Banking and finance are extremely complex sectors to handle. Hundreds of regulations, risk factors of managing finance, and a huge demographic of customers. These factors make it really difficult for banks and finance companies to provide satisfactory services.
Hence, it would be obvious to say that banking and finance services contain a big amount of data. However, the smartness of a company lies in utilizing that data to improve processes. Every customer interaction, transaction, and other processes create electronic data to record, store and utilize. Smart companies incorporate advanced technologies and get the maximum out of their data.
In today’s scenario, finance and banking services don’t like to wait to conduct data analysis and get results. Most of the evaluation takes place in a real-time, making decision-making quicker and accurate for these services.
There are a variety of processes where data is used to attain precision:
Banks and finance companies target a very broad group of customers. However, every customer deserves different approach due to his or her behavior. Customer segmentation is all about targeting customers according to their behavior.
With the rise of data, banks have understood that product-centric marketing is not effective. Finance companies have played a valuable role in categorizing customers too.
Analyzing huge amounts of data, companies find out valuable information related to transaction demographics, personal conditioning, and other factors. Then, it becomes extremely easy for services to create groups of customers according to their behavior.
Risk assessment is involved in every sector. However, finance and banking companies need to attain a clear picture of potential risk in order to avoid hidden financial dangers.
Information is power when it comes to risk management. The more you know, the better. Advancement in the data analytics has given extreme powers to banks. Data technologies allow services to gather loan history, credit card details, and other information.
Combining data from multiple databases, services make risk evaluation accurate and effective with data. Multiple data sets are tested and tracked on an ongoing basis to keep finance companies on the right track.
Personalization in marketing becomes possible with a hyper-segmentation of customers. Companies try to categorize customers into more specific segments.
Mostly, finance and bank services target individuals according to their buying nature. Data comes handy in this process as well. Finding browsing habits of customers helps services understand what they are looking for. The collected data is then converted into strategies and analyzed to meet company goals.
There are many different forms of data that help in personalizing services. Companies collect data through social media profiles in order to know the likes and dislikes of consumers and their sentiments. Technologies such as machine learning and NLP make sentiment analysis of collected data easier.
Detecting a fraud is probably the most difficult job finance and bank companies have to conduct. Having millions of customers with all kinds of services makes fraud detection really hectic.
But, not when predictive analysis is employed with machine learning.
Integrating machine learning with data allows services to track every activity in real-time. Machines analyze daily activities of a bank and keep a track of the activities. Any fraudulent activities are detected immediately. In fact, banks can automatically take actions such as blacklisting a card, blocking an account or any other valid action.
Regular audits are necessary for financial and banking services in order to ensure compliance. Auditing information, activities, finance and other factors require data and evaluation technologies.
Maintaining a high standard of compliance, banks and finance companies use data analysis to audit security and privacy levels in their company. Potential regulatory issues become visible with comprehensive data analysis. Hence, services obtain an opportunity to tackle those regulatory issues before a crisis strikes.
Finance companies and banks are leveraging data to improve internal and external business functions. Data incorporation has become a necessity in terms of customers, compliance, and business as well.
An industry completely based on money, banks and finance companies have to rely on data. It is not just about knowing more. The industry saves hundreds of hours with data analysis and machine learning.
Here are a few companies using data in a unique manner to improve processes.
This financial services provider holds a customer base of more than 200 million in over 160 countries.
Applying a comprehensive data-driven approach, Citibank gathers data and segments it into a granular level. Then, machine learning is used to understand the potential use of data in customer acquisition and retention. Data tracking is used in finding transaction records, which minimizes incorrect transaction issues. A predictive model is created by algorithms that allow authorities to modify processes before an error occurs.
The credit score of a person helps in assessing his or her risk profile. Financial services use credit scores to decide the eligibility of a loan seeker. However, there are thousands of seekers that have no credit score.
Using data and machine learning, Kreditech is resolving that problem. They collect data from a variety of points and conduct an algorithm based analysis to find eligibility of a person. It doesn’t take more than a few minutes for algorithms to establish a credit score.
A lender has to decide which borrower is perfect to lend money. Finance companies evaluate hundreds of factors to understand about borrowers. However, lack of proper information and time-taking evaluation presents the risk of losing customers.
