Building Real-time Analytics
Organizations continue to look for opportunities to improve decision making and business results through analytics. This can require analytics to be predictive and even prescriptive in nature – providing recommended courses of action, often in real-time.
At this ALN Leadership Breakfast you will hear how Enova International, a global online financial services company, was faced with the task of building a real-time analytics engine to facilitate the underwriting of customers, prevent fraud, and optimize marketing and customer service. Their system needed to be able to easily implement cutting-edge statistical techniques while maintaining throughput of at least 300k requests per hour. This presentation will discuss systems requirements, provide background information and walk attendees through the process of designing and implementing the final solution. Additionally, lessons learned about what went well and what did not go well will be shared. Attendees will leave this session with practical knowledge about how to get started implementing a comparable real-time analytics system for their organization.
Date & Time
- June 25, 2015
- 8:00 AM – 10:30 AM
Chief Analytics Officer at Enova International
Joe DeCosmo, is the Chief Analytics Officer at Enova International. Prior to working at Enova, he served as Director and Practice Leader of Advanced Analytics for Chicago-based West Monroe Partners. He also held a number of executive positions at HAVI Global Solutions and the Allant Group. In 1995 Joe founded and led DeCosmo and Associates, Inc., an analytics consulting firm that he grew from start-up to ten employees that was acquired by The Allant Group in 2005. Joe received a BA in Economics from Lewis University and an MA in Economics from the University of Illinois at Chicago. He currently serves on the boards of the Chicago Chapter of the American Statistical Association, where he is currently President-Elect of the Association, and the UIC College of Business Administration. Joe is also a Past-President of the Chicago Association of Direct Marketing.