Executive uses data analytics to improve his financial institution's performance

Data Analytics for Financial Institutions

Using your financial institution’s data to drive informative business decisions.

Data is one of the most valuable assets to a financial institution.

With new information being collected, updated and stored across all facets of your organization every day, how to understand and utilize that data in a meaningful way has become one of today’s most common challenges.

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Financial institutions have been collecting data about their institution’s loan and deposit products as well as their customers themselves for years. Developing and implementing an effective data analytics strategy can provide real-time insights into your data while minimizing time spent extracting and assembling.

At Baker Tilly, our team of Value Architects™ help create and implement data-driven solutions that are tailored to each organization, including:

Data governance
Data management
Data and analytics
Data visualization

Data analytics solutions

Baker Tilly’s data analytics solutions can help provide your financial institution with the tools it needs to protect your institution’s value while also growing and enhancing your operations.

Loan portfolio analytics

Baker Tilly’s loan analytics solutions dive deep into your loan portfolio and provide valuable insights to your institution, including the ability to:

Identify key areas of risk within your loan portfolio
Monitor and mitigate credit and liquidity risk
Measure delinquency trends and interest at risk
Assess category and region-based loan concentrations

Deposit portfolio analytics

Strong deposit relationships are crucial to a financial institution’s sustainability. Knowing your deposit opportunities and risks in combination with your customer attributes is vital in attracting and retaining deposit relationships. Our deposit analytic solutions will provide your institution with the tools to:

Better understand customer behaviors and preferences
Analyze growth and attrition trends by product and region
Develop product pricing and effective marketing strategies
Monitor effects on margins and liquidity

Growth and performance-based analytics

Growth is among the top strategic goals for financial institutions in today’s environment. Whether organically or through mergers and acquisitions (M&A), an analytics program can aide in expansion efforts in the following ways:

Analyze key performance indicators relative to your peers
Identify key players in the M&A landscape
Assess operating region specific demographics to aide in organic growth strategies

Ready to connect about data analytics?

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e-Book

Banking industry benchmarks report

Understanding how your bank measures up within the industry is critical to achieving long-term success. This report is designed to help.

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Team meets to discuss data related to banking KPIs

Performance of the community banking industry

Banking KPI insights

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Data analytics

How to use your data to drive business decisions

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Our professionals

Kevin SchalkPartner

Mark J. BoettcherPartner

Dave DuVarneyPrincipal