Round Table on Using data analytics storybook to define your business playbook

Zinnov Executive Roundtable Series in Digital Transformation

November 18th, 2015

Chicago

Roudtable

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Zinnov invites you a roundtable event focused on understanding the role of advanced analytics applications in Banking, Financial Services, Insurance, and Retail sectors. Stakeholders from these sectors, as well as technology providers, service providers, and start-ups will get together to discuss current and upcoming trends related to advanced analytics. Moderated by Praveen Bhadada, Global Practice Head for Digital Excellence Practice at Zinnov, the roundtable will focus on discussing the following topics:

  • What is Advanced Analytics
  • Applications of Advanced Analytics at Banking, Financial Services, Insurance, and Retail companies
  • Digital Mavericks and Advanced Analytics – Case Study
  • Key players – Advanced Analytics Solutions

Participants:

  • Banking, Financial Services, Insurance, and Retail companies
  • Technology Providers (offering Advanced Analytics solutions)
  • Service Providers (implementing Advanced Analytics solutions)
  • Start-ups (offering Advanced Analytics solutions)

Concept:

The objective of the roundtable is to invite the abovementioned participants to a forum aimed at communicating and exchanging ideas around applications of advanced analytics in the BFSI and Retail sector. Described below are the sections of the roundtable.

Section 1: What is Advanced Analytics

In this section, an overview of advanced analytics will be given, followed by a brief narrative on the types of Advanced Analytics applications relevant for BFSI and retail companies. There are eight types of advanced analytics applications that can be used by BFSI and Retail companies, and speaker(s) from Zinnov will kick off the session explaining application of each of them. Types of advanced analytics applications that include:

§ Big Data Analytics
§ Social Analytics
§ Visual Analytics
§ Customer Analytics
§ Risk Analytics
§ Business Analytics
§ Statistical Analytics
§ Predictive Modelling

Section 2: Applications of Advanced Analytics at Banking, Financial Services, Insurance, and Retail companies

In this section, end applications of advanced analytics will be briefly explained. Currently, advanced analytics is being used at banks and retailers for the following:

Relevant to Banks:
§ Regulatory reform
§ Customer profitability
§ Operational efficiency
§ Risk management
§ Credit risk analysis
§ Fraud detection & management
§ Budgeting and planning
§ Process optimization

Relevant to Retailers:
§ Data mining
§ Demand Forecasting
§ Price/Promotion Modelling
§ Consumer Behaviour Analysis
§ Text Analytics
§ Optimization and Simulation

Section 3: Digital Mavericks and Advanced Analytics – Case Study

In this section, Zinnov Digital Index will showcased and its underlying parameters will be discussed. In addition, case study of a digitally matured banks and digitally matured retail companies will be shared.

Section 4: Key players – Advanced Analytics Solutions

In this section, information on some of the key players offering BFSI and Retail specific solutions will be shared, including:

§ Technology providers
§ Service providers
§ Start-ups

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