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Home / Solutions / Industries / Financial Services

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While ThotWave has worked in numerous industries, we've attached ourselves to these as they represent our focus for today. Let us know how we can help.

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"Man's mind, once stretched by a new idea, never regains its original dimensions." Oliver Wendell Holmes (1809 - 1894)

Financial Services
Everyone who works or invests in Financial Services is familiar with this industry’s pains. Globalization, regulation changes, Internet use, capital adequacy, convergence and consolidation all affect and are affected by commoditization. Financial Services companies can no longer differentiate themselves on product and service offerings, resulting in reduced profit opportunities and margins.

Although technology has a long legacy in this industry, disparate systems and mass data collection and storage-without thought to their strategic utilization-remains a too familiar source of "pain".

ThotWave builds solutions to directly address some of the most challenging problems and pains facing Financial Services today. ThotWave solutions focus on the assessment, design and implementation of systems that enable superior decision support.

Some of our expertise in decision support includes:

  • Fraud Detection /Anti-Money Laundering: Uncover criminal financial activities, reduce fraud, ensure compliance, protect shareholder confidence
  • Forecasting and Data Mining: Find patterns, make predictions of financial and customer activity
  • Customer Relations Management: Identify profitable customers, attract similar profiles, increase loyalty, up-selling, cross-selling, credit-scoring
  • Advanced Analytics: Withstand audit rigors, quickly adapt to changing product mixes
  • Risk Management Reporting: Market risk, credit risk, operational risk, hedging programs
  • Reporting and Analysis: Compliance, Dashboard for business drivers, Enterprise reporting

ThotWave’s value is straightforward: Skill, knowledge and economy in building data warehousing and decision support applications. Our industry-proven toolkits are built on top of sound, legacy systems (e.g., SAS) to deliver your solution in less time and for less cost and higher quality than a completely customized solution.

 

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