How does CrowdANALYTIX help with BFSI?
CrowdANALYTIX applies the latest in data science to achieve your automation and cost reduction goals. Our solutions are deployed on a secure, scalable server and integrated via APIs. Our consultants first understand your business challenges and then custom-build a scalable solution by selecting the best models, enabled by our community of over 25,000 data scientists.
What are the benefits of working with CrowdANALYTIX?
Many AI and digital transformation initiatives fail for three primary reasons:
1) Business challenges are not translated correctly into data science problems;
2) Data is not structured and is not ready for analytics;
3) Not enough is done to eliminate biases and arrive at an optimal solution.
Our unique approach has helped several global enterprises avoid these failure points and successfully scale AI solutions.
Our 4-week program explores your unique business challenges and delivers a customized AI roadmap. Achieve AI-driven business growth via improved efficiency and new revenue streams.
You accumulate terabytes of content in the form of images, videos, audio and text. We auto-tag these documents so that you don’t need to do so manually.
Our custom platform to build, manage, and deploy a suite of AI models for your business DevelopX handles everything needed to maintain relevant, profit-boosting, swift AI models.
Making your internal models API enabled and auto-scaling. Continuous monitoring and optimization is part of the package.
How it works
Our four step process starts with defining your AI roadmap and ends with maintaining and tuning your production solutions.
We evaluate your current data and business challenges to prioritize the areas that can yield the highest, fastest ROI. We can take your business all the way from mapping out an AI strategy and structuring data, to building, managing, and deploying the most complex AI solutions.
Data is handled securely either within your premises or with appropriate anonymization and encryption.
Banking, financial services and insurance
We help financial institutions predict the cost of financial assets and minimize the risk of non-compliance and fraud.
Autonomous Master Data Management
Automatically extract structured tags, attributes from unstructured data like images, videos, audios and text.
Predict Risk of Default
Based on customer profiles, determine the probability that a customer will default and estimate when the default will happen.
Asset Pricing Optimization
Predict the price of a financial asset based on risks and customer profiles.
Evaluate transactions to determine and flag anomalous transactions for further scrutiny by fraud experts.
Customer Churn Prediction
Predict which customers are likely to churn and recommend specific interventions based on the factors influencing each customer’s decision.
Identify Upsell Opportunities
Analyze customer behavior and determine opportunities to upsell new products for each customer.
Predict flight risk of employees and prescribe recommendations to maximize retention and productivity.
Customer Feedback Analytics
Automate analysis of customer feedback to influence product design, marketing, store layout and other business decisions to make shopping easier.
Predict Cost of Insurance
Predict cost of high value claims like worker’s compensation claims to influence pricing and early interventions to minimize cost.
Case Studies: Banking, financial services and insurance
Mid-sized US Bank
Predict loan default risk and loan loss across assets and customer classes.
Top Insurer of Worker’s Compensation Claims
Predict the cost of worker’s compensation claims based on over hundred factors and performance over the last ten years.
Top US Insurer
Predict probability of a claim being rejected right at the hospital desk and recommend remedies to minimize these denials.
Medical Practitioner Fraud Detection
Customized dashboard enabled the client to identify physicians with higher risk and easily integrate it in the claims process.
External Risk Assessment
Assessment of external risk factors to determine compliance risk for banks.