Our Core Competency

The Industry Leader in  Business Consulting Services

A creative IT strategy is necessary for the modern digital economy and dynamic corporate environment that revolves around adaptability, velocity, and efficiency. We provide business-aligned solutions, system integration, and application management services & development. Our beliefs, based on the three Ps of “People, Product, and Processes,” help firms embrace and adopt new technology.

The financial sector is perhaps more sensitive to market ups and downs than any other sector in the modern economy since it goes through dynamic changes. In addition, variable macroeconomic conditions, including persistently high levels of debt in the consumer and business sectors and rising regulatory burdens, significantly influence. As a result, banks must spend a significant portion of their budgets on system and process development, compliance, and attainment to meet ever-increasing regulatory obligations.

Credit risk management is likewise coming under regulatory scrutiny. The global financial crisis is to be thanked! Along with money laundering concerns, which have been a difficult pill for the banks to chew, managing credit risk has been one of the major problems banks have been working to tackle for a while. The growth of all these advancements might be attributed to how difficult it has gotten to satisfy the client.

When the volume, disparity, and complexity of information, as well as existing requirements, continue to rise, banks rely on intelligent data-analytics solutions & business management consultants that can aid them in making quick, efficient judgments.

Services provided by business development consultancy

Customer and Product Profitability Dashboard

Banks are mostly commercial entities; therefore, even if they serve specific markets or offer certain products as a corporate social responsibility duty, they should be cognizant of the associated costs. However, the reasons for calculating profitability may change the depth of the profitability measurements. For example, to segment consumers and offer more lucrative connections more attention, which usually results in better service, assessing the profitability of a customer relationship is normally necessary. 

• Customers’ capacity to make a profit across all product categories, items, locations, and income levels
• Key data, such as loan funded amount, balance, revolving line, usage, etc., are used to determine product distribution and profitability across segments, geographical areas, and other factors.
• Performance of bank branches across all product and client sectors

Capital Exposure and Risk Dashboard

Since financial decisions are based on the cost to the company of retaining the risk, risk management is a crucial subject. Moreover, given that banks’ primary business operations include risk, this problem is particularly significant.

Banks must have reliable methods for determining the right amount of capital required to absorb unforeseen losses resulting from their exposure to the market, credit, and operational risk to analyze and manage risks. Additionally, comparing bank revenues from various business ventures to the capital required to cover the risks involved is important.

• Exposure, economic capital, and anticipated loss at the holding company level as well as across subsidiaries and business lines
• Return distributions (including RAROC) and exposure across several dimensions, such as states, industries, business/rating categories, and geographies
• Information on a bank’s portfolio’s hot spots, or granular vulnerability, is provided.
• Over time, the banks’ portfolio of counterparties became more concentrated.

Loan Production Dashboard

Recognize how commercial and retail applications are used and gauge volume across dimensions. As well as analyzing and predicting volume over time, track the smallest application specifics.

• Mortgage volume by geography, branch, product, and employee 
• Status, amount, approval, and pull-through rates for applications are tracked, as well as the duration of the underwriting process.
• Regional mortgage application disposition and detailed tracking of each applicant
• Production and distribution of auto loans by loan length, loan product, and loan source

Marketing Dashboard 

Consumer distribution across market categories, campaign performance, produced leads, and high-level financial impact are outlined.

• Distribution of clients and goods across distinct demographic market segments: Market segmentation 
• Metrics for gauging the effectiveness of marketing campaigns for certain products, areas, and campaign types
• Effects of campaigns’ spending according to target channels and campaign types
• Among diverse demographic market sectors, campaign leads were created.

Operating Dashboard

Overview and detail of the accounts on the balance sheet, the income statements, and the costs

• Comparisons of the balance sheets’ income, spending, and equity accounts 
• Comparing the balances of income and expenses
• Accounting for expenses according to time and place
• Regions, account types, and spread of liability accounts

At Element Technologies, we pinpoint and promote crucial elements that support an organization’s success & provide business development consultancy. We have established a principle that values diversity and offers tremendous value because of our distinctive industrial footprint. With the help of our technology-neutral approach, clients can quickly adjust to shifting market conditions and receive solutions that provide high performance and increase revenues.

We continually give our staff more power by encouraging them to create, explore new possibilities, and develop game-changing concepts. As a result, our staff now have a great chance to advance within the company and support the success of our clients.

To have a long-term influence on the sectors we serve, our Advanced Technology Incubation Lab provides the groundwork for the fusion of future technology, business consulting services and business strategies. Our lab has aided in developing industry-specific delivery technologies, platforms, and frameworks through a variety of mentor initiatives, in-depth training, and industry work sessions.

With an internationally renowned SAS proficiency and extensive domain technical knowledge, Element Technologies has successfully installed SAS products and solutions across various industrial verticals. We turn obstacles into opportunities to address crucial business activities by utilizing our adaptable engagement and delivery models, including established procedures and cutting-edge technology.