#TechFinancials
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my-financials · 2 years ago
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Advanced Micro Devices (AMD): A Deep Dive into the Financials
In the ever-evolving world of technology, few companies have made as significant an impact as Advanced Micro Devices, Inc. (AMD). As a global semiconductor giant, AMD has been at the forefront of innovation, pushing the boundaries of what’s possible in the computing world. But beyond the products and the tech jargon, what does the financial health of such a company look like? Let’s delve into the…
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katzik · 4 years ago
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The posts below go into detail how each method works We see that they are using the powerful TechFinancials trading platform, are apps that are not available worldwide. The opportunity presented by Bennet and 300 Millionaire is to trade successfully on the binary options market, 2016 2018 updated Spare5 is a great app that I enjoy using nowadays. Winning a lawsuit begins with selecting the […]
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thefloridaseo · 8 years ago
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Spectre.ai ICO (Regalcoin ICO Returns?) https://youtu.be/Jr9QoZZr050 📢Participate in the Spectre.ai ICO: http://bit.ly/Spectre-ICO Test out the Spectre Binary Platform: http://bit.ly/Spectre-Binary-Platform Spectre.ai Official Website: http://bit.ly/Spectre-Website A Deeper Explanation of Spectre.ai: https://youtu.be/D37kqqmhO2o Subscribe to Dolfski on YouTube: http://bit.ly/Dolfski-YT Can Spectre.ai go full Regal? With the dividend options paid out in Ethereum just to hold Spectre, I have very strong feelings about this ICO. Taken from the Spectre.ai website: “Unlike trading platforms out there today (such as MT4/MT5/Spot Option/Techfinancials e.t.c), SPECTRE has a range of trader protection algorithms which help with emotion control, risk management, trade opportunity recognition and the ability to track one's stats including strengths and weaknesses through time. SPECTRE learns the trader's weaknesses over time and alerts them when they are about to make a silly mistake.” I’ve personally invested in a Binary options platform in the past that was incredibly strange, and more “MLM” based, which is why Spectre is actually appealing to me. The opinions expressed in this video are my own, and in no way represent those of Spectre.ai or the team therein. Shortcuts 5:04 An in-depth look of the back-end 8:52 How to participate in the ICO (in the US)
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levigilantfr · 6 years ago
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La radiation de TechFinancials de LSE sera mise aux voix le 10 janvier 2020
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bigdatanewsmagazine · 8 years ago
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Insurers need to start using predictive analytics or lose out! – TechFinancials news (blog)
By Dr Corine Van Erkom Schurink,
While predictive analytics is a hot topic, many local businesses are hesitant to embrace it. However, given the significance of providing valuable insight on the current and future performance of a company, implementation has to happen sooner rather than later.
Some decision-makers are concerned about the complexity of integrating with business functions that are seemingly quite disparate – think marketing and IT for example. However, once the value of predictive analytics is understood, as well as the associated processes and data requirements, then the choice becomes clear.
Dr Corine Van Erkom Schurink, Advanced Analytics Team Leader at PBT Group
While it makes sense to utilise predictive analytics in sectors like financial services and insurance, it really is something that can benefit any organisation in this age of connectedness and Big Data.
While predictive analytics requires deep data, insurers today, who often work with silos of information, need to recognise the fact that a good analytics dataset can typically consist of a mix of integrated data (and not separate information) – being customer data, historical policies or product data, and intermediary/agent performance records. Through recognising this, they will be able to reap the benefits predictive analytics can bring to an insurance business.
For insurers, predictive analytics can aid in ‘flagging’ customers who are most likely to commit fraud at an early stage of their life cycle, for example. It can also help predict the performance of a company representative or selling agent and their likelihood to ‘drop out’. Just think about the cost-savings that could be achieved.
Similarly, in the case of predictive fraud, actuaries and underwriters can now quickly reduce the risk exposure of the company by adjusting the rules supporting decisions and the algorithms that determine new policy premiums or claim settlements – which will reduce expenses even further at individual customer levels.
So why are South African companies so slow in embracing this technology?
For one, local universities have been slow to adopt a curriculum that places data scientists in the market. Another reason is that companies fail to understand what is needed to effectively implement predictive analytics. Far too often it becomes one of the ‘functions’ of the IT department, which has no real sense of the business directives of the company and of the strategic business implementation of the advanced analytics outputs. There has to be inter-functional consultation, shared resources, and shared budgets.
