A mid-size bank in Northeast USA was looking to revamp its risk management practices before they planned for an aggressive expansion. The bank was looking to apply advanced analytics in order to support lending application and behavior models.
The bank hired our Financial Risk Management and Governance professionals in order to improve its retail lending models and its model governance practices for a variety of retail asset classes. Moreover, our professionals helped identify avenues for improving credit card marketing campaigns utilizing data and their experience in credit card application models.
The bank was able to reduce its loss provisioning account by over 10% by securing low risk borrowers. Moreover, better targeting of customers has helped generate significantly more revenue from credit cards while keeping a lean budget.
A mid-size bank in Northeast USA was looking to revamp its risk management practices before they planned for an aggressive expansion. The bank was looking to apply advanced analytics in order to support lending application and behavior models.
The bank hired our Financial Risk Management and Governance professionals in order to improve its retail lending models and its model governance practices for a variety of retail asset classes. Moreover, our professionals helped identify avenues for improving credit card marketing campaigns utilizing data and their experience in credit card application models.
The bank was able to reduce its loss provisioning account by over 10% by securing low risk borrowers. Moreover, better targeting of customers has helped generate significantly more revenue from credit cards while keeping a lean budget.
Headquartered in New Jersey, Rang Technologies has dedicated over a decade delivering innovative solutions and best talent to help businesses get the most out of the latest technologies in their digital transformation journey. Rang Technologies has grown to become a global leader in Analytics, Data Science, Artificial Intelligence, Machine Learning, Salesforce CRM, Cloud, DevOps, Internet of Things (IoT), Cybersecurity, IT Consulting and Staffing, and Corporate Training. Our clients, which include Fortune 500 to Start-up companies, come from a wide array of industries, including pharmaceuticals, healthcare, retail, technology, BFSI, media, automobile, manufacturing, and several others. Our clients know they can rely on Rang Technologies to deliver customized and comprehensive digital solutions and talent to complement their business and technical objectives.
