In an era where information is abundant yet often untapped, our client, a large development bank in South Africa faced an all-too-common predicament. Despite storing loan applications in spreadsheets, they struggled to uncover portfolio patterns and make informed decisions.
In a game-changing move, Aspect Advisory has centralized over 20,000 loan applications into a single access file, creating a robust data warehouse like no other. This transformative impact of big data analytics has catapulted the bank into a data-driven powerhouse, enabling them to run cutting-edge analytics to identify patterns and improve their risk forecasts.
A centralized database of all loan applications with all their client- and contact details enabled the client to have a holistic view on their portfolio.
Data and Technology
Programming Skills, Machine Learning and Data Mining, Statistical Analysis, Data Visualization