Cynics might argue that if all insurers implement predictive analytics there will be no real differentiation. However, the ones that are able to go back to their ‘roots’ and use traditional marketing tools such as pricing, quality of service, innovative products, and effective service, will be the companies that are able to supercharge their offerings. The level of effectiveness in how predictive analytics is leveraged and actioned across the organisation will also contribute to the gain of competitive advantage.
Insurers adopting predictive analytics will not only reduce their risks and related costs, creating larger profits for reinvestment, but also free a large amount of resources that can be redirected to new projects. Those who adopt predictive analytics will become slicker and less ‘cash strapped’ than the insurance companies who will have missed the boat.
So, for those who are still undecided about the merits of embracing predictive analytics, think about the lost revenue opportunities and whether that can be written off in such a competitive economy.
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coreymiler · 5 years ago
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TechFinancials Ceases All B2B Brokerage Business in Six Months
TechFinancials Inc left London’s AIM market in January due to the high costs of maintaining its listing. TechFinancials Ceases All B2B Brokerage Business in Six Months syndicated from https://forexlasersforum.blogspot.com
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thecryptokeepers · 6 years ago
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TechFinancials to Delist from AIM at the London Stock Exchange
https://thecryptokeepers.com/techfinancials-to-delist-from-aim-at-the-london-stock-exchange/
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expertfeedly · 6 years ago
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[ BEST ] Top 5 Binary Options Trading Brokers 
Which are the top 5 best binary options brokers? When the US Securities and Exchange Commission are given approval to binary options in 2008, many traders have been started to expand their investments in binary options trading. Since there is a large list of available brokers nowadays, it’s challenging to narrow down your choices in order to find the one that suits your preferences. With that, we’ve gathered the popular brokers to help you jump start your search.
Binary options trading is very popular in Forex traders – from the learner and professional traders because it is very simple just call-or-put and Up-or-Down trade with high payouts. However, any type of investment, which has the highest rewards comes with high risks. Hence, it is difficult for you to be knowledgeable about this financial investment and learn about how it works.
Just Binary Option trading platforms and starting to trade, we just recommend you to read guidelines and risk. Is Binary Options Trading Safe? First, you understand your risks in Trading and address your concerns. Binary trading enables you to trade from anywhere, but not all countries in the world legalize or regulate this financial product. Visit the Official site of traders to know Binary Options Trading Legal And How Is It Regulated analysis to know if binary options trading is legal and regulated in your country.
1. IQ Option -
IQ Option Binary Trading Broker
IQ Option was established in the year 2012 & it has favorable on the internet. It uses in-house software for trading. IQ Option gives Maximum returns up to 95%. However, many traders in the USA, Russia, Australia, Canada, Israel, Iran, Sudan, Belgium, Japan, Turkey, and Syria are not accepted or not regulated. IQ Option Europe Ltd. is well-known for reliable broker services, as it's regulated by the CySEC.
IQ Option offers a free demo account with $10000 to help you get started. The minimum deposit is just $10 for the Real Account. For the premium or VIP trader account, the minimum deposit with $3,000 in Real. IQ Option provides Customer support offered via email, phone, & live chat. Finally, the broker offers multiple convenient deposit & withdrawal methods to trade easily. For more details on this service to read our binary options brokers review for this particular broker. Easily you can sign up for IQ Option.
Minimum deposit: $10 Minimum trade size: $1 Maximum returns: Upto 95% Supported trading platform: Web, Android, iPhone
2. Binary.com
binary.com Binary Options Trading Broker
UK (United Kingdom) - based Binary.com is a licensed broker regulated in Ireland, British Isles, UK, and Malta. However, Japan, the US, Hong Kong, Canada, and Costa Rica are not accepted. It is the most transparent company in the binary options industry that declares owning company & market operations. BetonMarkets, Binary.com blends gambling & trading but in a transparent way.  It offers FX margin, CFDs and crypto trading via MetaTrader 5.
You can start with the minimum deposit of $10 & also e-wallets it is even lower $5.The bonus amount is not much standard; rather than it's consists of two types. the first is Deposit Bonus and second Free Bonus. The percentages are not specified, but total required as 25 turnovers to available yourself to process of withdrawal & also a 1.5% payout commission.
The binary.com broker supports various types of trading platforms which include Binary, Webtrader, Binary Bot & Binary Next-Gen. It can personalize client trading needs all under one roof. The trading platform is intuitive to the 1st-time trader with features various visual tools like different timeframe charts and professional technical indicators with the tutorials on binary options. It supports more than 12 languages & provides a demo account. Binary.com also has mobile apps.
