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A New Report from Aite Group |
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Boston, MA, April 23, 2008
– A new report from Aite Group, LLC maps the current vendors offering risk management
and marketing services to the financial services industry. It explores the key issues driving technology investment in this area,
and profiles nine prominent vendors in this market.
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In the banking and brokerage worlds, the account opening process provides a significant opportunity for financial institutions, on several levels. Because of this,
investment in the account opening process continues to be a focus area for many institutions. Driven by a number of key factors - including emerging compliance demands, emerging fraud risks,
cost imperatives, channel expansion and a drive for customer maximization - investments in technology and redesigned processes are vital to the health of the organization.
"Account opening marks the start of a new relationship between a customer and an institution," says
Eva Weber, analyst with Aite Group and author of this report. "But the significance of the event extends beyond customer
acquisition to the firm's risk management posture. Understanding the interaction between customer profitability and risk is an emerging science."
The report profiles nine vendors of account opening solutions: ChoicePoint, Early Warning Services, Equifax Inc., Experian, Fidelity National Information Services, ID Analytics, LexisNexis, RSA and TransUnion.
This 40-page Impact Report contains 18 figures and one table. Clients of Aite Group's Retail Banking and Retail Securities & Investments services can download the report
by clicking on the icon to the right.
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Related Aite Group Research:
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To purchase this report or
for additional information,
please contact:
Aite Group Sales
Tel: +1.617.338.6050
sales@aitegroup.com |
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