Products

Finance

P1M1 Finance Module Decision Support Platform includes 3 major Decision Support Modules utilizing P1M1 Predictive Analytics Engine in the Cloud.

P1M1 Cash+ for optimizing ATM & Branch Cash Management and CIT Module

• P1M1 Cash+ forecasts the exact amount of cash needed to be left in the ATMs and branches by using several prediction-interval based algorithms. The analysis can also be done at cassette-level so that the need for each banknote would be determined, where this info would be a great asset for banks. Thus, the idle cash in ATMs and branches are minimized without reducing the customer satisfaction level and increasing profitability gained through interests.  Main features include:

• Recycle ATM modeling & feasibility analysis
• TSR Support
• Ability to point special days such as holidays and pay check days
• Banknote and Coin Planning
• Route Planning
• Automatic Critical Cash Limit Calculation
• Automatic Model Tuning
• Full Automatic Mode

P1M1 ATM/Branch Location Feasibility Analysis Module

Multiple Research organizations shows that customers still regard location as their major selection criteria while choosing a bank to work with. That is why banks have to determine where to locate their distribution channels very carefully. Department of Distribution Channels in banks is responsible for this important mission. Distribution channels such as ATMs can only perform well, if deployed in feasible locations, that is, locations where customers have easy-access. Optimal strategies for ATM Deployment bring the opportunity to provide greater convenience for the existing customers and to attract additional customers by covering the market with just the necessary number of ATMs. Urban Geography, Demography, and Commercial Area are the key factors that affect the performance of ATMs. However, this information is really not sufficient to locate the new ATMs accurately.

In today’s world, after the analysis with this very limited information, field investigation is conducted to finalize the location. P1M1 takes all relevant factors into account and analyzes these factors using the effective techniques of OR so that more accurate solution comes out. Therefore P1M1 solution offers:

• The more accurate output, the less effort in field investigation
• The more convenient location, the more customers and the more transactions

Main features include:

• Optimal ATM deployment
• New ATM analysis
• Demonstration of Cannibalism effect with before & after analysis
• Flexibility to map individual layers

P1M1 Branch & Central Operations Resource Optimization Module