Case Study

Using decision intelligence to identify prospective customers 

Data | Banks | London

The Background

  • A large global investment bank sought to identify new business opportunities across its group businesses to drive significant revenue growth by leveraging the scale and relationships of its wholesale banking business

  • Having already successfully deployed the Quantexa solution for several risk-related use cases, the bank saw an opportunity to further utilize the solution's decision intelligence capability to drive business growth

The Challenge

  • Creating a unified view of entities across business lines, and a resulting connected hierarchy view of ‘unbanked’ Parent and Subsidiary relationships

  • Creating a view of company connections and individual-to-corporate connections

The Approach

  • Leverage the bank’s existing Quantexa solution platform

  • Provision of a Quantexa, NextWave, and client team (team of 12)

  • Solution Design, Scope, and Delivery Planning

  • Delivery of new scores using the new Quantexa ’Assess Scoring Framework’

  • The solution approach required Data Sourcing and Ingestion, Entity Network Resolution Generation, Graph Script, Scoring, Task Loading and Re-alerting

The Impact

  • Deployed to production, a significant number of client and non-client prospective connections and referral points were identified

  • The newly created scores are reusable to support other use-case solutions


Related Case Studies

Big data engineering

Data | Banks

Data strategy for a global reinsurance business

Strategy & Data | Insurers & Growth Companies

Trade based money laundering detection

Data | Banks

Data and technology strategy for a leading insurance and technology group

Strategy | Insurers & Tech

Trade anti-money laundering for a major Japanese investment bank

Data | Banks

Corresponding banking: Improving Transaction Monitoring Controls (TMC)

Data | Banks

Interested in digital acceleration?

Subscribe to NextWave for occasional email updates on the latest technology, acceleration approaches, news and NextWave events. You can unsubscribe from these communications at any time.

Subscribe for our latest updates