Data Analytics: How to Use Your Data for Business Decisions
Data Analytics: How to Use Your Data for Business Decisions
Banks have been collecting data on their loans, deposits and customers for years so why not use that data to better understand their risks and opportunities. Through data visualization platforms, institutions can more effectively manage its loan portfolio by assessing concentrations, credit risk and pricing strategies to successfully navigate through the current interest rate environment and potential future economic downturn. Data analytics can also provide banks with key insights surrounding its deposit base including customer demographics, growth and attrition trends and region specific opportunities to better compete in this extremely competitive deposit market all while limiting impacts to its margin. Lastly, by analyzing branch metrics, peer performance and the M&A landscape, data analytics can aide in accomplishing an institution’s strategic growth initiatives.
Mark Boettcher, Partner - Baker Tilly Virchow Krause, LLP
Sean Statz, Senior Associate - Baker Tilly Virchow Krause, LLP

Recorded June 15, 2020
You will receive a link to the recorded session and the presentation within 24-48 hours.
Discounted member price: 29.95
You could save: 70.0%