HOW BANKS USE ANALYTICS TO GET A COMPETITIVE EDGE · KPMG 2014 Banking Industry Outlook Survey 2014...
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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 SOLUTIONS PROBLEMS 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 efficiency 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 financial 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 DATA ANALYTICS COMPLIANCE AND AUDITING CUSTOMER RELATIONSHIP MANAGEMENT RISK MANAGEMENT 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 HACKERS TARGET FINANCIAL services firms 300% more than organizations in other industries 30 ONLY 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
Transcript of HOW BANKS USE ANALYTICS TO GET A COMPETITIVE EDGE · KPMG 2014 Banking Industry Outlook Survey 2014...
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