To resolve this problem, ZestFinance has found a reliable solution with data. Integrating machine learning in borrower data analysis allows this company to collect and analyze data from thousands of points. This way, lenders obtain quality information without losing opportunities.
Hidden risks stop investors from making profitable decisions. Most investors limit their investments due to the lack of risk assessment. However, an investment looks like a risk only until you have no clue what you are doing. Once you have all the potential outcomes visible, investing become much more comfortable.
PeerIQ is making this happen for investors. They collect data and conduct a predictive analysis to provide information that is useful for investment decisions. Gaining helpful insights allows investors to get a clear picture of their investments in advance. Hence, they can put their money in the right products.
Another company that is using data in credit analysis is Tala. However, they employ a unique approach to credit evaluation. Tala uses mobile data of hundreds of thousands of users and creates useful insights related to their credit.
As mobile phones are used by almost every person, Tala is able to collect a wide range of data and analyze to find perfect borrowers. Data categorizes people into two major categories, but there are hundreds of factors that work on data. Eventually, the company obtains a list of people who fit the criteria of becoming a borrower.
When thinking about auditing, finance companies worry about losing hundreds of hours. A great amount of manpower is required for manual auditing, even when data is available. But AppZen has resolved this problem. This finance service has brought automation in auditing with machine learning. A huge amount of data allows machine learning algorithms to automatically audit business functions in a real-time.
Investing in machine learning data auditing has allowed this company to reduce costs to a great extent. AppZen saves almost 50% of their general costs with automated data auditing.
Suppliers always look for reliable financing options that are affordable. Flowcast is making this possible with their API. A huge data collection and organized insights allow suppliers to find financing solutions that are most suitable. Hence, a difficult task starts seeming extremely simple with Flowcast.
Data and machine learning are two pillars holding the future of banking and financial services. Many companies have understood this and started moving forward, and others are planning to do so. This means that investments in data-driven processes are going to increase in the finance sector. Companies will hire professionals who are technically capable of managing and using data. All in all, the future of banking sector holds a variety of data-driven processes, which will revolutionize the industry furthermore.
Hopefully, this shift towards datafication will keep on growing and improving customer experience, compliance, fraud detection and other aspects of this sector.
Software Engineer – Full time
We’re a team of high-tech Engineers working on fresh big data problems. An integral part of our offerings is web-scale crawl and extraction using cloud computing and machine learning techniques. We’re on a quest for innovative ways to solve the business problems of data acquisition and normalization on the web. Our vision is to make PromptCloud a one-stop brand for data and our growth is geared towards that.
Where we are at PromptCloud- We are a bootstrapped company in the mid-growth phase and are planning to quickly expand (not much in terms of personnel) but heavily with respect to the solutions we can provide to big data problems in the market. We started off with international clients and we have pretty much covered the globe at that.
What PromptCloud expects for this role:
– Sound knowledge of Algorithms and OOP concepts
– Proficiency with Linux/Unix (required)
– Knowledge of any one of the scripting languages – Ruby/Perl/Python
– Graduated from a tier-1 college (IITs, NITs, IIITs, BITs) or you’re dead smart to blow us away with your tech skills
– 1 to 3 years of industry experience in a tech role
– Prior experience with a startup or Big Data technologies is a plus
– Prior exposure to web technologies, Rails, Django is a plus
– Energy and passion for working in a growing company
– Sense of ownership and attention to detailsDevOps experience
– An entrepreneurial and experimental mindset
What you will receive:
– Truckloads of learning
– Friendly environment and a culture for growth
– Collaboratively solving exciting challenges with smart minds around
– Busy days and busier nights that you won’t regret
– All things good or great at any bootstrapped company
Ruby on Rails Developer – Full time
We’re a team of high-tech Engineers working on fresh big data problems. An integral part of our offerings is web-scale crawl and extraction using cloud computing and machine learning techniques. We’re on a quest for innovative ways to solve the business problems of data acquisition and normalization on the web. Our vision is to make PromptCloud a one-stop brand for data and our growth is geared towards that.
Where we are at PromptCloud- We are a bootstrapped company in the mid-growth phase and are planning to quickly expand (not much in terms of personnel) but heavily with respect to the solutions we can provide to big data problems in the market. We started off with international clients and we have pretty much covered the globe at that.
We’re looking for a Ruby on Rails developer to take over various responsibilities in design and development of rails application. The role involves client side as well as server side expertise.
