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Collections data strategy

Collections data strategy
“Our experienced team and proprietary analytics methodology will help you unleash the power of internal and external data sources to drive better customer outcomes”
Stephen Preston, Lead Consultant - US

HOW CAN WE HELP YOU?

One of the best ways to improve your debt outcomes and collections performance is to have an effective data strategy.

Our services include:

Reviewing your data dictionary

First, we'll review your current data catalogue and data management processes, identifying opportunities to capture data from your customer journey that will enhance your customer view.

Reviewing external data sources

Based on your problem set and business challenges, we will review available data sources from the market which can be integrated to enhance your customer view.

Benchmarking costs for third-party data

Getting value from your third-party data is key to a cost effective data strategy. Using our unique vantage point at the centre of the industry, we can advise you on whether your existing data providers are providing commercial value for money, and can assist in negotiation of new data sources.

Creating data models to aid scorecard builds

We can assist in defining key variables that can be modelled from raw event data to translate account activity into variables that can be subsequently used in scoring and segmentation.

Integrating technology

Our team can support with the integration of new data sources into your collections platform or data environment, accelerating your ability to ingest and take advantage of new data sources.

Discuss your needs with our team

WHAT BENEFITS WILL YOU SEE?

By employing our data analysis and strategy service, you will:

  • Unlock fresh insights about your customers’ circumstances
  • Create the core foundation upon which you can build scoring and segmentation models and start to effectively leverage AI
  • Improve your decisioning
  • Better support your customers, including those who are vulnerable.
  • Improve your collections performance

Discuss your needs with our team


COLLECTIONS DATA STRATEGY IN ACTION

Case Study

Revenue increasing performance reports

Event

Duty-bound: Data-driven consumer outcomes

Event

Arum launches new Data Science and Analytics service to provide clients with better collections data insights

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Using data to improve council tax collections

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Getting to know your customers in collections through data

Accenture
Adobe
AIC
Aktiv Kapital
Aldermore
Anglian Water
Atom Bank
Bank Zachodni
Barnsley Council
Berneslai Homes
Britannia
British Gas
Business Stream
Butterfield
C&R Software
Cabot
Capgemini
Capquest
Centrica
Car Finance Company
CGI
Cognizant
Clydesdale Bank
Concentrix
Daimler
Debt Managers
Deloitte
Department for Work & Pensions DWP
Deutsche Bank
Drydens Fairfax
Eon
ESB
Experian
Exus
FICO
GE Money
HMCTS
Hito
HP
Hoist Finance
HSBC
IBM
ING
Intelligent Finance
International Personal Finance
JBW
KBC
Katabat
Liberata
L&Q
London Borough of Redbridge
Marstons
Money Barn
Motonovo
NatWest
New Day
Newham Council
Pega
Pepper
Qualco
Raiffeisen
RBS
Revenue Ireland
Scottish Power
SES Water
SLC
SSE
Standard Life
StepChange
Telrock (Optimus by)
Tesco Bank
Thames Water
Total
TSB
UISCE (Irish Water)
Walker Love
Westpac
Yorkshire Bank
YuEnergy

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