Analytics for Matrimonial
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Analytics for Matrimonial AAUM Confidential This document contains information and data that AAUM considers confidential. Any disclosure of Confidential Information to, or use of it by any other party, will be damaging to AAUM. Ownership of all Confidential Information, no matter in what media it resides, remains with AAUM.
Corporate profile Founded by IIT Madras alumnus having extensive global business experience with Fortune 100 companies in United States and India having three lines of business Analytics Competitive Intelligence Livelihood • Appropriate statistical models • Actionable insights to clients for •Services ranging from promotion of through which clients can measure their business excellence livelihoods, implementation services, and grow their business. livelihood & feasibility studies. Key Focus Areas in Advanced analytics and Predictive analytics Product – geniSIGHTS (Analytics/BI), Ordo-ab-Chao (Social Media) More than 25 consulting assignments for Businesses & Govt orgs Partnership – Actuate, IIT Madras, TIE and 3 strategic partnerships Aaum’s office, IIT Madras Research Park Dedicated corporate office at IIT Madras Research park since 2009 Prof Prakash Sai Puneet Gupta Padma Shri Dr. Ashok Jhunjhunwala Dr. Prakash Sai is professor at the Department Puneet spearheads the IFMR Mezzanine Dr. Ashok Jhunjhunwala is Professor at the of Management Studies, Indian Institute of Finance (Mezz Co.), is strengthening the Department of Electrical Engineering, Indian Technology Madras. He has wealth of delivery of financial services to rural households Institute of Technology Madras India. He holds a international consulting experience in Strategy and urban poor by making investments in local B.Tech degree from IIT, Kanpur, and M.S. and Formulation financial institutions. Ph.D degrees from the University of Maine, USA. -2-
Competencies in Advanced analytics Competitive intelligence Livelihood Competitive assessment Build appropriate statistical models through Provide actionable insights to clients for Perform livelihood services ranging from which clients can measure and grow their their business excellence. promotion of livelihoods, implementation business. services, livelihood and feasibility studies. Expertise in Expertise in Expertise in • Digital Media •Business Entry •Government organizations • Finance/Insurance •Business Expansion •Non Government • Retail •Market research organizations • Entertainment •Corporate with livelihood • Human Capital focus • Government organizations •Research • Research & training -3-
Corporate profile Founded by IIT Madras alumnus having extensive global business experience with Fortune 100 companies in United States and India having three lines of business Analytics Competitive Intelligence Livelihood • Appropriate statistical models • Actionable insights to clients for •Services ranging from promotion of through which clients can measure their business excellence livelihoods, implementation services, and grow their business. livelihood & feasibility studies. Competitive Advantage –Advanced analytics, Predictive analytics Executed more than 25 consulting assignments for Businesses and Govt organizations Team of 20 members Dedicated corporate office at IIT Madras Research park since 2009 Prof Prakash Sai Puneet Gupta Padma Shri Dr. Ashok Jhunjhunwala Dr. Prakash Sai is professor at the Department Puneet spearheads the IFMR Mezzanine Dr. Ashok Jhunjhunwala is Professor at the of Management Studies, Indian Institute of Finance (Mezz Co.), is strengthening the Department of Electrical Engineering, Indian Technology Madras. He has wealth of delivery of financial services to rural households Institute of Technology Madras India. He holds a international consulting experience in Strategy and urban poor by making investments in local B.Tech degree from IIT, Kanpur, and M.S. and Formulation financial institutions. Ph.D degrees from the University of Maine, USA. -4-
Competencies in Advanced analytics Competitive intelligence Livelihood Competitive assessment Build appropriate statistical models through Provide actionable insights to clients for Perform livelihood services ranging from which clients can measure and grow their their business excellence. promotion of livelihoods, implementation business. services, livelihood and feasibility studies. Expertise in Expertise in Expertise in • Digital Media • Business Entry • Government organizations • Finance/Insurance • Business Expansion • Non Government organizations • Travel & Logistics • Market research • Corporate with livelihood focus • Retail • Research • Entertainment • Human Capital • Government organizations • Research & training -5-
