Banking Analytics: Grow with bilytica
The banking and financial services industry is experiencing reasonable turmoil due to heightened regulatory environment and changing customer behavior. Also, shrinking demand, globalization and competition are forcing the industry to aggressively look at data, drive analytics and ignite profitable growth.
As customer demands more meaningful data and expect more personalized interactions, it is imperative for banks to have the ability to differentiate clients, their needs and potential worth. Banks now need effective Big Data Analytics in Saudi Arabia to cut expensive, retain customers, reduce losses and reduce risk while complying changing laws and regulations. bilytica’s Banking Analytics Solutions in Saudi Arabia and Business Intelligence Solutions in Saudi Arabia give a deep insight of the banking procedures as well as the cash flow and investments, which helps in better financial planning.
Banks can utilize these solutions in the following ways:
- Track the value of transactions with the help of web-based tools provided for clients and sales team.
- What-if analysis is provided to help clients understand the effects of changes in investment decisions.
- With the help of user-friendly banking dashboards, you can also monitor loans and manage risks according to different regions
- Enhance customer retention, cross-selling and acquisition.
- Pricing structures are optimized.
- Allows banks to manage risk more efficiently by reducing fraud and credit losses as well as making calculated decisions.
- Through integration with relationship management architecture, customer insights are gained.
- In order to improvise reclaim rates and contact rates real-time event management is implemented.
Investment Analysis
With the help of bilytica Banking Analytics Solutions you can empower your customers with dashboards that are rich in data and have a powerful controls. You can use this solution to evaluate whether an earlier investment would have led to a substantial gain or how your scenario would have differed if you invested in an industry specific vs. a diversified portfolio. Users can quickly understand the basics of investments and make more educated decisions.
Sample dashboard below allows a potential consumer to evaluate the value of an investment made in stocks in the Dow Jones Industrial Average (DJIA). By selecting their date of investment and investment value, and defining which of the Dow Jones component stocks they are interested in investing, users can immediately see their nominal gain/losses from such investment.
Use this application to evaluate whether an earlier investment would have led to a substantial gain or how your portfolio would have looked if you invested in an industry specific vs. a diversified portfolio. Users can quickly understand the basics of investments and make more educated decisions.
Flexible Bank Dashboard
Banks need to keep a sharp eye on exactly what is happening at every level of the business. You can monitor your loans sales across the country and where you can reduce risk. You can also produce reports instantaneously for salespeople to identify and contact important accounts.
We enable you to monitor your loans sales across the country and where you can reduce risk, either by improving collections or adjusting your product mix. You can also produce reports on the fly for salespeople to identify and contact important accounts.
This dashboard allows you to drill through your loan portfolio at different levels of detail to discover what is happening in your portfolio. You can dynamically select whether to summarize results based on different geographical levels (Region, State, or Branch), whether the map shows Days Outstanding or Loan Types, and whether to focus on All Loans, Paid Loans or Outstanding Loans.
Right click on any mark to generate a detailed report for that location on the next tab.
Monitor Credit Card Inventory
Often, banks will have hundreds of different customer profiles and dozens of products across their credit portfolio. To keep losses to a minimized position bankers need to know what is happening in their portfolio at all times.
This visualization is part of a credit tracking system that allows bankers to identify problem accounts and recognize opportunities. The first tab is a view of inventory by RMS status. The user can select a code and then view average balance over time.
The second tab profiles credit usage by age group and state. Users can analyze measures like balance, number of cards, utilization and credit limit.