BFSI

We bring deep analytical and consulting expertise to our financial services clients. We help financial services companies attract new customers, streamline operations, reduce costs by applying a wide range of advanced analytics capabilities tailored to each business need. Right Steps is the partner that gets you results: improve customer base, enhanced operational efficiencies, mitigate risk and fraud detection & prevention.

  • Domain

    Banking

  • Challenges

    1. Low customer base and customer loyalty

    2. Low sales conversion Ratio

    3. Low collections and high bad debts

  • Solutions

    1. Customer profiling and segmentation

    2. Identification of key product features for targeted sales

    3. Predictive Modelling 

  • Benefits

    1. Reduction in Cost of Sales & focused channel strategy

    2. Improve Customer Lifetime Value (LTV)

    3. New customer identification & product Lines

    4. Better risk protection Strategies

    5. Early identification of potential bad debts

  • Insurance

  • 1. High customer churn and low customer base

    2. Low sales conversion ratio

    3. Frauds and regulatory complexities

     

  • 1. Customer profiling and segmentation

    2. Identification of key product features for targeted sales

    3. Loss - Padding & Geo-Spatial Analytics

    4. Forecasting and Data Mining

  • 1. New customer identification & product Lines

    2. Identification if new opportunities for customer retention

    3. Reduction in cost of sales & focused channel strategy

    4. Improve fraudulent claims identification

    5. Robust compliance and risk management