Minimum deposit: e-wallet $5 & debit and credit cards $10. Maximum returns: 100-1000% depending trades Bonuses: no standards Supported trading platform: proprietary web, Android and iPhone
3. 24Option
24Option Binary Trading Broker
The 24Option binary trader platform has been online since 2010 & it is a very stable and reliable broker. This binary trading platform is regulated by the CySEC. It uses the 3rd-party TechFinancials trading platform. It Provides the Maximum returns up to 88%. But, this broker does not accept traders from the US and Australia.
The broker provides the minimum deposit amount is $250 with the minimum investment amount is $24.The demo account with virtual money offered for newbie traders. If you like to enroll in this in Standard, Gold, or Platinum account it depending on how much amount you deposit to trader & which type of the features you required. The 24Option is provided various services to customer support via phone, live chat, and email in various languages like English  & thirteen other languages.
Minimum deposit: $100
Maximum returns: up to 88% returns Bonuses: up to 100%; 25% or $500 (whichever is lowest) for 1st-time depositors Supported trading platform: TechFinancials web, Android and iPhone
4. CMC Markets
CMC Market Binary Trading Broker
UK (United Kingdom) based CMC Markets traders have been advanced in a forex broker since 1989 but they are only going into binary options in the year 2015. But Still, that’s a long history of trust compared to other most binary options trading brokers. One topmost thing is that it is regulated in the UK. Today, CMC Market traders are trades in commodities, indices, shares & forex trades but US clients are not yet accepted or regulated.
One amazing fact of this broker is that there are no minimum deposit criteria & there are no bonuses. The percentage of Returns varies depending on the trades.
Meantime, the CMC Market platform is customizable easily with advanced features which include charting tools, various screen layouts, pattern recognition functionality, and multiple timeframes. The trading system is accessible from Android-based and iOS-based devices. Support is a UK-based platform and consists of a customer's live chat, email, phone, and fax.
Minimum deposit: no minimum deposit Maximum returns: up to 95% Bonuses: not provides Supported trading platform: proprietary web, Android and iPhone
5. Binarymate
Binarymate Binary Trading Broker
Binarymate is a UK ( United kingdom ) based registered broker that is reliable with strict financial regulations of the UK. The most important thing is that this platform accepts US traders. This binary mate broker trading platform uses a unique in-house platform. From this broker, you can earn a maximum of up to 90%. Binarymate broker trading accounts start with a Bronze package with a minimum deposit of $250 & you will get a 20% bonus. For the Silver package account, You start with a minimum deposit is $1,000 & get a 50% bonus. Finally, Top most type is a premium Gold account with minimum deposit is $3,000 you choose between risk-free trades or a bonus of $250.
Binarymate platform provides the unique customer supporting feature offered live video chat with agents who are available 24/7.with various language Support like English, French, Spanish, and Russian. Use the demo trading account to learn tricks or to improve your trading skills. Before decide on a binary broker though it’s comparison first to make sure you pick the best service.
Minimum deposit: $250
Minimum trade: $1 Maximum returns: up to 90% Bonuses: up to $250, risk-free trades Supported trading platform: proprietary web, Android and iPhone
https://ift.tt/2QGsbWR
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cryptonewstrending · 6 years ago
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South African Crypto Exchange Hits Milestone 3M Wallets, $5M Volume
South Africa’s crypto exchange Luno reaches three million wallets, reporting a surge of trading volumes in August. Major South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in August 2019. Marius Reitz, general manager for Africa at Luno, claimed that over 80 million South African rands ($5.4 million) worth of crypto has been completed on Luno’s South African platform on a daily basis in the last month, local tech publication TechFinancials reports Sept. 10. Three million wallets milestone Reitz reportedly stated that…
The post South African Crypto Exchange Hits Milestone 3M Wallets, $5M Volume appeared first on CryptoNewsTrending.
source https://cryptonewstrending.com/south-african-crypto-exchange-hits-milestone-3m-wallets-5m-volume/
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Social Media Strategy Analysis: SickKids Canada
­­­­
    Table of Contents
 1.  Introduction
2.  Social Media Analysis
3.  Audience
4.  Key Strengths and Weaknesses
5.  Discussion
6.  Conclusion and Recommendations
7.  References
    Introduction
SickKids is a research hospital affiliated with the University of Toronto whose main goal is to improve the health of children. The charity was founded in 1875, when a group of women in Toronto opened a small hospital dedicated to the care of children. The Sick Kids Foundation has a presence on multiple social media platforms, including Facebook, Twitter, Instagram, YouTube, and their website sickkids.ca.