What Aaum can offer Performance Recommendation analysis engine Insightful Advanced dashboard Analytics Experience the magic by clicking our Genie -6-
Performance Recommendation analysis engine Performance analysis at various levels are vital to the success Insightful Advanced dashboard Analytics Churn GENERATE Registrants Partially completing Free Expresses the free profile registrants interest for Paid registrants paid COLLECT Feedback Churn Right KPIs tied to right customer profiles at right time -7-
Performance Recommendati Recommendations based on the learnings from the analysis on engine performance analysis Insightful Advanced dashboard Analytics •What approach for what candidate profile • Conversions (Likelihood to make the payment) • Targeting right prospects • Page access • Time spent on tasks • Submission of horoscopes, photos, references, etc • Time spent on profiles • Responses, acceptance, rejects, interests •Advise/empower the “personal relationship manager” to adopt appropriate preventive/corrective actions • Kiosk/Center level recommendations • What profiles to approach for quick conversions -8-
Performance Recommendatio analysis n engine Insightful dashboard to improve the business Insightful Advanced dashboard Analytics • Monitoring the candidate specific score levels •Make actions from it • Categories • forming elite communities IIT, IIM, etc • IT software developer from top B schools with eng Background • Caste/Sub caste/Communities • Category performance vs overall performance. • Overall performance to median (Bellcurve) • Trend analysis • and many … Strategic partnership with • state of the art reporting solutions -9-
Performance Recommendation analysis engine Advanced analytics to illuminate insights from the data Insightful Advanced dashboard Analytics • Predicting prospect’s willingness to continue • Churn •Acquisition • Cohort analysis to know the effectiveness of the engagement • Planning and Scheduling promotions/events • “Generic online Sunday meetings” vs Café Coffee Day meetings for a few” • Building models that watch for thresholds •Early alerts i.e. keeping track of attrition • Remove fake profiles • Based on advanced algorithms - 10 -
Free state activity - approach Free period is computed, which is the difference in days between the next payment date and previous expiry date. Free period is bucketed into the levels, • 0-15 days(level 1), 15-30 days(level 2), 30-60 days(level 3), 60-365 days(level 4), >365 days(level 5). Activities are classified into 6 broader categories, Login Basic profile modification • Assured contact, Birthday offer, Family info modification, Hobby modification, Modification screening, Profile modification Advance profile modification • Add photos, Add reference, Horoscope generation, Ignore, Mobile alert registration, Profile delete Match view Match initiation • Contact history, Filter, Match watch, Photo match watch Match communication • Block, Horoscope request receive, Horoscope request sent, Online payment failure, Personal message receive, personal message sent,, Phone view request receive, Phone number request sent, Interest receive, Reference request receive, Reference request sent, Sent interest, Voice message receive, Voice message sent, Phone number request receive - 11 -
Free period – looking into the distribution(days) & Customer segments Free period is the difference in days of previous expiry Free period of the customers been divided into - 0-15 days (level1), 15-30 days (level2), 30-60 days date and next payment start date. (level3),60-365 days(level4), >365 days (level5) The above plot gives the distribution of the free period, the free period is ranging from a min of 2 days to max of 1563 No free period in the level4, i.e, 60-365 days. days, with an average free period of around 130 days. The plot gives us the proportion of the customers coming The second plot gives a better view of the distribution. under each level of the free period. Around 80% of the customers became paid members with in 2 months of free period. - 12 -
Activity in the free period levels – proportion of the customers Login and Match view are umbrella activites, hence not considered while dwelling deep into the activities. - 13 -
Activities, sub activities in the free period Add photo accounts to 60% of the advance Profile modification accounts to 57% modification of the Basic modification Around 88% of the match initiation type is The activities – personal msg receive, receive due to the photo match activity interest and sent interest account to almost 71.5% of the match communication activity category The above plot is the broad activity type and underlying activity view. - 14 -
