How can banks exploit their data treasury to become more efficient?




On March 24, 2021, QUALCO took part at the fourth round of the BANKINGCLUB-Live, in a session focused on data management & bank organisation.

The virtual event was organised by BANKING CLUB, one of the largest business clubs of the banking and financial sector in the DACH region, of which QUALCO is a member. Achim Cremer, Country Manager DACH at QUALCO, had the opportunity to elaborate on the benefits of Data-Driven Decisions Engine (D3E) which is an all-in-one decision-making hub where all analytics come together.

Achim, focused on the fact that banks are not really taking full advantage of their data. According to his opinion, this is happening due "to the IT environment of established banks, which often still work with many so-called legacy systems." 

Banks are still, busy with the essential steps of digitization and often do not have the necessary corporate structures that will allow them to take full advantage of the plethora of data available. 

In that perspective, QUALCO's D3E can help lenders overcome the big challenges they are facing. In particular, the solution designed by QUALCO comes with many advantages:

  • Automatic data preparation and organisation into a data pool.
  • Application of explainable machine learning algorithms to correctly classify e.g. customer behaviour as the basis of dynamic forecast models and the resulting behavioural strategies to maximise return.
  • Automatic adjustment of the forecast models and the resulting behavioural strategies through target/actual comparison.
  • Easy integration into existing systems.
  • Automated reporting
  • Easy to use with no data programming capabilities needed.

Watch the whole interview [in German]  and learn more about how lenders can become more efficient by exploiting their vast pool of data.

Banking Club Live 24_MAr - QUALCO Interview


For more information on Qualco's Data-Driven Decisions Engine solution (D3E) visit 







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