BANKING AND FINANCE
OPTIMIZE TODAY CAPITALISE TOMORROW

WHAT WE SEE

The Banking and Financial Services industry is undergoing a significant transformation while managing challenges on several fronts: elusive growth, thinning ROE and margins, evolving regulatory environment, changing customer needs and increased threats from non-traditional players. The Industry is facing the difficult task of providing applications and software that are complaint and risk-free owing to the rapid globalization across the globe. Leading BFS establishments are also looking beyond compliance to optimize their business and enhance financial performance despite all the risk and stringent regulations across the financial industry. It is also witnessing a transformation toward a consumer-centric environment to improve market liquidity and reduce business leverage. However, in the process to improve risk management capabilities, several factors are hampering the growth of this sector including stringent government regulations, growing frequency of digitization. With innovations taking place in the BFS sector, it becomes imperative for the banks and financial service companies to increase their infrastructure capabilities to ensure the operation runs smoothly. Organizations need to simultaneously devise new solutions to maximize value creation, while minimizing internal disruption. Moreover, with the growing competition in the BFS space, leading players must refine and modernize their existing models to spur agility and remain competitive in the marketplace.

OUR SOLUTIONS

By establishing Analytics as a true business discipline, Banks and Financial Services Organisations can grasp the enormous potential

FINANCIAL RISK MODELLING

MODEL RISK MANAGEMENT

RISK ANALYTICS

CUSTOMER ANALYTICS

Our Advanced Analytics solutions enable BFS clients to outclass challenges regarding increasing customer acquisition costs and declining customer satisfaction. We use industry-specific analytics tools and methodologies to deliver a comprehensive range of analytics services to our clients.

OUR OFFERINGS

VIAPROM’S understanding of Analytics of 5C’s [Compliance, Competition, Complexity, Customization and Circumvention] in BFS industry helps our Clients to positions themselves for making most out of the opportunity & prepares to be business ready for the upcoming stream of disruptive innovation in this industry

Financial Risk Modeling

VIAPROM offers a full range of advisory solutions to help financial institutions with analytics and the development, deployment, and maintenance of models used for risk management, valuation, and financial/regulatory reporting purposes. We deliver comprehensive analytics and model development expertise across credit risk, market risk, and operational risk areas.

Our Solutions includes:

  • CCAR/DFAST, credit risk, PPNR, and market risk model development
  • CECL/IFRS-9 methodology and model development
  • Valuation services
  • Customized modeling and analytics services

Model Risk Management

VIAPROM offers a full range of advisory services to assist financial institutions with identifying and managing the model risks associated with models used for risk management, valuation, and financial/regulatory reporting purposes.

Our Solutions includes:

  • Design and development of model risk management and model governance programs
  • Evaluation of existing model risk management programs for effectiveness and for consistency with regulatory expectations and industry leading practices
  • Testing of model risk management framework design and operating effectiveness for Internal Audit
  • Assistance with independent model validations for a wide range of model types

Risk Analytics

VIAPROM’s Risk Analytics solutions help Financial Institutions identify and respond to risks, address regulatory requirements, and strengthen analytics and risk management. We specialize in comprehensive risk analytics services across AML, trade surveillance, fraud, fair lending, and sales practices.

Our Solutions includes:

  • Independent model validation for a wide range of Compliance model types - AML transaction monitoring, customer risk scoring, alert risk scoring, sanctions screening, fraud monitoring and trade surveillance
  • Compliance model parameter calibration and optimization
  • Compliance model governance program design and deployment
  • Design and enhancement of transaction monitoring scenarios
  • Development of AML customer risk scoring model
  • Development of alert risk scoring models
  • Fair lending risk assessments
  • Sales practices assessments & analytics

Customer Analytics

VIAPROM’s Customer Analytics solutions help Financial Institutions drive new growth, facilitate better customer engagement, and support customer-centric business transformation.

Our Solutions includes:

  • Customer Life Time Value analytics
  • Customer Segmentation
  • Digital propensity targeting and consumer scoring
  • Innovative collections strategies
  • Marketing investment optimization
  • Proactive complaints management
  • Retention Analytics
  • Strategic pricing simulator

SUCCESS STORIES

Our Data Science and Analytics Solutions has helped Banking and Finance companies to grow manifold

WHAT WE DO

VIAPROM covers the entire spectrum of Data and Analytics in an organization from Insights to Modelling, Artificial Intelligence to Machine Learning. VIAPROM also helps organisation to adopt scientific decision-making in all aspects of operations through stellar technology and equitable consulting.

WHAT WE THINK

Many organizations claim that their business decisions are data-driven. But they often use the term "data-driven" to mean reporting key performance metrics based on historical data — and using analysis of these metrics to support and justify business decisions that will, hopefully, lead to desired business outcomes. While this is a good start, it is no longer enough. Data is the raw material for any decision, and that data comes from both within and outside the enterprise. It exists everywhere: at rest, in motion, on-premises and in the cloud. Data volume, variety and velocity is ever-increasing. To capitalize on opportunities that can be identified, data and analytics are taking on a more active and dynamic role in powering the activities of the entire organization, not just reflecting where it's been.

CONNECT WITH US

Let’s connect to know how VIAPROM can help you build an
Data and Analytics driven Enterprise