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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”
Reuben Gates, Growth and Marketing Director

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

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

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