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Case Studies

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Unify customer data for a 360° view

Unify customer data for a 360° view

Unify customer data for a 360° view

How Dcrypt’s fuzzy matching enhanced accuracy and expanded coverage

How Dcrypt’s fuzzy matching enhanced accuracy and expanded coverage

Enhanced candidate tracking

Higher matching accuracy

Improved efficiency

Data-driven advantage

The challenge

Breaking barriers in data matching

One of the worlds largest providers of credit information and information management services aimed to develop a sophisticated algorithm to accurately link names and addresses across multiple datasets. The goal was to enhance match accuracy while minimizing misclassification rates, ultimately driving measurable performance improvements.

Key challenges

  • Data mismatches across sources

  • Sought to reduce false matches

  • Needed standardization for a unified view

  • Required efficient handling of large datasets

The solution

Data standardization and structuring

Advanced matching

Fuzzy matching with Levenshtein and tokens

Improved accuracy and recall

Heuristics-based scoring

Data processing

Standardizes data

Segments addresses

Ensures consistency

Implementation approach

1

Standardization

  • Formats data

  • Prepares for fuzzy matching

  • Removes inconsistencies

2

Address matching

  • Verifies names

  • Filters by postcode

  • Matches top 100 results

3

Optimized output

  • Scores and ranks matches

  • Selects best matches

  • Enhances accuracy

The impact

Enhanced accuracy and coverage

Wider coverage

  • Captured missed data

  • Strengthened credit ratings

  • Tracked 80M more candidates

Higher accuracy

  • Matching up by 7%

  • Increased to 81.2

  • Reduced errors

Better performance

  • Faster, reliable matches

  • Optimized efficiency

  • Better decisions

Looking ahead

Further accuracy gains

  • Continuously refining matching algorithms

Scalability and expansion

  • Enhancing systems to handle larger datasets

Advanced AI integration

  • Leveraging AI for smarter data processing