Increase profitability by unlocking business models with AI
AI-powered recommendations for the Financial Services industry
Financial Services institutions face an extremely competitive landscape where meeting ever-changing customer expectations is a key differentiator.
According to a Financial Services consumer study, 73% of consumers expect personalized product recommendations when sharing their data.i By offering targeted products, financial institutions not only suffice customer expectations but also can increase sales by 20% and profits by 30%ii through improved cross-selling models.
Download this webinar to explore how financial institutions can improve customer retention and boost revenue. OpenText experts will discuss how AI-powered recommendations attract more customers, strengthen brand loyalty and retain their business to increase sales.
The webinar highlights how OpenText Magellan for Financial Services, a fully-integrated, self-service AI platform that offers robust cognitive and predictive analytics, can increase the quality and accuracy of product recommendations and overall cross-selling strategies.
Watch now to learn how to increase profitability with AI-powered recommendations for Financial Services—and capitalize on the promise AI holds for tomorrow.
i Accenture Financial Services Consumer Study (2017)
ii Tamturk, Venus. CMS Connected, The ROI of Recommendation Engines (2017)