What PromptCloud expects for this role:
– At least 1-2 year experience working with Ruby on Rails (or Django) and MVC
– Experience working with HTML5, CSS3, JS, jQuery, AJAX, and other web technologies
– Experience working with Linux
– UI/UX Design and front end development experience
– Ability to write well-abstracted, reusable code for various UI components
– Should be willing to work independently and take end-to-end ownership with minimal guidance
– Excellent time-management, multi-tasking, communication and interpersonal skills.
– Must have great design and good documentation skills
Applicants having the following skills will be given preference:
– Knowledge of open source tools such as Firebug, Chrome developer tools
– Experience working with Twitter Bootstrap & Node.JS
– Work independently and end-to-end with minimal guidance
– Ability to write well-abstracted, reusable code
– Excellent time-management, multi-tasking, communication and interpersonal skills
– Must have great design and good documentation skills
What you will receive:
– Truckloads of learning
– Friendly environment and a culture for growth
– Collaboratively solving exciting challenges with smart minds around
– Busy days and busier nights that you won’t regret
– All things good or great at any bootstrapped company
DevOps Engineer – Full time
We’re a team of high-tech Engineers working on fresh big data problems. An integral part of our offerings is web-scale crawl and extraction using cloud computing and machine learning techniques. We’re on a quest for innovative ways to solve the business problems of data acquisition and normalization on the web. Our vision is to make PromptCloud a one-stop brand for data and our growth is geared towards that.
Where we are at PromptCloud- We are a bootstrapped company in the mid-growth phase and are planning to quickly expand (not much in terms of personnel) but heavily with respect to the solutions we can provide to big data problems in the market. We started off with international clients and we have pretty much covered the globe at that.
Responsibilities:
– Ensure 100% availability and reliability of our service,
– Help the company make optimized infrastructural choices.
– Create and implement tools that manage infrastructure.
– Work independently and end-to-end with minimal guidance.
Skills:
On the system side
– Experience with Puppet/Chef/Ansible, Amazon Web Services (AWS), Git, Graphite and related tools for large-scale systems management
– Experience working with linux system monitoring and analysis
– Good understanding of distributed computing environments
– Open to working non-standard hours in critical situations
– Replication of databases (both relational or NoSQL) across geographical regions using various consistency models
– Experience with package management systems such as APT or RPM
On the development side
– Basic coding/scripting ability in Ruby, Python or any other scripting language
– Write clean, elegant and reusable OO code. This is not a sysadmin job.
– Ability to write well-abstracted, reusable code and good documentation skills
– Some understanding of REST and other web technologies is a plus.
– The ideal candidate for this position should have good attention to details, along with excellent time-management, multi-tasking, communication and interpersonal skills.
What you will receive:
– Truckloads of learning
– Friendly environment and a culture for growth
– Collaboratively solving exciting challenges with smart minds around
– Busy days and busier nights that you won’t regret
– All things good or great at any bootstrapped company
Marketing Manager – Full time
PromptCloud is looking for a growth hacker to take over responsibilities in developing and executing strategic marketing programs to meet growth objectives, develop market awareness and communicate client results. The analyst works with the Digital and Inbound Marketing Manager and other business segment executives, product management and sales leadership in supporting sales tools to attract, win and retain clients. Essentially, this profile touches all aspects of marketing and business development, thus evolving into being a successful growth-in-charge for the organization.
He/she partners with all functions within marketing as well as key external departments to drive successful, cross-functional marketing and sales initiatives and contributes towards the successful development and maintenance of key performance indicators that lead PromptCloud to 5x growth in the next 3 years.
Desired Skills and Experience:
– Tech (CS) along with an MBA degree from a top B-school
– Minimum 2 years of experience in a marketing/business analyst role
– Good experience in top and bottom level funnels
– Strong business acumen, highly developed analytical skills and recognized for innovative and creative approaches to problem solving
– Inherent empathy for the customer
– Highly professional written and verbal communication skills, along with interpersonal skills
– Hands-on experience with blogging, copywriting, content marketing & PR
– Experience in social media marketing (planning and execution) is a plus
– Experience working with a B2B/enterprise startup is a big plus
– Excellent time-management, multi-tasking and interpersonal skill
Responsibilities include:
– Understanding PromptCloud’s technology well as you progress, and using it to ideate on marketing strategies across geographies
– Performing timely market researches driven towards opening newer marketing and revenue channels that would directly affect technology roadmap (essentially growth hacking) and tracking various growth and marketing initiatives using key metrics customized to PromptCloud’s environment.
