Crisis management solutions are majorly used in several business areas such as lending, payments, international money transfers, personal finance, equity financing, and insurance. The need to incorporate crisis management solutions has increased in the financial services industry to protect an organization’s reputation and to manage threats in terms of financial viability, employee’s health, and overall public safety. Increase in dependency on crisis management software & solutions among banks and financial institutions acts as a major driving force of the global BFSI crisis management market growth, as it provides digitalized solutions, including minimizing business risks, fraud detection, and incident & compliance management.