Emergence of analytical technologies in the manufacturing industry is expanding the potential of production facilities with more efficient product life cycle. The ability of predictive analytics to forecast futuristic outcomes, in terms of maintenance, marketing, sales, product defects, and many such other parameters fuels the market growth. Furthermore, the global manufacturing predictive analytics market dynamics provide key factors that impact the market growth, which include advent of Industrial Internet of Things (IIoT) and proliferation of Industry 4.0 evolution. The report features information on manufacturing predictive analytics software and services offered by the key market players. Furthermore, it highlights the strategies adopted by the major market players to improve the market share and sustain competition.

As many organizations continue to face challenges with legacy ERP solutions that have been in place for more than a decade, cloud offerings are gaining traction over existing on-premise systems, as they enable greater business agility and scalability. Several financial service organizations are migrating to cloud solutions to deliver innovation, customization, and security, with the sole purpose of gaining a competitive edge. According to Capgemini, cloud solutions are helping the banks to significantly cut expenses by slashing infrastructure costs by a quarter and potentially saving about USD 15 billion by 2019. Owing to this, many vendors are providing IaaS and PaaS applications to eliminate the need to manage hosting, maintaining, updating, and scaling service operations.

2017年以来，防范化解系统性金融风险的核心目标就是消除金融系统存在的不合规的政策套利。监管套利是指“金融机构在不违背监管资本规定的前提下，通过金融交易，在不降低金融机构的业务规模和整体风险的同时，降低监管资本要求。”但由于国内市场资本市场规模巨大，参与主体众多，因此监管成本较高，确实存在不合规的监管套利行为，导致资金空转，脱实向虚。

我们复盘20 年券商行情，发现券商板块有五段时期向上脉冲明显，（1）2006.11-2007.11，（2）2008.12-2009.08，（3）2014 年底到2015 年中，（4）2015 年4 季度，（5）最近的2018 年底到2019 年3 月。其中（1）和（3）是大家都能理解的牛市中券商经纪业务大赚，ROE 提升，拉动估值带动股价上涨，而（2）、（4）、（5）则无一例外同中国经济发展遇到阻力引发刺激政策带来的流动性宽松有关。而“非标”作为信贷工具的补充，也较好体现了监管意志。当下时点，市场对短期券商行情分歧很大，本文尝试从非标的“主力”信托业相关数据探析接下来券商的行情演绎。

12 月25 日，银保监会公布2019 年11 月保险业经营统计数据。截至11 月底，保险业资产总额合计为20.12万亿元。1-11 月保费收入39620 亿元， 同比增长11.9%，其中保证保险业务表现突出。赔付支出累计11498 亿元，赔付率29%，环比增加1pct，净利润估算为23434 亿元，同比增长15.6%。

2019 年12 月28 日，第十三届全国人大常委会第十五次会议审议通过了修订后的《中华人民共和国证券法》，将于2020 年3 月1 日起施行，为证券市场全面深化改革落实落地，有效防控市场风险，提高上市公司质量，切实维护投资者合法权益，促进证券市场服务实体经济功能发挥，打造一个规范、透明、开放、有活力、有韧性的资本市场，提供了坚强的法治保障。