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In this episode, Ashley Campanella interviews Jed Baker, Director of Data Science at Midland Credit Management, about improving data analytics with a small team. They discuss the importance of data analytics in organizations, the challenges faced by small debt collection teams, and strategies for implementing data analytics. Jed emphasizes the need to start small, align with business goals, and prioritize data visualization and storytelling. He also highlights cost-effective data analytics tools and the intersection of data analytics and compliance. The episode concludes with a discussion on emerging trends and innovations in data analytics.
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Chapters
Intro: - 0:00
What is Data Analytics in Financial Services? - 1:53
What are the challenges small teams face with data analytics? - 3:13
Six Step Process on Data Analytics for Small Teams - 5:13
How to Answer Big Questions in Your Company with Data Analytics? -12:23
What Should Small Debt Collection Teams Track? - 13:45
Understanding costs of your projects -15:57
How Data Analytics Intersect with Compliance? - 18:19
Emerging Trends in Data Analytics - 22:18
Where to connect with Jed - 24:06