Free period levels – various activities We have come up with a metric – Expected activity per day, to measure the activity of each customer coming under various free time levels. The metric is the ratio of the no.of times the activity happened to the free time days per each customers each activity. This metric is calculated at the broader activity type and at even each of the activities. The following slides will help in understanding the expected underlying activity distribution over the different free time levels. Activity period in days, calculated as the difference from next payment date and activity date. Further, the activity period is divided into three phases, namely “Initial phase”, “Mid phase”, “Near payment phase” Initial phase – first one-third of the activity period Medium phase – second one-third of the activity period Near payment phase – last one-third of the activity period Further dwelled deep by looking into 5 parts of the activity period categorised as “Phase 1”, “Phase 2”, “Phase 3”, “Phase 4”, “Phase5” - 15 -
Activity phases in the free period (0-15 days) – various activities The free period is categorised as “initial phase”, “mid phase”, “near payment phase”, There is sudden dip in the average expected underlying activity from the second phase to the third phase which is the near payment phase and this tells us that the underlying activity has been more performed more in the start and mid phrase of the free period. - 16 -
Activity phases in the free period (15-30 days) – various activities The free period is categorised as “initial phase”, “mid phase”, “near payment phase”, which are the 1/3rd, 2/3rd & 1 of the free period. - 17 -
Activity phases in the free period (30-60 days) – various activities The free period is categorised as “initial phase”, “mid phase”, “near payment phase”, which are the 1/3rd, 2/3rd & 1 of the free period. - 18 -
Activity phases in the free period (>365 days) – various activities The free period is categorised as “initial phase”, “mid phase”, “near payment phase”, which are the 1/3rd, 2/3rd & 1 of the free period. - 19 -
5 Phased activity period, free period (0-15 days) – various activities The free period is categorised as “phase1”, phase2”, “phase3”, “phase4”, “phase5”, which are the 1/5th, 2/5th 3/5th, 4/5th,1 of the free period. - 20 -
5 Phased activity period, free period (15-30 days) – various activities The free period is categorised as “phase1”, phase2”, “phase3”, “phase4”, “phase5”, which are the 1/5th, 2/5th 3/5th, 4/5th,1 of the free period. - 21 -
5 Phased activity period, free period (30-60 days) – various activities The free period is categorised as “phase1”, phase2”, “phase3”, “phase4”, “phase5”, which are the 1/5th, 2/5th 3/5th, 4/5th,1 of the free period. - 22 -
5 Phased activity period, free period (>365 days) – various activities The free period is categorised as “phase1”, phase2”, “phase3”, “phase4”, “phase5”, which are the 1/5th, 2/5th 3/5th, 4/5th,1 of the free period. - 23 -
Basic modification, underlying activities – (0-15 days) Further looking into the underlying activites of each broader activity classification. The above plot is the distribution of the various expected activity distribution over the three phases of the free period of the activity type “Basic profile modification”. - 24 -
Advance modification, underlying activities – (0-15 days) The above plot is the distribution of the expected activities distribution over the three phases of the free period of the activity type “Advance profile modification”. Here we can see the average add photos, add referance, and ignore are high in the mid phase. - 25 -
Match initiation, underlying activities – (0-15 days) The above plot is the distribution of the expected activities distribution over the three phases of the free period of the activity type “Match initiation”. Here we can see the average of expected contact history and match watch are stable in the first two phases and dropping in the third phase. Photo match watch average expected activity is dropping down over the phases. - 26 -
Match communication, underlying activities – (0-15 days) Most of the activities remained stable over the three phases except for the activity interest receive and sent interest where the average dropped in the near payment phase. - 27 -
Basic profile modification, underlying activities – (15-30 days) Basic profile modification, 15-30 days, the distribution of the underlying expected averages. - 28 -
Advance profile modification, underlying activities – (15-30 days) Advance profile modification, 15-30 days, the distribution of the underlying expected averages. - 29 -
