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4 USE CASES FOR ADVANCED ANALYTICS IN THE FIELD OF COMMERCIAL BANKING

Founded in 1997, Pegasus Knowledge Solutions, Inc. (PKSI) is an independent, advanced analytic software and services organization, that partners with the industry-leading providers to help customers create value from their data, bringing a range of talents, including data integration and preparation, big data environments, data mining, predictive analytics, machine learning and text mining, as well as dash boarding and visualization.

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4 USE CASES FOR ADVANCED ANALYTICS IN THE FIELD OF COMMERCIAL BANKING

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  1. 4 USE CASES FOR ADVANCED ANALYTICS IN THE FIELD OF COMMERCIAL BANKING

  2. INTRODUCTION Leveraging data and information, the banking sector has made incredible gains and progress in the last few years. This trend is going to continue as we see more and more big players joining the bandwagon. Analytics, specifically advanced analytics in banking, has become a key disruptive force for the same. Emphasizing on analytics in general by banks has assisted the sector to manage cyber security threats, improve customer satisfaction, and also drive sales. In the next part of the post, we are going to discuss four interesting use cases for using analytics in the banking sector.

  3. USE CASES TO KNOW • CUSTOMER ACQUISITION/RETENTION • CREDIT RISK ASSESSMENT • FRAUD ANALYSIS • CROSS SELLING

  4. ABOUT PKSI Founded in 1997, Pegasus Knowledge Solutions, Inc. (PKSI) is an independent, advanced analytic software and services organization, that partners with the industry leading providers to help customers create value from their data, bringing a range of talents, including data integration and preparation, big data environments, data mining, predictive analytics, machine learning and text mining, as well as dashboarding and visualization. PKSI is focused on quality, speed of execution, value and above all, customer satisfaction. Our global solution delivery centers are ISO 9001-2008 and ISMS 27001-2013 Certified. To learn about our commercial banking analytics solutions, visit us at: https://www.pksi.com/products/aba/

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