Management at a major international Bank wants to optimize collection strategies with the use of state-of-the-art Machine Learning algorithms.
So far the Bank has relied on traditional statistical models which no longer meet ambitious goals set by leaders of business units. The Bank wants to take insights from data using latest open-source technology including elements of Big Data and Machine Learning.
A joint team including representatives of the Bank and BD Analytics have successfully delivered required results. We have carried out related to a typical Data Science project:
As part of the project, consultants at BD Analytics conducted a number of workshops and trainings, making it easier for the Bank’s team to take over key competences required for building machine learning models.
Improvement over the current models in terms of bad clients detection
Variables analysed from 7 different sources
Results exceeded expectations!