Financial Institution Online Big Data Platforms
to Serve and Acquire Small Business Customers.
FINANCIAL INSTITUTION CHALLENGES
Financial institutions face significant challenges when working with small businesses. The successful FI must find solutions to differentiate its small and medium-sized businesses (SMB) value proposition, become more efficient, and serve a diverse array of small business customers.
Value for financial institutions that implement big data for small business customers
Implementing big data insights for SMB customers using SizeUp FI provides FIs significant value and solutions to challenges they are facing.
DIFFERENTIATED TOOL FOR FIs
SizeUp FI has different offerings with unique data mash-ups and customization. Each FI can have its own unique implementation of SizeUp FI.
INDIVIDUALIZED, CUSTOMIZED SERVICE
FIs can finally provide a valuable and individualized service to all SMB customers without limitation by industry, size, or location.
COMPETE OUTSIDE OF “ME TOO” FI OFFERINGS
SizeUp FI delivers competitive advantage for FIs outside of highly competitive and regulated core industry offerings.
HELPS FI’S CUSTOMERS SOLVE PROBLEMS
The offering creates a “halo effect” for the FI because it provides insights SMBs would unlikely ever get/understand/afford individually.
INTRODUCE AND SELL FI PRODUCTS & SERVICES
SizeUp FI provides a range of value through entire business lifecycle (e.g. feasibility, launch, grow, expand, replicate) and enables the FI to introduce the FI’s products/services through SizeUp during these key lifecycle inflection points.
BOOST CUSTOMER ENGAGEMENT WITH SMBs
FIs are able to deliver customized content in real time. It also fosters a “sticky” relationship because industry rankings are always changing so customers have to come back to FI website for updates. This also leverages the psychological competitiveness of entrepreneurs.