T. Rowe Price is a global investment management organization utilizing
predictive analytics to increase the effectiveness and efficiency
of its customer call center operations. The company needed a solution
that would solve the business and marketing needs directly tied
to the cross-selling application used by its customer call center
service associates. The predictive analytics solution they’re
using supports call center associates with more accurate, personalized
product and service offering recommendations for use during inbound
service calls.
"Predictive analytics has delivered a more effective and intelligent process
for inbound campaign execution and management," said T. Rowe Price,
Sr. Business Development Manager, Christine Akins. "With the use of the
software, our call center associates are better able to provide guidance by increasing
the awareness of the relevant products and services which correlate to the individual
customers' needs, an important part of our overall business model." The company provides clients with world-class investment guidance,
as well as attentive service. Predictive analytics allows them
to better manage the customer communication process through real-time
recommendations and suggestions. T. Rowe Price customers are the
primary beneficiaries. Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global investment
management organization with $269.5 billion in assets under management as of
December 31, 2005. The firm provides a broad array of mutual funds, sub-advisory
services, and separate account management for individual and institutional investors,
retirement plans, and financial intermediaries. The company also offers
a variety of sophisticated investment planning and guidance tools. T. Rowe Price’s
disciplined, risk-aware investment approach focuses on diversification, style
consistency, and fundamental research. |