Match initiation, underlying activities – (15-30 days) Match initiation, 15-30 days, the distribution of the underlying expected averages. - 30 -
Match communication, underlying activities – (15-30 days) Match communication, 15-30 days, the distribution of the underlying expected averages. - 31 -
Basic profile modification, underlying activities – (30-60 days) Basic profile modification, 30-60 days, the distribution of the underlying expected averages. - 32 -
Advance profile modification, underlying activities – (30-60 days) Advance profile modification, 30-60 days, the distribution of the underlying expected averages. - 33 -
Match initiation, underlying activities – (30-60 days) Match initiation, 30-60 days, the distribution of the underlying expected averages. - 34 -
Match communication, underlying activities – (30-60 days) Match communication, 30-60 days, the distribution of the underlying expected averages. - 35 -
Basic profile modification, underlying activities – (>365 days) Basic profile modification, >365 days, the distribution of the underlying expected averages. - 36 -
Advance profile modification, underlying activities – (>365 days) Advance profile modification, >365 days, the distribution of the underlying expected averages. - 37 -
Match initiation, underlying activities – (>365 days) Match initiation, >365 days, the distribution of the underlying expected averages. - 38 -
Match communication, underlying activities – (>365 days) Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Near payment phase Match communication, >365 days, the distribution of the underlying expected averages. - 39 -
Analytical Advantage Using Mathematical modeling Case studies
Case Study : Campaign and Publisher scoring for a major US based digital media & content platform firm Project Context: Our client, a US based media and content platform firm for engaging the audience with the most money and influence online with more than 1,000 publishers as partners. The client approached Aaum to reap analytical insights from their humongous transaction data AAUM’s Contribution: • Devised and tracked the Key proportions and Key Performance across the sites and publishers • Achieved “performance scores” to qualify the site/campaign performance characteristics (CTR, Margin, CPM and Delivery rate) and got validated. • Extended the scoring technique to derive segment specific indices and compared the peer campaigns • Root cause analysis: Inspection of site performance attributes of the critical campaigns Sample Deliverables … scoring is extended further to derive segment … Key proportions and Key Performance … qualifying the performance by scoring specific indices and compared with their peers Root cause analysis of the critical campaigns … acid test on our scores - 41 -
Case Study : Analytical support for a major television network Project Context: Our client, a national television network approached us to derive analytical insights by slicing and dicing multiple scenarios to help the top management to arrive at actionable results. AAUM’s Contribution: • Understanding of target audience, frequent respondents and provision to reward the most loyal respondent (Integrated over a period of time) • Respondent behavioral characteristics - by age group, gender, voice/non voice • Media campaign/promotions efficacy - What time is better, Which channel is better? Sample Deliverables … extracted insights by … chennai’s female population ….analysis strengthened the dimensional analysis are older than other vital media channel to reward the circles loyal customers. - 42 -
Case Study: Developed KPI’s and Predictive Analytics for a HR Consulting firm Project Context: Our client, a HR consulting firm, approached AAUM to develop comprehensive metrics which could be standardized across its clients AAUM’s Contribution: • Developed standard metrics that could be rolled out across to the clients of the consulting firm • Performed interaction analysis for ‘key metrics’ to derive a holistic understanding • Developed predictive models for some very useful parameters Sample Deliverables Standardized metrics were Interaction analysis of key Predictive models were built defined and developed metrics was performed and using Random Forests for key insights were derived parameters - 43 -
