Xtract Advanced Analytics for Finance
With 10 years’ experience of delivering Advanced Analytics solutions for the finance sector, our solutions span everything from Best-Next-Action (BNA) analytics for boosting product marketing and cross-selling, to fraud detection across credit cards and insurance claims.
The finance sector’s rich data sets provide fertile ground for our performance-enhancing analytics that can increase your customers’ value and decrease your risk. Our Advanced Analytics solutions transform this data into clear and profitable action points. These include increasing customer value through profiling, targeting and churn prevention; plus detecting fraudulent transactions such as credit card and insurance claim fraud.
More effective marketing
Our Best-Next-Action analytics deliver:
• Improved customer acquisition.
• Increased customer value through cross- and up-selling.
• Decreased customer and product churn.
• More effective use of contact channel resources.
Fast and secure acceptance of insurance claims
Our automated claims acceptance solution is designed to integrate seamlessly with your existing claims handling processes. In one example, our solution increased our client’s fraud detection accuracy, cut the manual work rate and enabled automated payments in standard, non-fraudulent cases to be made in less than 24 hour