a comprehensive market report.