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FI big data firm is named a standout

August 26, 2013

IQR Consulting, specialists in helping FIs craft more efficient campaigns by analyzing consumer data in payment portfolios — including ATM and debit — has been named a finalist for the Red Herring Top 100 in Asia list. Red Herring, a technology and innovation media company, chose finalists based on factors such as international footprint, team quality and experience, and rate of growth.

IQR employs data analysts and statisticians in offices throughout the U.S. and India to help credit unions, banks and casinos leverage data assets to increase profitability and better compete against larger institutions through highly targeted marketing. With the Top 100 designation, IQR Consulting becomes what Red Herring calls one of the most promising private ventures in the world.

"Financial institutions are searching now for the partners who will help them innovate for service to consumers of the future," said Karan Bhalla, IQR managing director in a news release. "We know the business intelligence that comes from the kind of leading data analytics solutions we provide is the way forward for the financial industry. It's terrific to have a respected global company like Red Herring recognize that, as well."

For every Top 100 list, the Red Herring team evaluates between 800 and 1,400 candidates per continent. Previous winners of the Red Herring award include Facebook, Twitter and Google.

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