The Business Value of Splunk for Financial Services and Insurance
This document describes the experiences of financial institutions that are using Splunk’s unified platform. The report conveys an IDC study that shows how the Splunk platform enables financial organisations to streamline operations, improve incident response times, and reduce the complexity of managing multiple point solutions, creating measurable business value.
Based on an extensive data set and a specialised Business Value methodology, IDC calculates that these customers will achieve benefits worth an annual average of $15.3 million per organisation ($2.2 million per 10,000 endpoints managed) and a three-year ROI of 387% by:
Helping organisations detect and respond to threats faster by improving alert accuracy and reducing false positives
Providing unified visibility across hybrid infrastructures, enabling efficient monitoring and troubleshooting
Strengthening fraud detection and insider threat monitoring using behavioural analytics and anomaly detection
Supporting digital resilience and regulatory compliance by aggregating and analysing data from diverse sources
Consolidating legacy tools into a single platform, lowering costs and boosting team productivity