Case Study: Analytical support for a major ticket booking company Project Context: Our client, a major ticket booking company approached AAUM to provide comprehensive analytical insights to help the top management to arrive at actionable results. AAUM’s Contribution: • Developed RFM metrics to help the management to effectively segment customers and reward them. • Performed cohort analysis to qualify the churning, effective engagement with agents. • Qualified traveler’s behavioral patterns on routes, regularity, age, gender, per ticket value, lead days, etc. • Developed dynamic pricing strategy based on the unfilled inventory levels. Sample Deliverables Margin analysis … Cohort analysis to qualify churn & engagement disengagement levels … RFM … acquisition … - 44 -
Case Study: Analytical support for the largest integrated travel and travel related financial services company Project Context: Our client approached AAUM to offer effectively qualify their business operations with insights from data analysis. AAUM’s Contribution: • Devised methodology to effectively qualify the payment cycle, ageing metrics, outstanding from customers. • Performed credit limit analysis, qualified credit consumption patterns and suggested efficient methodologies. • Performed fare analysis to optimize the travel offerings to customers. Sample Deliverables lead analysis on ticket fare of credit consumption and breaching promptness in payments … airline travel … patterns … - 45 -
Case Study: Lodging analytics for leading global lodging solutions company Project Context: AAUM offered analytical support to a leading global lodging solutions company to leverage their business. AAUM’s Contribution: • Slicing and dicing of data to understand customer’s hotel booking preferences qualified on savings, effective rate and net paid. Sample Deliverables effective rates over customer preference, location, Trend analysis to understand the effective rate pattern in position, etc … a year … - 46 -
Case Study: Business intelligence for a leading financial services company Project Context: Developing Business intelligence and analytical capability for a leading financial service company AAUM’s Contribution: • Analyzed current BI maturity with comprehensive data analysis of the customer datum collected by our client • Evaluated and suggested comprehensive plan for BI maturity • Identified as strategic partner to perform predictive analytics in multiple phase spanning two years Sample Deliverables - 47 -
Case Study: Measuring the movie performance by mining social media sentiments Project Context: Research project funded by the company to devise a performance dashboard on various attributes for a movie to predict the success at the Box office. AAUM’s Contribution: • CaseObjectives Team AAUM extracted and analyzed the information from the web sources like YouTube and twitter to achieve the specified Business Study : • Developed dashboards for various attributes and analyzed the trends in the sentiment scores by using clustering, classification techniques. Sample Deliverables - 4 -7- - 48 -
Case Study: Market Basket Analysis and Loyalty program Project Context: Our client approached us to develop a framework to analyze the transaction data of their customers and tie these insights with loyalty card program and reward their customers by their preference and loyalty factor. AAUM’s Contribution : • Mined association rules to provide strategic insights for cross-sell/up-sell opportunities • Framed out loyalty management model for the client. Sample Deliverables - 49 -
Case Study: Crime Analytics for Tamil Nadu State Crime Records Bureau Project Context: Our client, police Department archived the crime data for the past ten years and approached AAUM to deliver insights by performing appropriate analytical techniques. AAUM’s Contribution: • Discovered hotspots of crimes by cluster analysis of the historic data. • Trend analysis of different crimes • Mining insights from the police records by text mining • Derived KPIs for crime department to monitor the crimes. Sample Deliverables Mining insights from the comments recorded Hot Spots found out for crimes in Chennai city. Trend movement for each type of Crime - 50 -
Case Study: Predictive model to grade the performance of DCCBs Project Context: Developing Business intelligence and analytical capability for a leading rural bank AAUM’s Contribution: • Analyzed current BI maturity with comprehensive data analysis of the customer datum collected by our client • Evaluated and suggested comprehensive plan for BI maturity • Identified as strategic partner to perform predictive analytics in multiple phase spanning two years Sample Deliverables - 51 -
