HOW BANKS USE ANALYTICS TO GET A COMPETITIVE EDGE

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Transcript of HOW BANKS USE ANALYTICS TO GET A COMPETITIVE EDGE

of North American banks make extensive use of analytics to manage their credit risks

More than 1/3 of bank customers buy a product from a competing bank each year

securityplanet.com, 2015 Hackers Make Financial Services Firms Top Target

Accenture: 2015 Global Risk Management Study

Bain & Company: 2014 Customer Loyalty in Retail Banking

KPMG 2014 Banking Industry Outlook Survey

2014 Economist Intelligence Unit survey

SOLUTIONSPROBLEMS

MicroStrategy helps banks quickly

analyze and act upon massive amounts of

customer, transactional, and operational data

by arming them with sophisticated analytics

and easy-to-understand visualizations.

MicroStrategy increases the e�ciency of

compliance departments by enabling banks

to easily identify, analyze, and report on

activities and trends related to regulatory and

disclosure issues.

MicroStrategy helps banks reduce the credit

risks and �nancial costs associated with debt

defaults by delivering advanced analytics that can

quickly identify high-risk borrowers.

Usher provides banks with strong, multi-factor

authentication to ensure the security of sensitive

data and mission-critical systems.

MicroStrategy provides executives,

wealth advisors, commercial bankers, and

retail branch employees with real-time

insights into their customers. Use this data to:

• Identify new opportunities

• Build loyalty

• Drive revenue growth

TASKS

Leading banking organizations across the globe rely on MicroStrategy Analytics to reduce costs, drive revenue, enrich the customer experience, and manage risk and regulatory requirements. Learn more at microstrategy.com/solutions/fsi

BIG DATAANALYTICS

COMPLIANCEAND AUDITING

CUSTOMER RELATIONSHIP MANAGEMENT

RISKMANAGEMENT

SECURITY

60% of U.S. bankers report that regulatory requirements account for upwards of 10% of their total operating costs

only 41% of banks use

predictive analytics and visualizations to

turn their big data into actionable insights

HACKERSTARGET FINANCIAL services �rms

300% more than organizations in other industries

30ONLY

In this era of unprecedented economic, regulatory, and technological change, banking institutions need a powerful,

agile, and secure analytics solution that can help them transform their data into a lasting competitive advantage.

BANK A BANK B

HOW BANKS USE ANALYTICS TO GET A COMPETITIVE EDGE