Banking

The banking sector relies heavily on reducing risk and increasing revenue. To achieve such goals, banks need to pay heavy attention to data and transform their business operations accordingly. This is why over 90% of the top 50 banks are using data analytics in their business operations. Analytics helps banks detect fraud, streamline operations, and develop innovative products.

How our products help

  • GAMMA logo GAMMA logo

    Understand your visitors and better target existing and new customers for increased market share.

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  • PSI logo PSI logo

    Optimize operations and conserve organizational resources by simulating different scenarios based on KPIs and outcomes.

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  • SGNL logo SGNL logo

    Detect and take action on financial fraud. Prevent fraud before it even occurs using fraud prevention.

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  • DELTA logo DELTA logo

    Assess your organization’s data potential and start a data transformation.

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Case study

Situation

A global bank wanted to cut costs and become more customer centric.

Solution

Using data analytics, the bank found that customer behavior rapidly shifted, such as the 36% decline in branch usage seen in 5 years.

Impact

The bank decreased the number of branches and shifted their focus to online banking. This, amongst other business decisions, allowed them to cut costs by over $1.5bn in one year.