Case Study : Analytics on data collected by a rural research firm Project Context: Our client has collected valuable data through their Kiosks and wanted to derive insights which can identify new potential business for rural India AAUM’s Contribution: • AAUM profiled the villages and identified clusters • Thorough analysis done for seven villages in three districts based on income slabs adopted from NCAER & Mckinsey report • Identified new businesses which would flourish once the villagers migrate to higher income slabs Sample Deliverables As the villagers start earning More than 50% of ….and they prefer private villagers in Allivilagam more they will spend on hospitals. earn less than Rs. communication and health care …. 22,500 per annum Never visited doctor 0.32% 0.00% 0.43% 6.35% 0.84% 0.42% 0.33% 0.00% 0.67% 0.00% 1.35% 0.00% 1.35% 0.00% 2.70% 0.00% 0.00% 3.95% 0.45% Healthcare 3.13% 3.35% 3.00% 0.00% 5.41% 3.77% 3.38% 0.50% 2.66% 3.49% 3.50% 3.54% 3.18% 3.02% 2.73% Seekers (Rs 200000 - 500000) 20.00% Ayurveda siddha doctor 15.57% 8.41% 18.23% 24.92% 20.29% 17.89% 17.48% 16.77% 17.94% 18.92% 18.11% 26.67% 32.43% 24.35% Education & Recreation 5.26% 29.73% 48.48% Aspirers (Rs 90000 - 200000) 7.14% 8.13% 8.57% VHN 6.35% 11.18% 9.62% 32.73% 12.12% 15.31% 7.04% 8.24% C ommunication 15.70% Deprived - upper middle income (Rs 7.00% 8.33% 18.65% 62000 - 90000) 13.19% 6.45% 4.81% 10.63% 11.64% 36.89% 39.33% Private C linic 12.56% 1.74% 2.83% 12.09% 13.10% 14.22% 1.21% 36.67% 32.43% 27.03% 60.00% Deprived - middle income (Rs 45,000 - 2.59% 2.81% Travel 62000) 2.98% 3.28% 13.52% 32.63% 3.26% 27.27% Private hospital 2.87% Deprived - lower middle Income ( Rs Housing and Utilities 51.82% 22500 - 45000 ) 52.56% 51.23% 48.72% 44.79% 45.70% 42.59% 41.10% 33.87% 35.77% 35.14% Government hospital Deprived - Low Income (
Case Study: Building Claims Analytics solutions for Healthcare Project Context: Our client approached AAUM to build and implement analytical models for their Healthcare Claims Intelligence and Insights solution that was targeted at US Healthcare providers AAUM’s Contribution: • A workflow and architecture for the claims engine was designed after interactions with the client • Comprehensive collection of data from the client was undertaken to frame the input for the model • Based on the design and data, the model was built with flexibility to be customized across client requirements Sample Deliverables Workflow and architecture Claims, Provider, Billing team and The outcome of the approach was a of the claims engine were call data were used as input model which could be customized designed variables to build the model as per client requirements - 53 -
Case Study: Credit scoring framework for Micro Finance Institutes (MFI) Project Context: Our client wanted Aaum to evaluate and identify a suitable credit scoring framework for scoring MFIs AAUM’s Contribution: • Aaum presented a white paper evaluating various credit scoring methodologies • Plan in progress for solution implementation. Sample Deliverables - 54 -
Case Study: Business intelligence dashboard Project Context: Our client approached Aaum to build cost-effective analytical dashboards to reap the benefits of analytical insights for their business activities. AAUM’s Contribution: • Customized analytical dashboards specific to client business • Dashboard and reports developed and customized specific to roles. • Appropriate KPIs and metrics generated specific to the client business. • Ability to store reports in multiple formats Sample Deliverables Dashboard and reports were Enriched with reports, KPIs and Multiple possibilities to store developed/deployed specific to information as per user content in the format desired roles … privileges … by the business … - 55 -
Case Study: Design & delivery of innovative financial products for empowering SHG Project Context: Aaum is developing the individual credit scoring model in partnership with NABARD, National banks, Government, NGOs to grade individuals/SHGs. AAUM’s Contribution: • AAUM team simplified the process with no physical requirement to travel physically to SHG/NGO locations. • The team is devising credit score algorithms and configured in the server to perform automatic scoring. • The entire model is getting deployed in the mobile phone to facilitate quick reach in the remote places. Sample Deliverables The system would captures all receipts (for the money collected from individual members) - 56 -
Case Study: Geographic Dispersion of Business Risks for a financial institute Project Context: Our client wanted AAUM to build geographical dispersion of business risks in India AAUM’s Contribution: • AAUM identified the variables needed to build risk at a location and created demographic risk framework • AAUM used demographic risk frame work and identified risks for 60 districts in 18 states in India Sample Deliverables - 57 -
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