Analysts and modelers deem it a much needed, breakthrough solution
Palo Alto, CA. – March 5, 2003 – Intelligent Results, the emerging leader of business analytics software announced today that it will showcase its IR™ Analytics Application for Financial Services at the upcoming National Credit Collections Show March 9 – 11 in Las Vegas, Nevada. The company exhibit will be at booth 133.
"Our solution enables lending and credit and collections organizations to tap into a new unstructured data source - customer interactions and conversations with collection center agents - to significantly improve the accuracy of default and recovery scores." said Gwen Spertell, Intelligent Results CEO. "When the predictive attributes from this new data source are merged with existing models, companies are able to achieve a 20 – 60 percent improvement in accuracy." Easy to deploy, manage and integrate with existing models and operational systems, the IR Analytics Application for Financial Services allows organizations to reliably prioritize collections efforts, improve strategies and maximize recovery in areas such as credit cards, home equity, and indirect auto.
"Standard modeling techniques rely on historical transaction data or structured data which is yielding marginal returns." Said Mike Meyer, Intelligent Results Chief Scientist. "Industry pressures such as higher write-off rates and debt delinquencies are forcing companies to seek new solutions. By tapping into vital data which companies already have but did not use until now and merging it with standard modeling techniques, Intelligent Results is providing a muchneeded, breakthrough solution."
Intelligent Results, the emerging leader in business analytics unleashes the value of unstructured data for improved scoring and prediction for Financial Services. The Intelligent Results solution extracts predictive attributes from unstructured data such as call center notes, emails, and customer conversations and integrates it with traditional structured attributes for more accurate prediction of customer behavior in collections, recovery, and attrition. Visit www.intelligentresults.com for more information.
Intelligent Results
Debbie DeGabrielle
Chief Marketing Officer
debbie.degabrielle@intelligentresults.com
+1.206.524.6155
Access Communications
Runi Krishnamurty
Account Director
TeamIntelligentResults@AccessPR.com
+1.917.522.3500