Banking & Financial Services

Banking and Financial Services (BFS) utilize data and analytics in their decision making at every value chain from customer acquisition to back-office operations. Financial Institutions look towards algorithms and analytical functions to improve operational efficiency, drive growth, and provide personalized experiences for customers.

Consultants tend to be individuals with at least a few years of experience under their belts in a particular field or focus. It’s this insight that they then sell as a service to other companies.

Our approach of value-based analytics has helped our BFS clients focus on value enhancement as well as value protection to achieve a significant impact on both top line and bottom line.

How can Analytics Help?

  • Augment external data for better customer decisions
  • Optimize offer-mix and marketing channels to boost response
  • Value-driven underwriting and scorecards
  • Increase share of wallet via behavioral scorecards
  • Credit risk monitoring
  • CLTV enhancement strategies
  • Responsive strategies for fraud prevention
  • Targeted collections and recovery
  • Boost engagement through digital adoption
  • Personalize customer contact
  • Proactive churn management
  • Loss forecasting, CECL
  • Stress test and capital planning, DFAST/CCAR/IFRS9
  • AML, OFAC, and KYC analysis
  • Disparate impact and fair lending assessment
  • Model validation and governance