Steven D. Simpson, PhD, of FinTech DS+C will be in touch with you shortly with more details regarding your assessment.
FinTech DS+C analytics assessment includes:
- Assess your current business analytics initiatives
- Measure accuracy and alignment of data provided by Business Intelligence and Information Technology to the lines-of-business
- Understand how effectively the current data is being used and if it is ready to create action and recurring best practices
- Analyze if and how the financial institution is providing prescriptive lists to front line staff, such as loan officers, to assist with reaching strategic initiatives
- Monitor current measurement of best product, services and customer segment combinations
- Review current systems for tracking data segmentation that leads to retention, and trends in customer/member needs for products and services
- Evaluate the institution’s ability to transform information into an asset that leads to improved service, and fuels growth
- Track and measure return on investment of different segments and actions
How the assessment works: During the analytics assessment, a scope will be determined by reviewing your top priorities and goals. The focus may be on risk, growth, service, branch rationality or a host of other critical initiatives. First steps often include meeting with each line-of-business leader to understand goals, and how information from Business Intelligence and IT is helping your institution reach these goals. We are confident we can provide each line-of-business with over 100 direct data segment opportunities. From that point, we will advise as to the best action to help your team meet their business goals, improve service, retention and enhance the profitability of existing customers and products.
FinTech DS+C – Empower management and officers to make better decisions. Think of FinTech DS+C as experienced Chief Data, Analytics and Strategic Officers. Our expertise serves as your trusted advisor and strategic partner to the institution’s management team, and ensures the staff are maximizing their analytics’ capabilities. By tracking, measuring, and recording all performance metrics, we will demonstrate and communicate the value of your analytics product to facilitate improved decision-making across all levels of the organization.
