Capturing Value with Anomaly Detection - Concord White Paper

Top-Line Metric Monitoring Concord in Action:

CLIENT:

Financial Services

Challenge:

Analysts spent over 40 combined hours weekly performing manual checks on top-line performance metrics, detracting from strategic analysis.

Approach:

Deployed hourly statistical time series models to compare current performance against historical trends, automating anomaly detection and flagging deviations in near real time. Because missing a real drop in performance could be far more costly than chasing a false alarm, the system was designed to prioritize sensitivity and catch issues early.

outcome:

Monitoring effort was reduced by 75%, enabling more frequent and timely detection while allowing analysts to focus on high- value activities with clear, actionable alerts.

Capturing Value with Anomaly Detection