CPattern Launches Traders’ Abandonment Detection Service
CPattern, the pioneer of real time Business Intelligence in the trading industry, announces the launch of a new Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term tool: Detection of Early Signs of Customer Abandonment.
After intensive research into traders’ behavior, based on historical data of thousands of traders, CPattern is now capable of modeling trading patterns that are associated with abandonment. The innovative service allows brokers, for the first time, to be one step ahead of their customers: CPattern sends the broker signals in real time when a given customer starts showing signs of abandonment. This highly valuable data enables the broker’s retention agents to engage with the right trader, at the right time and with the right reason.
Online brokers need to crunch enormous amounts of data on a daily basis and the larger the broker, the more difficult it becomes to monitor the data and extract meaningful information. In most cases, when traders choose to quit trading, brokers will learn about it only after it has already happened, and getting customers back to trade requires significant efforts and resources. This new service allows brokers, for the first time, to monitor all their traders’ activity in a very simple way and in a matter of seconds.
“Identification of signs of abandonment touches a sensitive nerve in the industry”, says Oded Shefer, CPattern’s founder and CEO: “We are leading a revolution in customer retention. Our behavioral models and technology now enable brokers to make customer retention more data and timing driven, efficient, systematic, objective, and accurate. Along with the Converter (real time identification of demo users likely to make a deposit) and the Guardian Angel™ (a powerful real time personalized feedback system), CPattern now offers a comprehensive value chain across the trader’s life cycle”.
The VP Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term of a large broker in Turkey recently commented on the new service: “My sales agents are really happy with CPattern’s signals. It makes their job much easier. The sales agents can now contact customers and demo users exactly when needed. CPattern’s signals allow us to monitor all the trading activity and react almost immediately to many types of complex events. This is the next generation of customer care”.
CPattern is already working with several leading brokers, and collaborates with Boston Technologies and LivePerson to deliver its analytics services to online brokers.
CPattern, the pioneer of real time Business Intelligence in the trading industry, announces the launch of a new Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term tool: Detection of Early Signs of Customer Abandonment.
After intensive research into traders’ behavior, based on historical data of thousands of traders, CPattern is now capable of modeling trading patterns that are associated with abandonment. The innovative service allows brokers, for the first time, to be one step ahead of their customers: CPattern sends the broker signals in real time when a given customer starts showing signs of abandonment. This highly valuable data enables the broker’s retention agents to engage with the right trader, at the right time and with the right reason.
Online brokers need to crunch enormous amounts of data on a daily basis and the larger the broker, the more difficult it becomes to monitor the data and extract meaningful information. In most cases, when traders choose to quit trading, brokers will learn about it only after it has already happened, and getting customers back to trade requires significant efforts and resources. This new service allows brokers, for the first time, to monitor all their traders’ activity in a very simple way and in a matter of seconds.
“Identification of signs of abandonment touches a sensitive nerve in the industry”, says Oded Shefer, CPattern’s founder and CEO: “We are leading a revolution in customer retention. Our behavioral models and technology now enable brokers to make customer retention more data and timing driven, efficient, systematic, objective, and accurate. Along with the Converter (real time identification of demo users likely to make a deposit) and the Guardian Angel™ (a powerful real time personalized feedback system), CPattern now offers a comprehensive value chain across the trader’s life cycle”.
The VP Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term of a large broker in Turkey recently commented on the new service: “My sales agents are really happy with CPattern’s signals. It makes their job much easier. The sales agents can now contact customers and demo users exactly when needed. CPattern’s signals allow us to monitor all the trading activity and react almost immediately to many types of complex events. This is the next generation of customer care”.
CPattern is already working with several leading brokers, and collaborates with Boston Technologies and LivePerson to deliver its analytics services to online brokers.