Quantzig, a global analytics solutions provider, has announced the completion of their latest big data analytics study on the investment banking industry. The client, a renowned client in the investment banking sector, wanted to develop a robust sales strategy to spur product sales and improve customer experience across platforms. Additionally, the client wanted to gain a holistic picture of their sales team’s activities.
According to the big data analytics experts at Quantzig, “Investment banking firms have started leveraging the use of big data analytics to gain more profound insights into the customer data sets and enhance their customer satisfaction and reduce churn rates.”
Investment banking is one of the most competitive segments in the financial industry. Rising cost pressures and different customer expectations are playing a pivotal role in enhancing customer satisfaction and profitability across all the industry segments. With the help of big data analytics, organizations in the investment banking industry space can facilitate efficient loss prevention, create customized products, and improve pricing accuracy.
The solution offered by Quantzig helped the client to gain more profound insights into the customer data sets. The client was able to create new strategies and strengthen their foothold in the industry space. Additionally, the client was able to categorize end-users accordingly and efficiently track customers to calculate and predict risks.