Financial Services

Business Analytics

Accelerating growth with Data and Analytics

Our goal is to help organisations in the Financial Services industry to transform their current offering into modern digital experiences while optimizing processes to boost engagement and ensure lasting relationships with their clients.

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Is your organisation ready to monetize the potential of your data?

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Data and Analytics Solutions for the Financial Services Industry

Discover our Data Analytics solutions that can help you make smart investments, focusing on reduced data point complexity to deliver business insights and identify growth drivers. Analyze the overall financial results including sales, cost, profits and more from different tables. Migrate from traditional reports to advanced platforms such as Microsoft Power BI, Tableau, Qlik and many others which will provide interactive visualizations and a holistic view of your most important data.

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business analytics

Data Analytics in the Financial Services Industry

Deliver a winning customer experience through improved segmentation and targeted solutions that can enhance risk estimation in underwriting, thus reducing the cost of claims and identifying new sources of sustainable growth.

Predictive Analytics is both revolutionary and evolutionary in the context of an insurer’s, a bank’s or a digital lender’s three major business areas: marketing, underwriting, and claims.

Business Analytics for Marketing

Segmentation

Business Analytics tools enable to prepare segment-wise reports, according to which marketing teams can determine where to concentrate resources while identifying optimum campaign segmentation.

Marketing Mix Optimization

The 4Ps of marketing: product, place, price and promotion help sales managers determine the right mix that can result into optimum sales.

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Business Analytics for Underwriting

Precise Pricing, Enhanced Value

In the new Underwriting paradigm, the actuary can complement traditional questions with scientific questions that drive better risk decisions.

Real-time Analytics with big data

Faster screening of new claims: analyze past customers and customer groups in order to establish a screening model to measure new applicants against.

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Business Analytics for Claims

Fraud
Analyze trends to identify and predict future fraud activity by individuals and groups.

Claims dimensions
Assess likely claims by size of settlement, allocating internal resources to higher priority claims.

Improving Decisions in the Claims
Management Process

There are many decision points across the claims management process that can benefit from the foresight that predictive analytics provides.

 

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Why incorporate a data-driven strategy into your financial services processes?

  • Boost profitability
  • Boost productivity
  • Boost customer satisfaction and retention

All of the above benefits are part of the same foundation that makes your organisation successful. Utilizing data to strengthen these organisational pillars can ensure the long-term success of your organisation.

Data Visualization

An innovation in the way analysts work with data: react to issues more rapidly, look at data differently, more imaginatively using data exploration tools.

Predictive Modelling & Advanced Analytics

Automating strategic and operational insights through Machine Learning, AI, Data Science, Advanced Mathematical and Statistical Analysis and Modelling.

Data as a Service

Our plug and play dashboards are built in Power BI and ready to be placed on top of a standard data lake, delivered through the cloud with Microsoft Azure. This accelerator is delivered through a subscription under the Data as a Service model.

Machine Learning

Develop and train algorithms to determine predictive customer behavior, mitigate risk and automate fraud detection.

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Articles & Insights

Data Culture of Continuous Innovation

By 2021, “80 percent of midsize to large enterprises will change their culture as a way to accelerate their digital transformation strategy” (Gartner).

Consulting

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Software Engineering: how we work

We care and contribute, not just execute. We also stand out with excellent domain specialization as well as expertise in modern digital technologies

Media

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Setting yourself up for success aka the S.E.T. Program

Recently we've launched the “S.E.T. for Success” Program under the motto "accelerate your emotional transformation". We've invited one of our mentors to share his motivations to join the program.

News

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Getting comfortable outside your comfort zone

We've invited Alexandra to share her personal experience with the Softelligence Train and Hire program, as a graduate of the internship who has chosen to start her career with us.

News

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Software Internship Opportunities

Softelligence internship programs offer training in modern software practices, career development, rewards, senior leadership, and meaningful coding skills.

News

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Softelligence Academy: what's it like

We've invited Ligia, one of our most recent graduates to share her personal experience with the internship.

News

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10 Ways AI is Transforming Insurance

63% of insurance executives believe that the entire industry will be transformed by intelligent technologies.

Industry Reports

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Choosing the Right Self-Service Analytics Platform for Your Organisation

Let's have a look at a side-by-side comparison of Microsoft Power BI and Tableau to meet the self-service analytics needs of medium to large-scale organisations that seek to make data-driven decisions.

Consulting

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Interview: Digital is not an abstract concept

Whether we are talking about adoption rates of new technologies or adaptation to new processes, the human aspect...

Media

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Softelligence joins the MGAA as Supplier Member

Starting June 2019, Softelligence is a registered Supplier Member with the Managing General Agents’ Association (MGAA).

News

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Using AI to Optimize Customer Experience

Consumers are existing in an increasingly digitized world and their expectations are being set accordingly...

Digital Transformation

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Bucharest AI Night

The Global AI Night is a free evening event organized by 60 communities all over the world that are passionate about Artificial Intelligence on Microsoft Azure

Events

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How we operate: discover our D.A.T.A. Framework

Explore a new operating model for digital transformation: Digital Agents for Transformation Acceleration.

Digital Transformation

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Get in touch

We can help you drive your data-driven capabilities to the next level by building, managing and optimizing your Business Intelligence strategy using state-of-the-art-technology.

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