The Advisory practice works collaboratively with our clients to enhance their ability to solve complex business problems by exploiting data.
In Europe, more than a dozen banks have replaced older statistical-modeling approaches with machine-learning techniques and, in some cases, experienced 10 percent increases in sales of new products, 20 percent savings in capital expenditures, 20 percent increases in cash collections, and 20 percent declines in churn. The banks have achieved these gains by devising new recommendation engines for clients in retailing and in small and medium-sized companies. They have also built micro targeted models that more accurately forecast who will cancel service or default on their loans, and how best to intervene.
If you don't have data scientists or ML specialists we will :