Banking Analytics Solutions | Data Analytics for Investment & Retail Banking and Financial Services Company

A Data-driven Force Multiplier for Banking Analytics

The global banking industry is at a crucial tipping point. On the one hand, there is enormous value to be created by unlocking the potential of their data. Advanced and intelligent banking and financial analytics enables them to overcome the challenges of shrinking margins, high cost-to-serve, intense competition and stringent regulations. On the other hand, they struggle with this question ‒ how can they scale up their data and analytics capabilities at speed to power significant change?

WNS partners with leading banking, financial services and FinTechs worldwide to accelerate their analytics-led transformation for a digital era. Our comprehensive portfolio of advanced analytics solutions combines the forces of banking expertise, AI, hyperautomation and digital excellence to drive transformation for clients.

Success Stories

WNS’ Master Data Management (MDM) solutions enabled a consolidated view of customer data for a global wealth management bank resulting in ~50 percent lower risk incidents and 95 percent data quality score by reducing duplicates and data anomalies

Leading American bank leveraged reduced bad loans and improved regulatory compliance through WNS’ advanced analytics solution to reduce the overall cost, cut down the credit decision cycle time by 45 percent and achieve 98 percent accuracy in credit decision-making

Data-driven insights enabled a UK-based foreign exchange and global payments service provider to achieve 30 percent customer retention through targeted campaigns

Testimonials

“Our relationship with WNS has been characterized by them being a true strategic partner to us. I have been exceptionally impressed by the way in which the WNS team has helped us. They rose to the challenge, they worked with us on a daily basis and continue to do so in a true spirit of partnership and collaboration.”

Nico Barnard, Head of Operations, Prodigy Finance

“WNS and M&T are co-creating solutions that will be vitally important to our mutual success. We think of WNS as part of our team – in WNS we have a partner that will help us become successful in what we do today and in the future.”

Chris Tolomeo, Senior Vice President & Head of Banking Services, M&T Bank

“WNS has enabled our team to deliver high-quality files within tight deadlines to make sure that now we are able to execute more campaigns with a much-improved response rate. The campaign model and training framework created by WNS are now employed at our end to upskill our resources. I wanted to express my sincerest appreciation to the entire WNS team for assisting us with delivering our CPU model early. We got a great initial response to our PWM campaigns, first few sales average $5000 of revenue on each sale.”

A Leading Retail Bank

Services

Financial Research

Banks need in-depth financial research to develop a better understanding of their customers and make insight-based business decisions.

WNS’ Financial Research teams offer in-depth research on industry trends and developments, competitive landscaping, the regulatory environment and market-entry strategies.

Credit Risk and Collection Analytics

It is important for banks to regulate their risk exposure and keep it within acceptable and reasonable benchmarks. The key to making this happen lies in the quality and speed of credit risk assessment.

WNS’ analytics offerings for the credit service value chain cover end-to-end retail / commercial credit and collections optimization. Our services include credit screening and scoring, credit and collections modeling, and credit portfolio monitoring.

Model Risk Management

More than ever before, banks and financial institutions must urgently review their model strategies to develop efficient short-term actions and long-term plans to improve model resilience.

The WNS Model Risk Management Center of Excellence (CoE) supports clients in every aspect of the modeling ecosystem by addressing the imperatives of Basel guidelines, CCAR and D-FAST requirements, along with the local regulatory needs.

Fraud Analytics

Financial organizations must not only detect and mitigate fraudulent activity in real-time, but also predict future fraudulent behavior.

WNS’ Fraud Analytics solutions ‒ demand and risk forecasting, financial risk modeling, forensic / audit analytics, and third-party risk modeling ‒ enable banks to detect identity fraud, credit card fraud, and mortgage fraud as well as to design predictive scorecards based on trends and patterns.

Reporting and Visualization

Streamlining reporting processes and improving data quality enable banks to have consistently accurate insights for effective decision-making on a real-time or near-real-time basis.

WNS’ BI and Visualization solutions provide compelling and easy-to-navigate data stories for businesses and deliver contextual intelligence on various business scenarios. This brings consistency as the single source of functional and operational reporting across the organization.

Customer Analytics

For banks and financial institutions, data-driven analysis can unlock a deep understanding of their customers to drive growth and multifold returns on investment.

WNS’ Customer Analytics solutions enable banks and financial institutions to acquire new customers, identify customers at risk of attrition, and design segment-based retention strategies. Our solutions suite also helps enhance customer engagement with products and services through cross-sell and up-sell propositions.

Solutions

Financial and Business Research

M&A Advisory
Financial Due Diligence
Investment Research
Credit Research
Company Research
Industry Research
Library Services
Documentation Services

Fraud Analytics

Identity Fraud Detection
Merchant Fraud Detection
Buyer Fraud Detection
Fraud Prediction
Social Network Analytics (SNA)