Banking & Finance Use Cases
For risk managers, using big data and risk analytics provides an unprecedented ability to identify, measure, and mitigate risk.
Adopting a clear, consistent scoring policy enables credit managers to compare customer performance and historical trend analysis without pattern exceptions. Most importantly, individual credit scores can be used to segment customers.
Trading Exchange Forecasting
Using features such as the latest announcements about an organization, their quarterly revenue results, etc., machine learning techniques have the potential to uncover patterns and insights that we haven’t see before, and these can be used to make unerringly accurate predictions.
Property and Casualty Subrogation Analytics
Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.
Credit Risk Modeling
The Credit Risk Modelling solution helps banks and financial institutions to access and administer present and future credit risk exposure across various assets classes.
Document Retrieval Using Deep Neural Networks
The document retrieval system creates articles and blogs from millions of internal as well as external documents (PDFs, business and financial news, reports, etc.) by querying the corpus and retrieving relevant paragraphs and sections from reference materials.