How Advanced Analytics Are Redefining Banking

“Every single major decision to drive revenue, to control costs, or to mitigate risks can be infused with data and analytics,” says Toos Daruvala, a director in McKinsey’s New York office.

“[This] will be a differentiator for some period of time.” In this video, Daruvala explains how three diverse banks are using analytics to gain an edge in a cutthroat environment—by improving risk assessment and predicting customer behavior.

Read more about how banks are poised to reinvent themselves

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