In all segments of commercial banking, competition is more intense and top line growth harder to achieve than ever. New technology enabled competitors are emerging. Client’s increasingly demand simplicity, transparency, and control. Clients expect you to know who they are, what they need, and when they need it. At the same time, banks must meet changing regulatory requirements and fight financial crime, like money laundering and fraud. But banks have a competitive advantage in their extensive data resources, if they can learn from it.
DataRobot’s automated machine learning platform helps banks leverage their substantial investments in data to meet today’s challenges. By learning from their own data, banks can find and attract the best new clients, deepen existing client relationships, improve the client experience, and identify new growth opportunities while meeting regulatory requirements and fighting financial crime effectively and efficiently.
In our new eBook we highlight 6 uses of AI that you can use to:
- Find the best new client prospects
- Deepen existing relationships
- Make faster, better credit decisions for small and medium sized businesses
- Value collateral for asset based products
- Help clients manage cash and liquidity
- Warn you of potential credit trouble in your loan book