Question
Mogo is an emerging Vancouver based Fintech company with a special focus on banking. Mogos core business is personal lending, credit score monitoring, and trading
Mogo is an emerging Vancouver based Fintech company with a special focus on banking. Mogos core business is personal lending, credit score monitoring, and trading bitcoins. It has also recently acquired an online trading business.
Format
Data Strategy (~600 words)
Challenges (~500 words)
Latest business analytics trends (~400 words)
Summary of the analytics (~500 words)
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What would be the data strategy for Mogo? How does Open banking affect this data strategy?
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what challenges mogo have to face in data strategy?
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Given an example of how Mogo can make data driven decisions after the data strategy is applied?
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Analyze the data provided to you from the perspective of Mogo. (Use tables or graphs along with explanation)
British Columbia Year Average Houseold Income CAD Savings rate (%) Mortgage interest paid (CAD Millions) Household Debt Service Ratio, by Region (Interest payments as a % of household disposable income, adjusted for consumer credit) 2000 94,462 0.9 5,365.0 10.1 2001 97,235 1.4 5,128.0 9.3 2002 101,152 1.2 4,971.0 8.3 2003 104,469 -0.6 5,100.0 8.4 2004 111,064 -1.1 5,100.0 8.3 2005 118,263 -1.5 5,564.0 8.6 2006 128,744 0.0 6,387.0 9.2 2007 137,373 -0.5 7,450.0 10.1 2008 142,034 -0.1 7,733.0 10.2 2009 140,482 -0.3 7,359.0 9.3 2010 144,734 -0.9 7,413.0 9.0 2011 152,291 -0.8 7,520.0 8.9 2012 158,221 -0.1 7,370.0 8.4 2013 166,281 1.9 7,559.0 8.2 2014 172,841 -0.1 7,308.0 7.7 2015 181,683 -0.6 7,063.0 7.3 2016 187,000 -2.1 7,215.0 7.2 2017 198,265 -1.6 7,765.0 7.2 2018 203,820 -4.2 9,051.0 8.1 2019 216,834 -1.9 10,028.0 8.3
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