Financial predictive analytics software produces projections of future financial events based on historical data patterns. Financial services institutions use these solutions to predict asset movements and drive investment strategy.
Financial institutions can leverage financial predictive analytics solutions to inform customer relationship strategies in addition to potential investments. Investment managers use these solutions to drive their investment choices. Financial predictive analytics can be used in the insurance industry to flag potentially fraudulent claims, predict customer behavior, and predict market trends.
Financial predictive analytics software connects to various financial data sources via financial data APIs
and integrations with other financial services software.
To qualify for inclusion in the Financial Predictive Analytics category, a product must:
Be designed for use by financial services companies
Mine and analyze structured and unstructured financial data
Make predictions based on financial data