Destination Alarm System

Destination Alarm System

surface transport & logistics

Destination Alarm System

Description

An Android based application which uses GPS to locate the destination and once the user reaches the destination the alarm is activated and a sms is send to the selected contacts. Consumes very less battery by using GPS only when needed. User can recursively search places nearby (like ATM). Places/Destination can be added to favorites, and then can be used to set alarm without having a data connection.

https://play.google.com/store/apps/details?id=com.app.destinationalarmsystem&hl=en

challenge

  • Quick turnaround time to dealer’s request
  • Effective tiers of risk for client acquisition(already a sub-prime credit popoulation
  • Focus on right groups for collection
  • Profitable debt management system

solution

  • Client acquisition – Risk to default
  • Collection risk- Propensity to pay
  • Recovery Optimization- What book of debt to sell , what to write off

results

  • Insights and behavioural mining from internal data
  • Model the “baked” clients business nauances
  • Experienced team of consultants