– Growing a community of big data enthusiasts on social media sites like LinkedIn and Twitter, and the technology ecosystem, and prospecting within the group
– Coordinating with vendors on collated improvements to company website via A/B testing, etc. and maintaining the same
– Collaborating with the SEO team on launching and monitoring PPC campaigns
– Creating content for various online and offline channels, and further coordinating with vendors towards this goal
– Publicizing content generated on various online and offline channels, as deemed appropriate with regular research
– Taking end-to-end ownership of tasks with moderate to minimal guidance.
What you will receive:
– Truckloads of learning
– Friendly environment and a culture for growth
– Collaboratively solving exciting challenges with smart minds around
– Busy days and busier nights that you won’t regret
– All things good or great at any bootstrapped company
(This position is currently inactive, you can still apply if you’re interested.)
PromptCloud is looking for an ambitious content marketing all-rounder who would be responsible for writing well-researched and informative content for the blog, website and other marketing collateral. The person should be an auto-pilot and self- thinker and have strong convictions along with efficient proofreading and paraphrasing skills. There will be a steep learning. As a company, we like to work with people who are smarter than their years, fast learners, and quick thinkers. Responsibility-shirkers need not apply. This is an amazing place to grow rapidly and make a real impact. If you’re someone who doesn’t tolerate low expectations, then you might be the right person for our team.
Job Responsibilities:
– Responsible for generating new opportunities: key business function is prospecting new accounts and also to manage and execute research activities as required to compile successful campaign target lists.
– Responsible for segmenting and identifying qualified outbound leads via various communication channels through in-depth understanding of their use case.
– He/she will assist in expanding the company’s database of prospects.
– He/she will be responsible for retargeting of outbound leads and launching various client-nurturing campaigns and account management including up-sell and cross sell.
– He/she will be responsible for arranging various outbound campaigns for increasing brand awareness and revenue.
Establish annual, quarterly, monthly, or weekly sales and collection plans and prioritize and schedule own –
activities so these targets are met.
– Responsible for responding to RFPs and other queries from outbound leads.
– Advising customers on forthcoming product developments and discussing special promotions.
– Understand PromptCloud’s technology well enough.
Desired skills and experience:
– Should be an MBA with a tech background.
– 2 – 4 years of experience in a similar role.
– Experience of software sales/ business development.
– Should be a Techno functional who can map Technology to Business Processes.
– Excellent written skills and ability to communicate well with clients from various geographies.
– Should have experience in handling customer queries.
– Excellent listening skills.
– Ability to understand customer’s industry and core business processes, and then identify the problems they are facing.
– Ability to understand and describe how solutions and features can address the business issues that customers are facing.
– Target focused individual contributor.
– This is an independent role with minimal guidance / interference so give us a shout only if you can ideate as well as execute end to end.
What you will receive:
– Truckloads of learning
– Friendly environment and a culture for growth
– Collaboratively solving exciting challenges with smart minds around
– Busy days and busier nights that you won’t regret
– All things good or great at any bootstrapped company
(This position is currently inactive, you can still apply if you’re interested.)
Content Writer & Social Media Marketer – Full time
PromptCloud is looking for an ambitious content marketing all-rounder who would be responsible for writing well-researched and informative content for the blog, website and other marketing collateral. The person should be an auto-pilot and self- thinker and have strong convictions along with efficient proofreading and paraphrasing skills. There will be a steep learning. As a company, we like to work with people who are smarter than their years, fast learners, and quick thinkers. Responsibility-shirkers need not apply. This is an amazing place to grow rapidly and make a real impact. If you’re someone who doesn’t tolerate low expectations, then you might be the right person for our team.
