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Author: Admin | 2025-04-28
Risk management, to evaluate the importance of each group of tasks described above. The finance sector experts evaluated each group based on how significant each group was to the banking sector and how urgently changes were needed. They weighted these two criteria and ranked the groups on a scale of 1 to 20, where 1 was the most urgent and significant, and 20 – least urgent and significant. The group with the lowest score is the most urgent and significant set of business tasks banking executives should focus on:According to our research, customer experience management is the number 1 most significant and urgent topic in modern banking. Implementation of data mining in this set of business tasks is the best way to achieve customer centric banking and improve cross-selling and up-selling.Questions? Contact us here.Want to read more about analytics and big data? Download the Big Data is Here: What can you actually do with it? presentation.Featured image courtesy of IOT Solutions World Congress.
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