Financial Services

Data and Business
Analytics Services

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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What is Data Analytics?

As the word suggests Data Analytics refers to the techniques and tools to analyze data with the goal of enhancing business productivity. In this way, data is extracted from various sources and is categorized to analyze different behavioral patterns.

In the past, companies may have used data following these steps: gather data, decide what it means, and figure out how to apply it.

The evolution of business analytics has led to a digitally transformed process that will help you more easily identify what insights are required to fuel your business decisions, decide what kind of information would produce those insights, and, ultimately, which data sources would provide that information.

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.

How can we help you?

If you are looking for a strategic partner who can help you narrow down your focus, create custom visualizations, automate reporting, and enable your end-users, learn more about our Data and Analytics solutions.

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.
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Predictive Modelling & Advanced Analytics

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

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

How COVID-19 accelerates the rise of digital banking

How will the post-pandemic business landscape accelerate digital banking and deliver it to day-to-day practice?

Insight

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CIR accreditation for cross-border R&D projects

We're honored to receive the CIR accreditation as an organization carrying out research and development work from the French Government.

News

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Business continuity measures & COVID-19

In this regard we have instituted a set of measures across the company to mitigate risks.

NEWS

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The 2020 Global Outsourcing 100®

We're listed in IAOP's Top 2020 Global Outsourcing 100 in the Rising Star category for 2020.

News

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Delivering an AI project

What is AI, why and when should we use AI if we want to deliver an operational efficiency?

Best Practices

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Internship opportunities in Bucharest

Technology is growing at a fast pace, and we, at Softelligence, are growing along with it! That’s why we invite you to join our academy program.

News

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Our framework for Software Development

We’ve crafted a set of methods, best practices, and recommended tools, that offer fast delivery and full visibility into the development progress.

Best Practices

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20 Trends for 2020

While digital transformation has been on the agenda for years, 2020 is predicted to be a crucial time to accelerate and deploy it across industries.

Consulting

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Get to know our new Head of Talent

Head of Talent isn't just a job title on paper, it’s a challenge, a piece of a bigger picture, along with flexibility, creativity and patience.

NEWS

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Dashboards: The Ultimate 15 Point Checklist

A business dashboard needs to be user-friendly and support the decision-making process. To help you on the journey towards achieving growth with data, we will delve into 15 dashboard design principles to help you develop comprehensive dashboards.

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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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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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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Our offices

Meet us in person. Please use the contact information to schedule a discussion in one of our office locations.

global hq & uk office

London, United Kingdom

1 Royal Exchange Avenue,
EC3V 3LT

romania hq & delivery center

Bucharest, Romania

4D Gara Herastrau Street, 2nd Floor
Building C, 020334

+40 31 425 19 08

engineering delivery center

Craiova, Romania

30 Stirbei Voda Blvd,
Malmo Business Center, 200423

+40 35 142 36 80

let’s get in touch

E-mail us at

accelerate@softelligence.net