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Hands-on Analytics For Bfsi
As the population growing in India, the financial services industry is dealing with huge amounts of data flowing faster than ever, so analytics will increasingly become the competitive differentiator among financial service companies. To get the consequential outcomes at any critical point of decision financial services industry optimizing operational decisions in core processes.
The power of data with analytics is not a new concept to the banking industry. Credit Risk Analytics taking a part of every major banking initiative, in areas ranging from customers and risk to finance, workforce, and supply chain. Just as important, analytics is most powerful when it’s not run as a series of mutually-independent programs. Of course, along the way many banks have primarily developed deep, unconnected pockets of analytics expertise within their organizations. Today, the most challenge is to develop analytic workforce, strengths that span the organization— not just pockets of expertise aligned behind single business lines. Furthermore, banks need to both external and internal data from structured and unstructured sources. That’s why analytics has taken on renewed importance recently.
At Hands-On System specialized courses designed for Banking Financial Services Industry (BFSI), which is helping the workforce of banking workforce to develop the skill of credit risk analytics, and banking or insurance data analytics using the most popular analytics tools.
Analytics can help: • Increase the capability to address and observe regulatory acquiescence • Increase clearness and understanding of risk exposures to manage the business more in point of fact • Develop a risk-adjusted view of presentation • Manage fraud efficiently • Measure customer and product productivity • Identify “high-potential” forecast and customers • Improve the ability to target products and services to projection or customers • Enhance specific fundamentals of the offer—product, pricing, channel • Allow senior administration to make informed operational decisions
The course curriculum was developed with active collaboration/involvement of industry professionals to provide the students with state of the art knowledge and practical orientation in the ﬁeld of business analytics and management. The pedagogy included case studies, presentations, role-plays, computer lab sessions etc. apart from the regular class room teaching.
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