Industry veteran and the President of Expero, Sebastian Good asserts that retail, commercial, and investment banks have missed tremendous opportunities, incurring costs and inefficiencies, due to a lack of connected data and processes. By applying expertise and technology in connected data visualization, user experience, data science, and machine learning, Expero provides deep insights and helps identify risks and opportunities that may otherwise have gone unnoticed. The company enables banks to focus on core business issues by applying their cutting-edge expertise in technology to connect the dots between key banking business issues like customer 360, internal and external fraud discovery, identity and entitlement management, and portfolio management and optimization. “Diving into hard problems across industries like biotech, financial services, high tech, oil and gas, pharma, and others is what enables us to stay on top of the best technologies and bring insights and new ideas to our customers,” states Good.
As a custom software development company, Expero uses new graph technologies and analytics to connect a bank’s data in a much more meaningful and repeatable way. The company also allows managing auditing and compliance, which is incredibly complex and expensive in regards to data exposure. A graph model implemented using a graph database is ideally suited for managing, enforcing and navigating the rich semantic relationships required for Authorization Master Data in a concise way that is familiar to business stakeholders and is difficult to accomplish with relational model mapping.
The company’s solutions have proven to be of great impact for various customers across the globe.
Our customers recommend us to other new prospects and we believe that this is the key to continued value in the market
For instance, a large global bank with a worldwide presence was facing multiple data related issues while managing compliance and auditing across each of the different business units. Their existing data silos required a real-time solution that would provide a simple and historical view of auditing and compliance alongside the ability for data system access, identification of permissions, and internal fraud avoidance. They also need the ability to create a case with all associated data, access, permissions, and historical information of the previous audit. Expero provided a solution that allowed for simple data connection and visualization with all of the connected data in a real-time environment. The solution now has the power to save millions in potential fines, and simplify the search, and intervention of internal theft.
Expero’s is an expert team with a diverse background and incredible set of skills, both with respect to the business and technical capabilities. It possesses a unique culture that allows the creative, technology and business teams to work together, giving the company the competitive advantage they require over their peers. The work culture also incorporates working from multiple offices, different team functions and internal special interest groups on diverse topics from user visualization, product thinking, and machine learning for all groups, and not just the technology experts. Expero’s software solution toolkits allow the company to cut costs and increase time to market through its joint solutions with customers.
For the future, the company plans to expand its team with a continued focus on customer satisfaction and ultimate client success. “Our growth effort has continued on an incredible growth pattern with new customer acquisition of approximately 200 percent per year, and a significant bottom and top-line growth each year. Our customers recommend us to other new prospects, and we believe that this is the key to continued value in the market,” states Good.