Finalytica Nov 2022: Experiential Learning – Loss Given Default (LGD) Modelling for Banks

Loss Given Default (LGD) Modelling for Banks

Background

Problem Statement
To identify the estimated potential credit losses, we calculate a loan’s projected profitability. Under IFRS 9, banks are required to recognize credit losses at all times based on reasonable information, considering past, current, and future events.… Continue reading

Finalytica Nov 2022 : Latest Happenings

    • As per the report by Gartner, their analysts estimate that by 2025, more than 50% of enterprise-critical data will be created and processed outside the data centre or cloud.
    • According to research and markets “Cloud Infrastructure Market in India 2021” report, the Indian Cloud Infrastructure Market was valued at INR 301.40 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 29 per cent during the 2021 – 2025 period to reach INR 1,169.23 billion by 2025.
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Finalytica Oct 2022: Experiential Learning – Geolocation Analytics for Banks

Geolocation Analytics for Banks – Location based analytics

Location Analytics:

In every aspect of moving around the nooks & corner of any country, maps play an important part for any individual or any organization. The usage of location maps is across transportation – From B2C to B2B i.e.… Continue reading

Finalytica Oct 2022 : Latest Happenings

    • According to India Brand Equity Foundation, the Indian Data Analytics industry is expected to hit the $118.7 billion mark by 2026.
    • As per IBEF reports, the Indian Data Analytics market is anticipated to play an integral role in driving the future of the fourth phase of industrialization.
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Finalytica Sept 2022 : Latest Happenings

    • As per the report by Economic Times by 2025, the demand for expertise in advanced technologies like AI, robots, and data science will be 20 times larger than the supply.
    • Global IT research firm Gartner forecasts the AI and data science platform market is to grow to over $10 billion by 2025 at a 21.6% compounded annual growth rate.
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Finalytica Sept 2022: Experiential Learning – LOS & LMS Use cases in BI Tools

I.  LOS, LMS & need of BI Tools:

The most often used systems in the financial world for Banks, NBFCs & Credit Fintech for the lending side are Loan Origination System (LOS)and Loan Management System (LMS). Without these the loans handling process is not possible for most of these organizations.… Continue reading

Finalytica Aug 2022: Experiential Learning – Dynamic Forex Remittance tracking through tools

In the segment where the clients deal with Non resident Indian (NRI) and Indian population who have needs of remittance to India and from India to overseas, there is a huge need to track the forex prices on a real time basis.… Continue reading

Finalytica Aug 2022 : Latest Happenings

    • Data and analytics have entered the era of the cloud with two-thirds of analytics for both development and production expected to be performed in the cloud by 2023, according to a Gartner report.
    • As per the research by MarketsandMarkets predicts that graph database software sales will grow from $1.9 billion in 2021 to $5.1 billion by 2026.
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Finalytica July 2022 : Latest Happenings

    • By 2025, Gartner predicts that over 75% of governments will operate more than half of workloads using hyperscale cloud service providers. Such providers use their significant investment capabilities to outpace competition in the drive for product innovation, security and cost-efficiency.
    • As per a report by Gartner, By 2024, at least 60% of government AI and D&A investments will directly impact real-time operational decisions and outcomes.
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Finalytica June 2022: Experiential Learning – Complex Reporting and Dashboard creation in BI Tools

Complex Reporting and Dashboard Creation in BI Tools

The process of Business intelligence (BI) solution comprises Business Intelligence reporting, online analytical processing, analytics, dashboard development and business performance management. The entire process comprises Data Engineering, Report creation, Interactive tool usage and the automation of the process.Continue reading

Finalytica June 2022 : Latest Happenings

    • As per the Analytics India Industry Study 2022, the Analytics industry recorded a substantial increase of 34.5% on a year-on-year basis in 2022, with the market value reaching USD 61.1 billion. The overall Analytics industry is projected to reach a size of $201.0 Billion by 2027 at a CAGR of 26.9%.
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Finalytica May 2022: Experiential Learning – Cloud Security for Financial Services

Cloud Security for Financial Services

Cloud adoption is rising across industries at a steady rate, with over 90% of organizations using cloud computing technology. Now while industries have started relying on cloud services for their varied data and operational needs, there is one industry that is taking its time to adopt the idea on a holistic level i.e.… Continue reading