Desired Skills and Experience:
– Excellent written communication skills
– 1-2 years of full-time experience with content writing
– Should have exposure in public writing, blogs
– High attention to detail
– Hands-on experience with blogging, copywriting, content marketing & PR
– A good hang of the nuances of English language and grammar rules
– Experience in social media marketing (planning and execution) is a big plus
– Ability to learn and adapt to the latest online marketing trends
– Experience working with a B2B/enterprise startup is a plus
– Excellent time-management, multi-tasking and interpersonal skills
Responsibilities include:
– Writing engaging content for the blog, website and emails
– Creating newsletters targeted towards a B2B audience
– Generating SEO-friendly content across sources and sharing them on social media channels
– Independently coming up with GREAT content from time to time
– Developing measurable content marketing strategies
– Growing a community of big data enthusiasts on social media sites like LinkedIn and Twitter
– Understanding PromptCloud’s technology well as you progress
– Taking end-to-end ownership of tasks with moderate to minimal guidance
– Should have understanding of promotion of own articles on various platforms
– Should be familiar with keyword research and ROI on content in terms of visitors, likes, comments, leads etc
– Take ownership of on-page SEO and content promotion on various platforms including but not limited to blogs, forums and social media sites
– Have a basic understanding of Google webmaster and Analytics
– Assist in content strategy and keyword strategy to increase traffic for the website
– In-depth knowledge of and enthusiasm for social media along with demonstrated awareness of social media trends/developments
– Ability to work in a fast-moving and team-oriented environment
This is an independent role with minimal guidance / interference so give us a shout only if you can ideate as well as execute end to end.
What you will receive:
– Truckloads of learning
– Friendly environment and a culture for growth
– Collaboratively solving exciting challenges with smart minds around
– Busy days and busier nights that you won’t regret
– All things good or great at any bootstrapped company
(This position is currently inactive, you can still apply if you’re interested.)
Intern – Sales
Job Location
Bengaluru, India
Job Description
Interns in this program will work with PromptCloud’s/JobsPikr’s Sales Team at the company’s headquarters in Bengaluru, India for a duration of 2-3 months. The positions’ duties include but are not limited to prospecting, qualifying, conducting introductory calls, educating leads on the features & uses of our services/offerings, and closing deals.
Desired Qualifications
-Currently enrolled in a Business program with a Marketing or Sales focus, preferably with a Tech background.
-Excellent listening skills along with strong communication and organizational skills
-Ability to be detail oriented and realize the importance of accurate documentation and tracking
-Able to think critically, multi-task, and keep up in a fast-paced environment-Should be good with browsing through data to find the right prospects.
Job Description
-Responsible for generating new opportunities: key business function is prospecting new accounts for a newly launched product (https://www.jobspikr.com) and to manage and execute research activities as required to compile successful campaign target lists.
-He/she will assist in expanding the company’s database of prospects.
-He/she will be responsible for retargeting of outbound leads and launching various client-nurturing campaigns and account management.
-He/she will be responsible for arranging various outbound campaigns for increasing brand awareness and revenue.-Responsible for responding to RFPs and other queries from leads.
What you’ll Get!
-Challenging sales experience of breaking into a nascent market and gaining traction for a new product (using PromptCloud’s existing brand name)
-Opportunity to intern with & learn from the global leader in web data extraction
–Flexible work schedule
-Most importantly: First-hand sales experience!
-Potential full-time offer
So, are you ready help organizations across the world realize the potential of Web Crawling Services?
Note: Though all training and support shall be provided, the candidate is expected to work as an individual contributor.
Freelance Sales Agent- Multiple Geos (Commission based)
Job Location
Remote
Job Description
-Person in this role will be working remotely and independently as a sales agent responsible for generating new opportunities: key business function is prospecting new accounts and generating qualified leads for PromptCloud’s primary solutions
-Responsible for segmenting and identifying qualified leads via various communication channels through in-depth understanding of their use case
-Responsible for responding to RFPs and other queries from outbound leads and filling the middle of the sales funnel
Desired Skills and Experience
-Understand PromptCloud’s technology well enough
-Should have a good network and command over the market in one/multiple regions- especially North America, UK, EU and Middle East
–Experience of software sales/ business development in multiple verticals
-Excellent written skills and ability to communicate well with clients from various geographies
-Ability to understand customer’s industry and core business processes, and then identify the problems they are facing
-Ability to understand and describe how solutions and features can address the business issues that customers are facing
-Target focused individual contributor
How to apply
Send a mail to info+freelancer@promptcloud.com .
Note: This is an independent role with minimal guidance / interference so give us a shout only if you can ideate as well as execute end to end. All necessary knowledge base and training will be provided. Compensation will be made on a commission basis for every closed deal.