Banks need to manage risk – constant pressure from competitors, growing governance and regulatory requirements, increasing costs, fraud or customer defaults. AI/ML enables you to discover hidden risk factors and patterns from a massive amount of data, allowing you to control risk faster and more dynamically.
Whether it is consumer, commercial, or investment banking, your bank must know your clients’ unique needs and offer tailored solutions. Predict default risk, detect transaction fraud, prevent payment failure, and decrease customer churn by leveraging AI automation from dotData.
When global bank SMBC needed to accelerate its AI and Machine Learning development, they looked at 3,000+ companies and evaluated over 30. Learn why they chose dotData.
Build target customer profiles by combining basic attribute data with historical data on deposits, withdrawals, credit card payments, and other transaction histories to tailor marketing campaigns.
Build models for high-value prospects that are based on consumer behavior and attributes. Provide sales with in-depth knowledge of how your bank can cater to specific target customers to boost sales traction and customer satisfaction.
Increase sales revenue and customer lifetime value by creating campaigns and product offerings that are highly tailored and easier to sell.
Build predictive models that anticipate the unique needs of business customers by industry, size, and other demographic data. Create products and services that are highly tailored based on predictive patterns built through historical data.
Create more predictive and efficient forecast models for B2B tailored products and services. Boost conversion rates by building offerings that are well suited for unique client needs.
Deepen customer relationships by building more tailored product offerings and by identifying clients’ needs based on profiles and historical information.
Create models that predict at-risk clients by using historical criteria like delinquency, credit downgrades for clients and by leveraging information on basic client demographic data, deposit histories, withdrawals, loan details, etc.
Identify factors that influence delinquency and credit downgrades by analyzing historical transaction data and associated demographic data. Detect risk quickly and build criteria for high-risk sources.
Reduce defaults due to credit risk or changes in credit profiles. Identify at-risk clients early and intervene to minimize defaults.
Forecast cash demand for all your ATM locations by leveraging historical demand data, location information, calendar, and high-impact events like paydays. Prevent ATM shutdowns due to insufficient funds while reducing capital costs associated with excessive funding.
Achieve greater levels of operational efficiency by predicting levels of currency needed at individual locations through historical analysis and by building daily demand models on a month-to-month basis.
Lower ATM outages by preventing cashout situations and lower operating costs by lowering on-hand capital necessary and by adjusting to demand and seasonality.
Understanding what products you need, when you need them and what markets you should prioritize is a critical part of running a modern bank.
Leverage historical sales data along with customer demographics to build predictive models of future product demand to optimize your product portfolio based on ideal customer profiles.
Forecast interest rate changes, product demand, loan types and understand cash-flow requirements at both the branch as well as organizational level.
Leverage basic employee attributes as well as historical data derived from aptitude testing, attendance, performance evaluations, training history, etc. to build KPI-driven predictive models of employee performance.
Identify characteristics of high-performing as well as at-risk employees based on historical and demographic data. Create models by employee type that can then be aligned with actual performance on an ongoing basis.
Improve employee performance by focusing on key performance indicators that boost performance and morale. Lower attrition by minimizing at-risk patterns that lead to employee exits.
Take your AI experiments to the next level without worrying about infrastructure with the most powerful Cloud-based No-Code AI solution.
Develop and deploy predictive analytics models in record time with the power of Automated Feature Engineering and No-Code AI Development.
Build better ML models with better features. Augment your hand-built features with Automated Feature Engineering fully integrated in your Python Environment.
Deploy models in real-time applications quickly and seamlessly with the power and speed of dotData Stream.
Experience the power of dotData
Get a personalized demo of our products, tailored to your needs
Reach out directly to our sales team with any questions