Financial Industry: Operations research provide financial service and banking organizations the ability to make better decisions faster in order to reduce operational costs and minimize risk while providing the innovative products and increasingly higher level of customer service consumers expect. Successful companies rely on optimization to provide indispensable tools and applications that enable enterprise-wide risk management, ensure compliance, improve customer satisfaction and increase sales.
Insurance industry: We help you optimize process flow which can lead to lower claim handling time, reducing chances of lawsuit without increasing your cost. We can help you maintain required resources for different kind of insurance cases and planning contact center.
Business problems include:
Revenue Optimization, Product/Price Recommendations, Revenue/Yield Management, Appointment and Field Service Scheduling, Portfolio Optimization, Balancing Risk and Profit, Credit Score Estimation, Loan Configuration and Lending, Asset-Liability Management, Trade Settlement, Collateral Allocation, Collections, Capital Budgeting, Cash Management, Trading, Fund Cloning, Bond Management, Process Flow Optimization, Contact Center Planning, ATM Replenishment
Common Optimization Problems:
- Markowitz Portfolio Selection Problems
- Linear Regression Problems
- Combinatorial Auction Problems
- Matching Problems
- Knapsack Problems
- Network Flow Problems