Business without data is like surviving without an iota of food and water. Data is indispensible. It plays a significant role in framing suave marketing campaigns, creatively, discerning the actual, productive channels to push data through them.
According to latest reports and analysis, nearly 42% of marketers have introduced more than ten solutions related to data analytics, marketing analysis or customer engagement technologies in a time span of 5 years, in which more than 9% marketers installed more than 20 solutions.
Last year, Britain opted to leave the European Union – and that created spiking fluctuation and acute market uncertainty across the globe.
Most of the investors out there know investment involves risks and rewards, just like head and tail in a coin and so do the analysts. Higher the risk, better are the chances to gain potential rewards. As a result, it is critical for both an investor and analyst to understand the true nature of market risks that influences the market conditions and controls the shooting volatility and the ways to manage those risks.
Common Market Risks
Relevant market risks depend largely on the nature of investment as well as geographic boundaries. Some of the key market risks are as follows:
Interest Rate Risk – It is the risk of a decrease in the value of a security owing to changes in interest rates. The rate of change of interest rates is inversely proportional to bonds – based on a rationale that a bond is the future security of a healthy stream of payments – hence as interest rate rises, the price of the issued bonds decreases.
Inflation Risk – It relates to the risk that gets affected as the prices of goods and services increases reducing the value of money. This risk results in affecting the value of investments in a negative way. It decreases the purchasing power of money, thereby reducing the value of investment. Sometimes inflation risk is also known as Purchasing Power Risk.
Currency Risk – This type of risk arises when your money needs to be converted to a different currency for investment purposes. Here, a small change in exchange rates between the home currency and US dollars can affect your investment return.
Liquidity Risk – It refers to the risk of not being able to fulfill certain investment requirements quickly for a price that determines the true value of the asset. Sometimes, one may face difficulties in selling the investment due to a lack of buyers, resulting in a drastic decrease of investment value of that product until someone is ready to pay for it. Foreign investments, over-the-counter markets and small-capitalization stocks are some of the high liquidity risks items.
Sociopolitical Risk – The socio-political environ, such as war, terrorist attack, election and corruption affects the market conditions. They affect investor perceptions, resulting in severe oscillation in stock prices.
Managing Market Risk
Well, you can’t control the market risks from taking a front seat in your financial life, though you can take some steps to manage and mitigate them.
As globalization seeped through all leading economies and market segments, a majority of fintech institutions started realizing the criticality of an enhanced operational risk, especially related to cyber-security, IT failures and data theft. Amid this, cyber risks and data theft issues posed key challenges, followed by IT failures and outsourcing issues. The revolution of digitization did many goods to our society, but the moment banks got dependent on single computer networking setups, the vulnerability of confidential customer data leakage multiplied. As a result, the need for data analysts and market researchers spiked up – they are the trained souls who possess both the experience and expertise to tackle diverse investment portfolios for clients in the best way possible to fetch maximum profits.
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Are you bushed of creating reports in Excel? Do you feel annoyed every time you extract data from multiple platforms to develop website traffic reports?
Here we have some good news for y’all!
Two of Tableau’s own marketers have invented a next-level website analytics dashboard loaded with custom traffic metrics to turn reporting as easy as cake, and they are going to showcase it at TC17 in their breakout session Disparate measures: Tableau marketing’s DIY ethos and custom reporting.
According to a market research report, Global Hadoop market – industry analysis, share, size, growth, trends and forecast, which was once estimated at a value worth USD 1.5 billion in 2012, is now expected to hit $13.95 Billion mark this year, 2017 with a CAGR of 54.9%.
The advent of Hadoop platform stemmed out from the growing urge to manage problems that resulted owing to a lot of data – mostly a concoction of structured and unstructured data – that failed to fit properly in the traditional data storage and management systems, like tables. The play of analytics got intense, more complicated – both computationally and logically – hence the need for Hadoop is more than ever. This is similar to what Google was doing while it was on an endeavor to examine its user behaviors and index web pages, with a view to enhance its own performance algorithms.
Big Data, Business Intelligence, Data Science – the digital revolution is here, and it’s evolving steadfastly.
Soon, data analytics is becoming the life-source of IT. The range of technologies is varied, and the way data is expanding, we are fast moving towards a juncture where analysis of vast volumes of data will be done in a jiffy.
Let’s kickstart creating a custom web analytics dashboard!
This blogpost consists of all the resources you will need to build your own web analytics dashboard – some of the resources we have used ourselves and some we have culled down from the web.
Microsoft Excel is a smorgasbord of information – it is a staple technology tool in any business environment. Whether you are crunching business data, organizing client sales inventory or planning an office event, Excel is arguably the most powerful tool entrenched across multiple business domains worldwide.
Aspiring professionals contemplating to make an entry into the workplace are required to excel on Excel tricks – Excel Dashboards Training Pune from DexLab Analytics is a promising gateway to your dreams!
The term Big Data stands for data that is humongous. Large volumes of data are being churned out every day to meet business needs.
Business analytics is the bedrock of an organization. It uses data for proper analysis of business objectives, later on which helps in making better decisions and future profit generation. Also, it aids in determining the actual reasons of failures, re-evaluating risk portfolios, and detecting undergoing fraudulent activities before they swell up to affect business operations.
After scoring high with top notch conglomerates, Indian economy is heating up more than ever – because of flourishing Indian fintech establishments that are popping up here and now.
In this blog, we will take a deeper look down into the mechanism how startups are doing well for themselves in this competitive world from a credit risk perspective. For that, we will dig deep into the personal account of an employee working in one of the notable startups in India, which deals with data analytics product for the financial services industry – what experiences he gathered while working in a startup sector, what advices he would like share and things like that will help us crack this industry better.
Pointed things to learn from a fintech startup in India:
Product is king, so is its timing – Never ever compromise with a good product. Similarly, make sure the timing is right too – may be, because you waited too long, you missed the best product. It happens.
Hit the customers right away– Don’t vouch for any product, unless 10 people have validated the product. Allow at least 10 customers to use that product and then sit with them to grab some feedback. Startups work like this, so do you!
Economics is the essence, so do proper homework– Risk and Finance go hand in hand, but are distinct in nature. Get a grip on well-structured financial models – they will help you understand the credit exchange stuffs better. Streaming costs, revenues and growth in a single line will obviously put you in a better position in predicting the impact of credit risk. FYI, credit risk’s impact is endured on not only losses, but on costs too – which is surely a matter of concern.
Teamwork is the best work– Building a potent team is an art. Creating something of your own requires a substantial amount of risk, both personal and professional. Most seasoned consultants coming under a single roof to offer something unique is in itself an exciting idea – startups in India boast of an average age of 25 or 28 years in a particular company. Nevertheless, some companies also excel with a core team whose average experience is that of 10 years – across domains like tech, product, risk, operations, sales and marketing. The figures are interesting, ain’t they?
Fintech is more finance and less technology – As compared to other industries, fintechs’ operational mode is very different. Though credit risk and cost management are the founding pillars of a robust fintech business setup, none of them can make up for below-standard quality products. Offering high quality product is of supreme importance for the success of any Fintech, and if you look at fintech companies in the US and Europe you will understand why we are focusing our attention on the quality part.
While we are on the closure, there is still a lot of learning to be done – but we surely believe India is on its way to success and our fintech sector is witnessing a plethora of amazing ideas. Just keep your fingers crossed, and hope our teams pull it off in a snap.
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