 Social Media Analysis
The following analysis was conducted for SickKids’ social media platforms:
1.    Navigated social media content to understand intended audience and key messages conveyed
2.    Analyzed tone and voice across all platforms
3.    Examined feedback and reviews from users
Audience There’s one thing that all SickKids social media sights have in common and that is the promotion of community. Their instagram shows stories and events at the hospital as well as descriptions of people who work there. Their twitter shows all the events the children get to attend. Their Facebook shows people from around the world who are involved in the foundation, event pages, and pictures from such events. Lastly, their YouTube shows videos of the events as well as the different teams and groups of people associated with SickKids. It seems that their main goal is to show that SickKids can provide more than just healthcare, they can also provide a strong community that will be their to support your family during this difficult time and additionally make the experience as enjoyable as possible for your children. SickKids main audience is clearly families. People who need community and support during such difficult times and parents who are looking to make this experience as positive as it can possibly be for their child/children.
    Key Strengths and Weaknesses The following table shows key strength and weaknesses.
Social Media Platform
Strengths
Weaknesses
Website
Sickkids.ca
Good amount of information and resources available
 layout is cluttered and disorganized
 Facebook
Posts are made frequently and contain relevant information
 Event times, locations and descriptions are easy to find  through the SickKids facebook page
 Content overlap with other platforms.
 Instagram
Heartfelt stories about patients and staff
Portrays a very happy environment
Multiple Instagram accounts with no clear differentiation
Only one of the accounts are verified
Bio lacks information (how are new followers supposed to  know what the account is for)
Twitter
Frequent posts and good  amount of interactions with  users
Relatively low follower count
Youtube
Videos posted frequently
Videos are edited professionally and are HD
Videos are all of the same style (consistency)
Two accounts, SickKids  and SickKidsInteractive with no clear differentiation
                       Discussion
The data we collected regarding the strengths and weaknesses of SickKids’ social media presence showed a good foundation however there is definitely room for improvement.
 The social media platforms we believe require the most improvement are:
 1. SickKids.ca
                                                                                                                                The image above shows the homepage of the SickKids Hospital webpage. One major problem with this layout is that in order to locate the donation link and contact information users must navigate to the “About SickKids” tab and go to a separate page. This important information should be more easily accessible as donations are crucial to the organization’s operations.
  2. Instagram
Notice the two different instagram accounts, it’s difficult to differentiate the two. Only one account is verified making it seem that @sickkidstoronto is not an official SickKids page when it in fact is. This also shows inconsistency for the organization. Additionally, donation links are nowhere to be found on either social media platform even though the SickKids Foundation is always looking for donations.
Conclusion and Recommendations
Based on our analysis and discussion we recommend the following:
1.    Update the sickkids website so that the most important information is easily accessible for viewers. This includes making the home page less cluttered and having the most important information in an easy to locate place.
2.    Work on verifying your second Instagram account (@sickkidstoronto). TechFinancials says there are 5 reasons why it’s important for your brand to be verified on social media. 1) It will separate the real SickKids account from accounts from “troll accounts” that may try to drag down the brand or get a hold of your audience. 2) It signifies that SickKids is an established and trusted company that is significant in its community. 3) The verification badge is the high-class symbol of social media that is only held by significant people and organizations. 4) The verification badge boosts the visibility of your content allowing you to reach a wider audience. 5) It allows you to choose who you interact with on social media, i.e., interactions become customizable, for example, you have the choice to only receive notifications from the people you choose or other verified accounts. This ensures you never miss important opportunities when big companies reach out and also ensures you are listening to your audience (and not internet trolls)
3.    Build your following. The SickKids YouTube account holds 1.9k subscribers, the main SickKids instagram account has 2,495 followers, the Facebook account has 190k followers and their main twitter account has 7,944 followers. (note: main account refers to the SickKids Foundation account). Social media has become one the most important aspects of digital marketing. A large social media following increases opportunities for your foundation as it increases your connections. It also builds your community and audience, which in this case can help increase donations for SickKids
4.    The SickKids Foundation provides millions of dollars in financial support to the SickKids hospital every year. Next to government, SickKids Foundation is the largest funding agency in child health research, education and care in Canada. The SickKids Foundation is constantly looking for funding through donations and social media is a great way to achieve this. Donation links should be easily accessible on every one of their social medias. This means keeping the link in their bios, a link that will take you directly to the donation page, as well as reminding people to donate through posts and again providing the donation link in these posts. Social media is like free advertisement and in this case a free fundraising opportunity.  
