Financial Services Industry
WizData is committed to delivering state of the art technology solutions that empower your financial institution's decision makers with a competitive edge. WizData can develop proprietary software or integrate with your current operating system to optimize profitability for overdraft charges, forecast the ideal place to open your next branch, even simplify scheduling your employees to save time and money.
With our scientific programming approach, we can efficiently and effectively create robust, innovative custom software applications for:
- Collection and analysis of statistical data
- Modeling of complex environments and running simulations
- Risk analysis and mitigation
- Automating resource scheduling and optimizing resource utilization
- Identifying bottlenecks and streamlining key processes
- Forecasting trends and projecting future performance
- Cluster analysis and identification of behavioral groups
Financial Services Industry Case Studies
WizData was engaged to develop an optimal strategy for the collection of outstanding balances from bank customers. In order to design and implement the mathematical model WizData conducted research and gathered data in order to better understand the bank's current methodologies, industry constraints, and government regulations.
WizData assisted a managed care insurance company to collect and analyze data used for computations of the compensation and commission balances as well as for forecasting. In conjunction with the company we established effective and reliable processes for data collection and management in compliance with all HIPPA regulations.
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