article thumbnail

How to Use RFM Customer Segmentation Analysis in Banking

South State Correspondent

.” This article explores the methodology and shows you what this analysis means for a typical bank. How RFM Customer Segmentation Analysis Works Recency, Frequency, and Monetary value are each aspect of a customer trait that denotes some value in banking. Which of your customer segments should we market to help stem defections?

Analysis 195
article thumbnail

Examining industries: The importance of industry analysis for financial institutions

Abrigo

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. WATCH WEBINARS Takeaway 1 All businesses perform industry analysis, but financial institutions in particular must know their customers' competitive landscape.

Analysis 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Not So “Secret Sauce” of Data Analysis

Perficient

To manage the organizational data effectively, it is recommended to conduct some form of data analysis to assess the current state, make informed decisions to streamline that data and help the growth of the business. For more information on data analysis, contact our experts today.

Analysis 340
article thumbnail

How The Market Gets Interest Rate Predictions Wrong

South State Correspondent

In a few short months, stronger economic data (higher GDP, stronger job market, and stubborn inflation) changed the market’s and the Fed’s view on the future path of interest rates. The market and the Fed are now aligning on only one rate cut in 2024 – obviously this will change over the course of the year as the economic data evolves.

Marketing 195
article thumbnail

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Discover how outsourcing routine tasks to specialized firms can free up valuable time for your in-house team to focus on strategic analysis and innovation. Hear how automation can significantly reduce errors and processing time, while improving overall efficiency.

article thumbnail

Bank Credit Risk: A Risk-Return Analysis

South State Correspondent

Each loan would earn the bank the market clearing ROA. The markets (i.e., Here, the analysis gets more interesting; bankers do not seem to make mistakes evenly above and below the line. The post Bank Credit Risk: A Risk-Return Analysis appeared first on SouthState Correspondent Division.

Analysis 195
article thumbnail

Marketing Deposits Like Barbie

South State Correspondent

Film quality aside, there have been few movies in the history of the World that have done a better job at marketing than Barbie. This article highlights these lessons and applies them to marketing deposits. We will also stipulate that you don’t have $100mm to spend on a marketing budget. Marketing made it so.

Marketing 195
article thumbnail

How ZoomInfo Enhances Your Database Management Strategy

It's quite a process for marketing teams to develop a long-term data management strategy. Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. It involves finding a data management provider that can append contacts with correct information — in real-time.