        References
Snider, Sarah. (2017) “9 Ingredients for a Successful Social Media Strategy” Seo.com. https://www.seo.com/blog/9-ingredients-for-a-successful-social-media-strategy.
 Search Engine People. (n.d.) “Blog Case Study: SickKids Foundation - Search Engine People.” Retrieved from www.searchenginepeople.com/case-studies/sickkids-foundation.
Staff Writer. (2018) “Why Social Media Verification is so Important for your Brand” TechFinancials.co.za. https://techfinancials.co.za/2018/02/09/why-social-media-verification-is-so-important-for-your-brand/
Sponsored Post. (2018) “Why You Need to Build a Huge Social Media Following” Sociable.co. https://sociable.co/social-media/why-you-need-to-build-a-huge-social-media-following/
Nelson, Sharron. (2018) “7 reasons why social media marketing is important for your business” digitaldoughnut.com. https://www.digitaldoughnut.com/articles/2018/february/7-reasons-why-social-media-marketing-is-important
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48coins · 7 years ago
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TechFinancials Biggest Shareholder Offloads Entire Stake 2018-10-10 11:38:19
https://48coins.com/techfinancials-biggest-shareholder-offloads-entire-stake-2018-10-10-113819/ Published time 2018-10-10 11:38:19. We bring crypto news daily - TechFinancials Biggest Shareholder Offloads Entire Stake - read on @48coins or browse more crypto categories #Biggest #Entire ...
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debt-defined-blog · 7 years ago
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TechFinancials to Stop European B2C Operations
https://www.debtdefined.com/techfinancials-to-stop-european-b2c-operations.html TechFinancials to Stop European B2C Operations - https://www.debtdefined.com/techfinancials-to-stop-european-b2c-operations.html...
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cryptobully-blog · 7 years ago
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CEDEX ICO Officially Reaches Token Pre-Sale Stage
https://cryptobully.com/cedex-ico-officially-reaches-token-pre-sale-stage/
CEDEX ICO Officially Reaches Token Pre-Sale Stage
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CEDEX, a blockchain-based online diamond exchange, has officially begun the pre-sale stage of its new token, which will be used for the exchange of diamonds on the blockchain.
Discover credible partners and premium clients at China’s leading finance event! 
The company initially took form, when it entered an agreement with TechFinancials, in which the latter has acquired a 2% stake in CEDEX in exchange for a $400,000 unsecured loan.
TechFinancials also received the additional option of purchasing another 90% share of CEDEX at a later time. The option can be exercised during a 3-year period from the time the loan was issued back in October of last year.
The underlying goals of CEDEX is to transform the traditional diamond industry, into a technology-based tradeable asset class.
Finance Magnates reported last month, that CEDEX had successfully raised $20 million, prior to even entering the pre-sale stage, which is now officially open to the public.
Demand for the project appears to be gaining momentum, which is aided by the fact that TechFinancials is providing technological developments for the project, as part of its interest in the company.
CEDEX’s pre-sale stage officially commenced earlier today, and the current token pricing is listed at 1 ETH per 900 CEDEX tokens. According to CoinMarketCap (CMC), the current price of Ethereum at the time of this writing is $609, placing the value of each CEDEX token at roughly $0.67.
The CEDEX management team has indicated that demand for the tokens is strong, and the company will hold the pre-sale stage of the ICO for a period of 10 days.
TechFinancials, a financial technology provider that has been highly active in the FX and CFD industries, has managed to diversify its holdings and operational capacity to include various avenues of the financial industry.
While some of the company’s activities in the aforementioned industries have been lucrative, the company has also halted its participation in the Binary Options space, which was a prosperous proposition for a considerable period of time.
TechFinancials has recently shifted its attention toward developing blockchain-based financial technology and solutions, amid a wave of demand for digital assets.
