Mphasis collaborates with Aureus Analytics to provide Big Data Analytics solutions

Published: Mon May 04 2015

The new solutions will focus on Customer Management, Risk and Operations and boost efficiencies byrapidly unifying data, construct complex analytics and manage business critical issues tomake the right decision. The problem specific products and Big Data-ready platform will supportspeedy insights at the point of decision by leveraging massive internal and external data sets.

The banking and insurance industries are embarking on a multichannel customer experience transformation globally. The collaboration will allow tracking starting with Business Key Performance Indicators (KPIs) all the way to operational and Information Technology KPIs. By bringing analytics where they are needed the most, Mphasis, together with AureusAnalytics will help revolutionize the industry and deliver better service to customers and better results to companies.

"Mphasis’grip in the Indian insurance market is quite strong. Our strong reach coupled with Aureus’ innovative Big Data driven predictive analytics solutions will make outcome based business models a reality. With this partnership we look at driving a culture of data driven decision making because of timely availability of information to people who make decisions or interact with customers" says, Elango R Chief Human Resources Officer and Head Emerging Geographies Business Unit, Mphasis.

"The impact of Big Data analytics is significantly higher if made available at the point of decision. Our aim is to make this possible and bring the power into the hands of business users in an easy and seamless manner over the cloud. Our products and platformwill support Mphasis by bringing efficiency, reliability and predictability of outcomes. The partnership willfurther strengthen its customers’ experiences thus increasing the rate of customer acquisition, retention and operations." said Ashish Tanna, COO and Co-Founder at Aureus Analytics

Aureus Analytics has a Big Data-ready platform called Aureus Statistical Analytics Platform (ASAP) and a suite of industry and problem specific predictive analytics products- Aureus Persistency Analytics (AUPERA) and AureusCustomer Analytics (AUCUA). Its solutions bring power to the decision makers and practitioners by enabling analytics at the point of decision.

AureusAnalytics bridges the interpretation gap between multi-dimensional data and actionable insights to help businesses leverage the power of its most important asset- their Data. Aureus brings together the four essential pillars that are required for a successful Big Data Analytics solution – Deep Domain Skills, Big Data Capabilities, Data Sciences skills and Analytics expertise.

With Mphasis’ customer base spread across the globe, this partnership will deliver solutions that will catalyze quickdecision making, reduce operational inefficiencies and boost bottom lines for all insurance players.
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Contact Name: Ketan Pandit
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