The Analytics Journey
In this fast-paced financial landscape, data-driven insights hold the key to unlocking competitive advantage. Analytics plays a pivotal role in revolutionizing decision-making, risk assessment, customer engagement, and operational efficiency. Axxiome helps navigate through the transformative potential of data analytics in the financial sector, empowering institutions to thrive amidst evolving challenges and opportunities. Are you to ready to explore informed strategies and innovation in the dynamic realm of Banking Analytics?
Make smart strategic decisions with fact-based insight by bridging the gap between raw data (including “Big Data”) and real knowledge with Axxiome's Analytic solution approach. We will help you realize your potential by improving your current capabilities and get the most out of your data to generate insights and improve your business KPIs.
Understanding of your needs in structured workshops to answer questions around:
- What types of data do key stakeholders (departments, functions) need to see and evaluate?
- What is the strategic or business need or rationale for data assessment?
Creation of High-Level Agenda/Use Cases including prioritization.
We will analyze your current analytics capabilities together with internal subject matter experts ithrough collaborative workshops and by assessing your current documentation:
- Analysis of current data and underlying technology
- Analysis of current Dashboards for presentation of data
Identification of MVP Use Cases based on structured framework (e.g. business value, current capabilities, pain points) to establish the Analytics Agenda.
TEST & PROVE
The MVP can be implemented in two ways:
- Extension of current Dashboard and Data input for Dashboards (e.g. integrated connection of more data sources than before)
- Recommended approach: Use of Axxiome Analytics Solutions and UI Framework to load data from different sources to combine and present them including insights
APPLY & EVOLVE
Enable decision makers with easy access to the information required to make smart, data-informed business decisions.
Identify and implement the additional analytics technology to achieve Analytics Agenda roadmap , including Machine Learning, AI capabilities and more.
Tools and Assets
Axxiome Data consultants will implement analytics solutions to help your organization accomplish more, faster with insightful data dashboards and applications that make data easy to find and digest.
In our joint analytics journey we will cover all aspects of analytics to achieve your goals:
- Regulatory Compliance with Privacy and Security
- Architecture and Governance
Axxiome consultants have decades of unique expertise within financial services but our consulting services and tools are industry agnostic and therefore transferable to other verticals.
- Data Warehouse Architect
- Digital Experience Expert
- Data Pipeline Developer
- Data Warehouse Performance Analyst
- Increase efficiency and productivity by automating and streamlining processes.
- Increase productivity by automating business processes.
- Maximize resource allocation by minimizing manual labor.
- Streamline workflows, locate bottlenecks and removing duplication.
FREQUENTLY ASKED QUESTIONS
- Outflow forecast
- Direct marketing
- Targeted market
- Portfolio optimization
- Fraud detection
- Document processing
- Receivable income
- Anti money laundering
- Reduction of credit default
- Customer support
- Conversational UI
- Chat Bots and integrated ML and AI
- Insights for the increase of conversion rate and cross-selling
- Strategies to increase credit approval rates
- Strategies to improve direct marketing response rates
- Analysis of marketing campaigns and reduction of related costs
- Insights into application failure and abandonment rates
- Cost reduction in customer support