Analytics has become an important part of every core function around us. Banks and Financial Institutions are also understanding the immense value that data-driven insights bring in. With much of the data revolving around customer behaviour, Analytics gives us key insights into understanding our target audience better.
As a result, Banks and Insurance Companies can improve their product offering, enhance customer loyalty, dish out relevant up-sell and cross-sell offerings, reinvent customer retention schemes, screen applications, simplify documentation, put a check on fraud detection and so much more.