10%-15% increase in the overall model accuracy resulting in a higher cross-sell ratio (from 1.2%)
Overview
The banking sector will be one of the most critical players in the post COVID-19 world and has the power and responsibility to orchestrate a strong global response to the emerging economic implications. Banks are now starting to move beyond just ensuring business continuity and are beginning to develop new capabilities to guide customers, partners, and the larger society through the crisis and beyond.
To navigate through these challenging times, we recommend initiatives to support customers, manage the business, reinforce confidence in the organization, and support in strengthening the economy and society.
Customer challenges
- Bring your bank to the customers with more personalized interactions
- Manage risk & simplify processes
- Technology modernization
Expected business impact​
- 450+ projects delivered for 150+ end clients across 40+ markets
- Delivered value of $10B+ annual POS spend increase opportunity identified across clients and cost savings of $1.5M for client via process automations
Success stories
Success metrics
- Improvement in Model Development Life Cycle Time - 50%
- Reduction in Average Onboarding/Ramp Time - 75%
- Reduction in Average Transition Impact from Offboarding/Leave - 90%
- Reduction in Required IT DevOps/Support/Administration Effort - 85%
Key areas of expertise
- Business Unit - Retail, Payments, Wealth, Commercial banking , Asset management
- Functional Unit - Client Personalization, Sales, Marketing, Data & Cloud Tech, Intelligent automation, Risk, Fraud, Collections