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Next Generation Credit Decisioning with Decision Modeling

Decision Management Solutions

In the recent McKinsey article discussing designing next-generation credit-decisioning models they outlined four best practices for automated credit-decisioning models for banks as they continue their digital transformations. Digital lending based on high-performance credit-decisioning models, says McKinsey, lead to: Increased revenue.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services.

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Can Predictive Analytics Help Traders Navigate Bitcoin’s Volatility?

Smart Data Collective

The financial industry is becoming more dependent on machine learning technology with each passing day. Last summer, a report by Deloitte showed that more CFOs are using predictive analytics technology. Many experts are using predictive analytics technology to forecast the future value of bitcoin.

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Promising Benefits of Predictive Analytics in Asset Management

Smart Data Collective

This article will provide an overview of the concepts of asset allocation and fixed asset management, before delving into some of the unique benefits afforded by predictive analytics technology. What is asset allocation and how can predictive analytics improve its effectiveness?

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Using Data Analytics for Selecting Staff Augmentation & Managed Services

Smart Data Collective

Fortunately, new advances in big data technology are helping companies get better qualified workers. Data analytics technology is very important in assessing the performance of staffing services. Companies can use data analytics to improve their hiring processes. What Are the Benefits of Data Analytics in Staffing?

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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions.

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Predictive Analytics Helps New Dropshipping Businesses Thrive

Smart Data Collective

New Dropshipping Entrepreneurs Should Utilize Predictive Analytics to Develop a Competitive Edge Surprisingly, dropshipping is a unique type of fulfillment business model in which you can start with the minimum and even no money at all. Predictive analytics can help you choose the right manufacturer, wholesaler and sales partners.