Saksoft Limited ( BSE SCRIP Code: 590051), a global IT services and consulting firm, has launched the next version of its Dedupe solution, a Deduplication software designed specifically to suit the requirements of high customer data intensive sectors such as banks, insurance, telecom, credit bureaus and airlines.
The new version offers even higher accuracy of results with minimum false positives and more flexibility to adapt to various database scenarios.
The new dedupe solutions advanced features will enable better Risk Management by controlling credit quality at the application origination stage as well as managing credit exposures to existing customers. Matching record pairs are identified by checking against both external data sources like RBI, CIBIL and other shared sources, and internal sources like negative list and various Transaction Processing systems. The solution also presents a Unified Customer View, providing customer level risk, delinquency and product usage information, thereby enabling informed decisions for further exposures and product cross sell and up sell.
The solution offers unique user configurable algorithms including phonetic functions, combination matches and data validation and replacement functions. The Advanced Address Matches have variable match thresholds and is tailor-made for the Indian data scenarios. Other features include high- performance Online Deduplication capability, efficient management of the manual review process, audit trail and reporting.
Speaking on the launch of the next release of the product, N K Subramaniyam, Executive Director, Saksoft Ltd said, Accuracy of customer data is an area of concern in most organizations today. Inconsistent customer data across multiple sources and lack of sophisticated Deduplication processes results in increased risk and higher cost, thereby impacting profitability. Saksofts Deduplication solution addresses this by building and maintaining a Unified Customer View of the portfolio that prevent or minimize exposure to potentially risky customers. The Unified Customer View can also be used for product cross-selling and up-selling. The new version of the Deduplication solution has improved Name and Address matching functions and data validations that result in highly accurate matches
About Saksoft:
Saksoft (NSE: SAKSOFT.NS, BSE: 590051.BO) is a global IT services and consulting company, with a CMMI Level 5 accredited quality system. Established in 2000, Saksoft is headquartered in Chennai and spread across eight locations worldwide with operations in USA, UK, Singapore, Germany and Australia.
Saksoft specializes in providing technology solutions for business problems based on three key competencies: Information Management, Web development and Business Application testing. Saksofts fully owned subsidiary, Acuma Solutions, is rated among the top 3 Information Management companies in the UK.
As a multi faceted, multi dimensional specialist offering strategic consulting, products, business solutions and services in Information Management, Saksoft brings some unique values and processes. Services include Business Intelligence Applications, Data warehousing, Data Integration, Application migration and Solution frameworks that address specific business requirements.
