Loss Given Default (LGD) Modelling for Banks
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
Geolocation Analytics for Banks – Location based 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
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
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
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
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
Private sector banks who have strong customer base in retail, corporate and NR space needs to assess their customers income levels which will help the companies in targeting specific customers and create customer centric campaigns.
With the help of Real Estate portals, we can extract the required Properties information for assessing the real estate prices and thus the predicting income levels of people living in the properties.… Continue reading
We are glad to share some of our most read and applauded Knowledge series and Experiential Learning articles of the year 2021 to recap the year gone by.
Business intelligence (BI) solutions combine business analytics, data mining, data visualization, data tools and infrastructure, creating data models and helping organizations to make more data-driven…
Automated machine learning, also referred to as automated ML or AutoML, is the process of automating the time-consuming, iterative tasks of machine learning model development…
Insights derived through Natural Language programming are used to solve the problem by providing key statistical highlights of the data, extracting valuable insights which are key pointers for business to act upon, and prescribing actions to be taken…
Based on a risk, banks and financial institutes want to take actions in these rapidly growing financial markets and one of most important risk that they are exposed to is credit risk.… Continue reading
Life Insurance companies are usually looking for innovative solutions to manage their persistency business through the power of analytics to improve their persistency. They also need a user-friendly cloud-based reporting solution for Persistency tracking and enhancement.
Let’s discuss one such use case for the Persistency.… Continue reading
Systematic Investment Plans in Indian Mutual fund industry is an important way of garnering inflows into Equity funds for the Indian Fund houses. The Industry has grown to regular monthly inflows of INR 10,000 crs with an investor base of around 46 million. … Continue reading
Finalytica Sept 2021 : Knowledge Series in Successful end-to-end BI Solution implementation for an NBFC
We implemented an end-to-end BI Solution for a large Non banking finance company in India right from Data Engineering to ML based report creation to Analytics Dashboards to usage of Narrator tool to overall data & dashboard automation. We describe the case study in detail here End to end BI solutioning
Automated machine learning, also referred to as automated ML or AutoML, is the process of automating the time-consuming, iterative tasks of machine learning model development.. Creating a Machine-learning/Data Science model from scratch is a time-consuming and long process which has multiple stages and requires multiple iterations.… Continue reading