DATA | PREDICTION | INSIGHT.
Banks and financial institutions represent the country’s financial strength. They provide various financial services to the customers to build a strong base to avail numerous credit facilities. Banking & financial institutions have to design products that can give maximum returns on deposits and assured monetary benefits for secured future. Every bank and financial institutions require better plans and accurate predictions.
Today customer satisfaction holds highest priority and therefore we apply analytical methods to perform customer behaviour analysis. We analyse customer behaviour on the basis of demographic and geographical aspects.
We also study competitor’s products, their pricing policies and marketing strategies. These analytical reports help in planning strategies to meet customer demands and target new market segments to launch new products and services for customer acquisition.
In this era of globalisation, the trade and services are influenced adversely under the economic and financial fluctuations. The economic and financial disturbances also create difficulties in conducting research programs to study market conditions, future opportunities and flow of credit in market.
To overcome these challenges we assist banks and financial institutes by using advanced statistical methods for following analysis
There is always a risk of facing heavy monetary losses in case the borrower fails to repay the loan amount. To avoid such situations we do customer behaviour analysis to get an information about family background and financial conditions.
This helps banks and financial institutes to calculate the credit limit of the borrower and rate of interest to be charged on loan amount. We also analyse credit loss by measuring PD, EAD, LGD and RR, to plan out the strategies to recover from the loss and minimizing risk in future.
Financial frauds, damage of physical assets, data entry errors, transaction errors and accounting errors increases operational risk. To reduce operational risk, we aggregate data for designing ORM model to monitor internal processes and external events. We also use various analytical techniques like IMA, LDA and Scorecard etc. for operational risk management. This helps in better allocation of resources and designing training programs.
Market risk analysisThe economic and financial turbulence results in change in
Computerization has not only speeded up the banking operations but it has increased the incidents of financial frauds also, which results in heavy monetary losses. These Frauds include hacking of personal accounts, stealing of confidential data, ACH and wire fraud etc.
To reduce the financial frauds we design anti- fraud models and programs to detect malicious activities that may occur during various banking transactions. This helps in taking immediate counter actions like blocking plastic cards, sealing account and hence improving investigation efficiency.
All Financial Institutes and banks aim at increasing their annual profit margins. We assist our clients with detailed analysis of profit and loss account statements and calculating cost incurred in each single transaction. We design flexible business models to work in unstable economic and financial conditions. This generates high speed budgeting and reporting system