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ICO News
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levigilantfr · 6 years ago
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TechFinancials est sur le point de se retirer de la liste AIM de la London Stock Exchange
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lendoco · 7 years ago
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CEDEX Raises Substantial Funds Ahead Of Its Public Pre-Sale Stage || financemagnates.com
Finance Magnates has been informed by a source familiar with the matter that the Cedex.com ICO has been able to raise approximately $20 million while still in the private sale stage. It has yet to reach its public pre-sale stage. Learn how to buy Bitcoin and Ethereum safely with our simple guide!
Finance Magnates reached out to sources from both Cedex and Techfinancials, which granted Cedex a $400,000 loan last year, in an attempt to gauge the status of the project, and the alleged $20 million in raised funds in particular.
TechFinancials declined to provide comment with regard to the amount of funds raised at this point.
Ronen Priwer, founder of Cedex.com, offered his remarks: “We raised a very significant amount to this point. The early sale to private entities is progressing well and approaching our target, while the stage of public and substantial sale remains ahead of us, as we attempt to reach our overall goal.” High demand
The inception of Cedex was initially publicized in October of last year, when financial technology provider TechFinancials invested in it to help it develop the necessary technology to achieve its goals.
In return for the interest-free loan, TechFinancials received the option to purchase up to 90% of a newly created holding company called CEDEX HoldCo. TechFinancials retains the decision in its hands, and has been granted a total of 3 years from the date at which the loan was issued to exercise its option. (c)financemagnates.com
Cedex is a venture that is composed of a group of companies that are attempting to develop a blockchain-based online diamond exchange. Its goal is to implement technology which could turn diamonds into a tradeable asset class.
https://cedex.com/
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bigdatanewsmagazine · 8 years ago
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Insurers need to start using predictive analytics or lose out! – TechFinancials news (blog)
By Dr Corine Van Erkom Schurink,
While predictive analytics is a hot topic, many local businesses are hesitant to embrace it. However, given the significance of providing valuable insight on the current and future performance of a company, implementation has to happen sooner rather than later.
Some decision-makers are concerned about the complexity of integrating with business functions that are seemingly quite disparate – think marketing and IT for example. However, once the value of predictive analytics is understood, as well as the associated processes and data requirements, then the choice becomes clear.
Dr Corine Van Erkom Schurink, Advanced Analytics Team Leader at PBT Group
While it makes sense to utilise predictive analytics in sectors like financial services and insurance, it really is something that can benefit any organisation in this age of connectedness and Big Data.
While predictive analytics requires deep data, insurers today, who often work with silos of information, need to recognise the fact that a good analytics dataset can typically consist of a mix of integrated data (and not separate information) – being customer data, historical policies or product data, and intermediary/agent performance records. Through recognising this, they will be able to reap the benefits predictive analytics can bring to an insurance business.
For insurers, predictive analytics can aid in ‘flagging’ customers who are most likely to commit fraud at an early stage of their life cycle, for example. It can also help predict the performance of a company representative or selling agent and their likelihood to ‘drop out’. Just think about the cost-savings that could be achieved.
Similarly, in the case of predictive fraud, actuaries and underwriters can now quickly reduce the risk exposure of the company by adjusting the rules supporting decisions and the algorithms that determine new policy premiums or claim settlements – which will reduce expenses even further at individual customer levels.
So why are South African companies so slow in embracing this technology?
For one, local universities have been slow to adopt a curriculum that places data scientists in the market. Another reason is that companies fail to understand what is needed to effectively implement predictive analytics. Far too often it becomes one of the ‘functions’ of the IT department, which has no real sense of the business directives of the company and of the strategic business implementation of the advanced analytics outputs. There has to be inter-functional consultation, shared resources, and shared budgets.
Cynics might argue that if all insurers implement predictive analytics there will be no real differentiation. However, the ones that are able to go back to their ‘roots’ and use traditional marketing tools such as pricing, quality of service, innovative products, and effective service, will be the companies that are able to supercharge their offerings. The level of effectiveness in how predictive analytics is leveraged and actioned across the organisation will also contribute to the gain of competitive advantage.
Insurers adopting predictive analytics will not only reduce their risks and related costs, creating larger profits for reinvestment, but also free a large amount of resources that can be redirected to new projects. Those who adopt predictive analytics will become slicker and less ‘cash strapped’ than the insurance companies who will have missed the boat.
So, for those who are still undecided about the merits of embracing predictive analytics, think about the lost revenue opportunities and whether that can be written off in such a competitive economy.
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The post Insurers need to start using predictive analytics or lose out! – TechFinancials news (blog) appeared first on Big Data News Magazine.
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