Experiential Learning: Neural Networks in Sales Modelling

Experiential Learning: Neural Networks in Sales Modelling

Background

In our regular sales modeling for clients, we primarily relied on traditional algorithms such as random forest and XGBoost models due to the tabular nature of our data and the success we achieved with these models.… Continue reading

Finalytica July 2023 : Latest Happenings

    • As per the report of Fortune Business Insights, the global network as a service market size was valued at USD 13.63 billion in 2022 and is projected to grow from USD 18.70 billion in 2023 to USD 155.17 billion by 2030, exhibiting a CAGR of 35.3% during the forecast period.
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Finalytica June 2023 : Latest Happenings

  • India’s software-as-a-service (SaaS) market is expected to surpass $26 billion in revenue by 2026, at a compound annual growth rate (CAGR) of up to 28% from $10.2 billion in 2022, despite the economic headwinds which has impacted IT spending, according to a report by Chiratae Ventures and Zinnov, released on Wednesday. 
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Finalytica, Jun 2023: Experiential Learning: Cross Sell Consumer Loans to Wealth Customers

Experiential Learning: Cross Sell Consumer Loans to Wealth Customers

Background & Objective

Wealth management companies usually provide all kind of investment, Insurance and lending solutions to their customers. Wealth Customers usually invest in savings instruments like Mutual Funds, Equities, Debt, Structured Products and buy Insurance of various kinds for protection.… Continue reading

Finalytica May 2023 : Latest Happenings

    • According to Fortune Business Insights, the global Cloud Storage Market size is projected to reach USD 376.37 Billion by 2029, at a CAGR of 24.0% during the forecast period, 2022-2029.
    • According to Fortune Business Insights, The global healthcare predictive analytics market size hit USD 7.88 billion in 2021.
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Finalytica May 2023: Enhancing Credit Facility Through a ML Model In Credit Cards For a Large Asian Bank

Enhancing Credit Facility Through a ML Model In Credit Cards For a Large Asian Bank

Background:

The client has a credit card facility that allows the credit cardholders of good credit standing to convert a portion of their billed credit card retail balance to instalments.… Continue reading

Finalytica April 2023: Clientrator – A Complete ML Modelling & MLOps Tool

Clientrator – A Complete ML Modelling & MLOps Tool

Why the need for a ML tool?

Predictive analytics using Artificial Intelligence and including machine learning (AI & ML) is one of the fastest areas of growth in any data-centric organization. The reason behind this growth is increased adoption of the ML in all mature organization given the success from running ML based data strategies.… Continue reading

Finalytica April 2023 : Latest Happenings

    • As per the Gartner Reports, The global market for business intelligence (BI) solutions and related services, including data science and machine learning, is expected to grow from $6.5 billion in 2020 to $13.3 billion in 2023. This represents a compound annual growth rate (CAGR) of 9.1% between 2020 and 2023.
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Finalytica March 2023: Improving Collections through ML based Collections Analytics

Improving Collections through ML based Collections Analytics

Background:

Collections teams in Banks & other financial institutions often face a difficult task of deciding on the best possible steps to take for pending payments in loans & cards repayments. This usually results in the pending dues moving in various days past due (DPD) buckets.… Continue reading

Finalytica March 2023 : Latest Happenings

    • As per Fortune Business Insights, the global cloud computing market size will reach around $791.48 B by 2028, showing a CAGR of 17.9% between 2022-2028. Hence, this progressive approach has the power to transform the business landscape in the next five years.
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Finalytica Feb 2023 : Latest Happenings

    • As per the report by Research & Markets, Big Data Analytics (BDA) classifies the market into 2 major categories: Data Discovery and Visualization (DDV) and Advanced Analytics (AA). The BDA market accounted for $8.5 billion in 2017, and is expected to grow at a Compound Annual Growth Rate (CAGR) of 29.7% to $40.6 billion by 2023.
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Finalytica Feb 2023: Credit Card Behaviour Scorecard Model for a Large International Bank

Credit Card Behaviour Scorecard Model for a Large International Bank

Introduction:

One of the areas where banks usually need credit risk analytics strongly is in building behaviour based scorecards to assess the current status of customer and portfolio health check in the assets products space.… Continue reading