Book Image

SAS for Finance

By : Harish Gulati
Book Image

SAS for Finance

By: Harish Gulati

Overview of this book

SAS is a groundbreaking tool for advanced predictive and statistical analytics used by top banks and financial corporations to establish insights from their financial data. SAS for Finance offers you the opportunity to leverage the power of SAS analytics in redefining your data. Packed with real-world examples from leading financial institutions, the author discusses statistical models using time series data to resolve business issues. This book shows you how to exploit the capabilities of this high-powered package to create clean, accurate financial models. You can easily assess the pros and cons of models to suit your unique business needs. By the end of this book, you will be able to leverage the true power of SAS to design and develop accurate analytical models to gain deeper insights into your financial data.
Table of Contents (9 chapters)

MBA business problem

A retail bank wanted to understand the products and services that it should try to cross-sell to its customers. The number of new customers joining the bank had reduced due to a general economic slowdown, primarily caused by fewer customers switching providers. Management decided that effective cross-selling was the key to increasing revenues. In the past, there had been continuous attempts at cross-selling. Most of these attempts were supported by some form of analysis, but the success rate of the customer campaigns to cross-sell had been lower than expected. Management wanted to take a comprehensive approach, and rely on multiple strategies and methodologies, if necessary, to drive cross-selling. To understand customer purchase behavior, MBA was proposed as one of the analysis methodologies.

By conducting the analysis, management wanted to explore the affinity...