Personalized collection strategies in a recognized international bank

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:

Business analysis
Data integration
Feature extraction
Modelling
Model assessment and documentation
Model implementation

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.