Section 6: Analytics: The Power to Know
Analytics has opened up the world to new possibilities and consumers’ expectations are changing. Banks must adapt in the post-crisis environment by looking at their customers more closely and using data to gain further insights.
Jim Davis, SAS’s chief marketing officer, argues that customer behaviour is changing, but new marketing technologies are available for banks to better target their customers and improve relationships.
Chris Swecker, an independent consultant at Swecker Enterprises, says data is key for banks to protect themselves and their clients from fraudulent activities.
Myron Scholes, Nobel Laureate, and Alastair Sim, SAS’s senior director of marketing, reveal that risk management remains high on banks executives’ minds. They also discuss new approaches to traditional techniques.
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TheBanker: "[In LatAm] local investment opportunities have skyrocketed, making people much happier to invest within the region." Peter Yeates, HSBC23 May 2012 13:14:01
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TheBanker: Battlelines are drawn in the fight for Latam's HNWIs http://t.co/oIztd5tb #markets #banks23 May 2012 13:10:25
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TheBanker: Angola’s oil industry eyes deep water riches http://t.co/ENDGTk8H #Africa22 May 2012 11:49:59
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TheBanker: Federal Bank of India targets unbanked with safe, fast and easy payments http://t.co/sLFGCxPb #technology21 May 2012 14:13:24
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TheBanker: Mixed blessings of foreign ownership for Black Sea banks http://t.co/UJhREsjt #EBRD18 May 2012 11:24:14
