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Financial Services Data Solutions

Top 8 Use Cases of Machine Learning in Financial Services

Introduction Benefits Reviews Case Studies Services Insights Speak to an Expert

INTRODUCTION

Advanced Data Science and Analytics in the Financial Services sector

Machine Learning and Advanced Analytics provides endless opportunities for the Financial Services sector. Machine learning has revolutionized the financial services sector, offering numerous benefits to organizations operating within this industry. By leveraging powerful algorithms and advanced data analytics techniques, machine learning enables financial institutions to make more informed decisions, improve risk management, and enhance customer experiences.

BENEFITS

How can Calligo help the Financial Services Sector?

Fraud Detection

Fraud detection reduces losses from fraudulent transactions and loan applications.

Automated Data Extraction

Automated data entry reduces labour costs and limits errors from human data entry.

Customer Segmentation

Grouping customers allows for more effective marketing, a more profitable product selection, lower risks, and better understanding of where expansion should occur.

Risk-Assessment and Underwriting

Accurately predicting risk reduces the likelihood of financial loss and enables more reliable revenue streams.

Return on Investments

Capturing the best return from a marketing effort yields immediate revenue gains, but it also informs business strategy and focuses future marketing efforts.

Product Recommendations

Product recommendations generate additional revenue from an existing customer base.

Targeted Marketing

Targeted marketing reduces marketing costs, increases revenue, and delivers new low-risk customers.

Data Anonymisation

Anonymising company data positions to utilise or sell their customer data while protecting against large expenses incurred from data loss.

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REVIEWS

See what our clients say about us

The difference working with Calligo was the team’s mindset. They looked at the problem entirely as a commercial question, not as a data science challenge applied in a business context. And it worked.”

Bo Oslen
Microsoft

Our Solve My Bycatch Problem tool is a resource for fisheries stakeholders to understand how to reduce risk to vulnerable ocean wildlife. But it’s only really valuable if people use it. The eye-catching design and easy user interface that Calligo created will help ensure that the right people get the information they need.

Kathryn Novak
Sustainable Fisheries Partnership

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