Applications of data science in banking for exciting new FinTech company

Project status
Project start date
Not specified
Project posted
16 Dec 2016 11:34
Project duration (approx.)
7.0 Days
Budget (approx.)
$2000 (fixed cost)
Level of Experience
Mid-level
Industry
Financial Services
Area of expertise
Operations , Big Data / Data Analytics
Consultant location
Off-site

Objectives and Key Deliverables

We are in the early stages of launching a digital banking venture and would like to understand in detail how data science can be a sustainable source of competitive advantage that cannot be replicated by existing banks.

We are looking at using data science to provide customers with better pricing, risk management, and customer service.

The consultant would be integral to help us develop an overview of how we may approach this problem. We are in the early stages of this business and are looking for a consultant to provide us with an overview of the infrastructure of financial institutions currently, what sort of outcome we could get from using sophisticated data science for our customers, what we would need to do to develop the relevant infrastructure to provide the new solution, and what top/innovative fintech companies around the world are doing in this field.

Word or powerpoint of overview/recommendations.

>Preferably experience or exposure in financial services
>Exposure to fintech companies
>Understanding of how financial services firms operate
>Entrepreneurial attitude

We would like the overview/recommendations to be completed by mid to late-January.

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