Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems announces the completion of its recent collections analytics engagement. This success story that highlights how they helped a multinational bank to gain better visibility into collections probability and better plan collection strategies to drive outcomes.
Quantzig’s Collections Analytics Engagement Overview
|
Business Challenge |
Solution Offered |
Outcome |
|
The client- a leading bank in the US wanted us to analyze & setup the collections analysis framework to evaluate the effectiveness of its initiatives. |
We adopted a well-rounded, comprehensive approach that resulted in the development of a statistical model for profiling and segmenting customers based on their risk profiles. |
Using collection analytics, the bank improved collection rate, reduced the cost of collections operations and enhanced customer satisfaction. |
According to the advanced BFSI analytics experts at Quantzig, “Leveraging collections analytics can help strengthen your collections strategy and drive outcomes by adopting a more effective and holistic approach that ensures uninterrupted cash flow.” Fintech News
Did you know? Analytics-based customer profiling plays a crucial role in next-gen collections modeling. Talk to our analytics experts for more insights.
To thrive in the complex banking and financial services industry, data must be converted into actionable insight, to be able to respond in real-time to behavioral changes in the customer mindset or to proactively respond to threats. Banking and financial services providers today realize that effective receivables management holds the key to maintaining constant cash flow. We understand the various problems that banks face while lending, and how inconsistent cash flow can hamper the future of a company. To address this issue, we’ve curated a comprehensive portfolio of advanced collections analytics solutions that can help you make critical business decisions.
Quantzig’s BFSI Analytics Solutions Include:
- Risk detection
- Pattern recognition
- KYC analytics
- Portfolio monitoring
- Collections analytics
- Customer loyalty analytics
- View Quantzig’s comprehensive portfolio of analytics solutions for the Banking and Financial Services sector to gain deeper insights: https://bit.ly/2wYhkQ7
Bridging the narrowing gap between operational excellence and value proposition, we bring innovative banking & collections analytics solutions to the market to help our clients scale their operations and improve customer experience across touchpoints.
