Uses of Competitive Intelligence in Banking and Insurance
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Competitive monitoring and insights
Continuously monitor competitors' activities, product launches and updates, and marketing campaigns to make better informed strategic decisions.
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Market & Industry trends tracking
Track trends and industry-wide developments to make informed decisions about product innovation, strategies, and business model adaptations.
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Regulatory compliance monitoring
Keep track of changes in BFSI regulations, guidelines, and industry standards that may significantly impact your business to take timely, appropriate actions.
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Key account monitoring and insights
Track signals of your key accounts to understand and identify potential opportunities with them and strengthen relationships.
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Competitive product benchmarking
Create comparative visual charts of your products and use these insights to make product decisions that give you a competitive edge.
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Market opportunity intelligence
Track signals from your potential clients' wishlists and use the intel to identify and create opportunities to convert them into clients.
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Intel tracking for risk mitigation
Monitor news about your partners from your value chain to proactively identify potential risks and implement any required preventive measures.
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Tech innovation and disruption
Stay informed about the latest technological advancements and innovations that could potentially disrupt your industry to upgrade your strategies proactively.
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Sales battle cards for competitive wins
Empower your sales teams with up-to-date battlecards on competitor products, pricing, strengths and weaknesses, and customer pain points to win more deals.
Ratings
Comprehensive market landscape view
Visualize your market and competitive landscape using intuitive dashboards that aid in simplifying and understanding industry information.
Tailored intelligence delivery
Curate and distribute intelligence newsletters tailored to various roles within your organization, from market analysts to strategy executives.
Centralized intelligence hub
Create a single source of truth for your intelligence process with the ability to collate historical data for better analysis.
Precise customization for efficiency
Enable precise customization of your intelligence feed, ensuring every piece of intelligence collected directly supports your strategic objectives.
Time and effort savings
Save time and manual effort by automating the collection and organization of market intelligence and focus on higher-impact activities.
Proactive regulatory monitoring
Track regulatory shifts and market movements with global and curated newsfeeds to maintain a pulse on the industry.
