Leveraging Analytics and
the use of Big Data
Technology has transformed the way we think about banking. As customer interaction shifts from
physical branches to the online and mobile space, banks need to develop new ways of engaging
customers. The engagement goes beyond products and services to relationships and insights.
Harnessing analytics and big data is key to building this engagement. DBS has been using voice
analytics at our customer call centre to improve customer satisfaction. Customer touchpoints such
as ATMs, which were merely output channels previously, are now a customer sensor point for us,
delivering real-time information that we can use to form a better picture of our customers and their
needs. We are tapping on IBM Watson to assist our wealth relationship managers to analyse large
volumes of data, so as to provide better quality insights to our customers.
We are also helping customers benefit from useful analysis and insights. For example, the DBS Home
Connect mobile app offers them property information and other useful data on the go.