Aureus Analytics, a Singapore-based provider of data and analytics solutions to the banking and insurance industries, has released CRUX, a data platform designed to help insurers build a state-of-the-art customer experience, leveraging machine learning, Big Data and advanced analytics to deliver real-time, actionable insights in intelligible business language at the point of decision.
As the insurance industry draws towards an impending evolution, insurers are realizing the need to deliver superior customer experience to stay ahead of the competition. Aureus Analytics, customer Intelligence & Experience company for insurers and banks has launched the CRUX platform to address this particular business challenge.
With the launch of CRUX, Singapore-based Aureus Analytics is looking to add to it's already strong customer base which comprises of SBI Life, Tata AIA, Bharti Axa, Aegon Life, DHFL Pramerica, Axis Bank and Yes Bank amongst others in the country.
Aureus Analytics’ Blog ‘Aureus Insights’ has been featured as one of the ‘Top 30 Analytics Blogs And Websites on the Web’ by Feedspot. The blogs are ranked based on various criteria including Google Reputation & Search Ranking.
Ketan Pandit, Director – Marketing and Brand, Aureus Analytics has been recognized as a MarTech (Marketing Technology) influencer in 2015. The citation is endorsed by the CMO Council and CMO Asia. The CMO Council is a global peer network of marketing leaders worldwide and drives thought leadership in this space.
Aureus Analytics provider of advanced Big Data Analytics platform and products for the Insurance and Banking industry announced that it has earned one of India’s highest recognitions for Innovative IT Tech Startup Companies. “NASSCOM Emerge 50 Awards” program annually identifies, showcases and supports Top 50 high-potential emerging companies that are redefining the benchmarks of excellence for the IT industry.
Aureus cracked the Internal Customer Mapping challenge which was organized by Zone Startups in Mumbai. They beat the other contenders by developing a higher accuracy algorithmic model for a given problem statement.
Aureus Analytics has recently become an approved member of the Microsoft BizSparks Program for promising start ups. Microsoft BizSpark is a global program that helps software startups succeed by giving them access to software development tools, connecting them with key industry players, and providing marketing visibility.
Tete-a-Tete with the Aureus Analytics founder, Anurag on his fundraising journey and how his core idea of leverage Big Data technologies or Data analytics will consumed by businesses for decision making in the future.
Team Aureus beat over a dozen data sciences players where the team was given 80GB of real transaction data which they had to glean data and use any tool they were comfortable with. The result was; Team Aureus provided insights with high business value and superior rediction models for optimizing
operations and resource allocation. Such a model will support improving claims review time and plan claims cash flow.
Big Data analytics startup Aureus Analytics offers an integrated Big Data analytics platform for enterprises to eliminate the need to have multiple tools for understanding the customers, risks to business and operational inefficiencies. Its integrated analytics platform ASAP can work across structured and unstructured; internal and external; and big and small data structures.
In recent years Big Data Analytics has seen an exponential growth; hence Analytics Indian Magazine came up with a list of 10 top startups to watch for. The platform gives power to the decision makers and practitioners by enabling analytics at the point of decision in a simple yet comprehensive manner.
CIO review interviewed Aureus Analytics, a Mumbai-based big data and analytics start-up on how the company wants to collaborate with various banking and insurance players and work relentlessly towards driving a culture of data driven decision-making. Aureus’s suite of business challenge specific products such as AUPERA for Persistency & Retention Analytics, AUCUA for Customer Analytics and Customer 360 for a comprehensive insight into customer behavior, have already helped many banks and insurers.
In an exclusive conversation with Economic Times, Anurag Shah the CEO and Co-Founder talks about how Insurance companies are leveraging data. The entire philosophy of Aureus is around; the more data they use to study an individual behaviour, the better they could do on the claims-settlement.
With over 38 years of Insurance experience Aureus welcomes Sudhin Roy Chowdhury on advising Aureus on marketing and product strategy. Sudhin Roy Chowdhury brings with him an unparalleled understanding of the life insurance business both in India and globally.
Mphasis has partnered with Aureus Analytics to bring predictive analytics and big data solutions to insurance and banks. Under the partnership, Aureus’ comprehensive big data and analytics capabilities will complement Mphasis’ established customer base in Insurance and Banking space.
Mphasis has partnered with Aureus Analytics to provide advanced predictive analytics and big data solutions for insurance and banking sector. Under the partnership, Aureus' capabilities in the big data and analytics domain will complement Mphasis' customer base in insurance and banking space.
Mphasis collaborates with Singapore-based Aureus Analytics to provide Big Data solutions. Aureus and Mphasis will complement each other using their big data and analytics expertise and Mphasis’ customer base in insurance and banking sector, thus creating a huge potential for value add to end customers.
The Hot100 Awards, a national race for grace showcasing the best technology start-ups in consumer internet, B2B and SMAC (Social, Mobile, Analytics, Cloud) today honoured Aureus Analytics at the Award Ceremony.
Aureus Analytics, a Singapore headquartered Financial Analytics firm has raised over Rs. 5 crores in funding through LetsVenture from various significant individuals like Steven Sule, Rajan Anandan and Patni brothers.
Aureus Analytics wins the NASSCOM People’s Choice Awards, 2014 at the NASSCOM Product Conclave, a premier annual NASSCOM event. Aureus was voted by the audience as having the most innovative suite of products amongst the 100+ organizations that showcased their product.
Aureus Analytics and IMNU successfully completed the first batch of the “Business Analytics Using R” program under the Campus Connect Program, awarding certificates to 17 students at ceremony hosted by IMNU in the Ahmedabad campus
Kamal Kishore Das, Aureus Analytics, talks about how Big Data is evolving and now tracking emerging fields like catastrophe modelling, telematics after benefiting areas loss assessment, fraud and many more.
We are delighted to announce Kamal Kishore Das as Director, Insurance Practice in the Big Data and Analytics domain. Kamal brings a lot of experience in the Insurance Practice for APAC markets and has served in key positions with organizations like ICICI Lombard, Asian Paints and few others.
Data science is one of the fastest growing industries in India with an expected net worth of $2.3 billion by 2017, according to a report published by NASSCOM. India currently holds over 35 per cent share in the global analytics market, which is expected to only grow bigger in the future.
Aureus Analytics was amongst the 12 startups that were shortlisted by Microsoft as part of its Think Next program for 2016. The Think Next program was a 16 week boot camp which helped startups prepare to Scale Up their business by getting guidance from Microsoft chosen mentors, VCs and technology gurus.
Aureus Analytics was one of the 12 shortlisted start-ups that attended the Think Next program for 2016 recently conducted by Microsoft in Bangalore. The program was a 16 week boot camp that allowed entrepreneurs to have a guidance from technology gurus, mentors and industry stalwarts; thus prepare the start-ups to confidently face challenges and scale up their business.
Recently, Prime Minister Narendra Modi announced an action plan to boost ventures that can promote employment generation and wealth creation. In lieu of the same, Anurag Shah, CEO and Co-Founder of Aureus Analytics shares his opinion from an analytics point of view in an interview with Analytics India Magazine.
Anurag Shah, CEO and Co-Founder of Aureus Analytics has been recognized as one the few leaders disrupting the financial technologies space in Asia, by Next Bank and FF16. The recognition comes as part of Next Bank and FF16’s initiative to identify startups as well as established institutions making a dent in the financial space.