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Kiran Analytics Launches Recruiter Release 2.1 to Help Retail Banks Optimize Recruiting

New reports, dashboard, and recommendation capabilities enhance recruiter productivity. Simplified Applicant Tracking Systems (ATS) integration reduces implementation time.

San Diego, CA – Dec 9, 2013. A hot topic during the BAI Retail Delivery 2013 was hiring top talent to hit performance goals.

Kiran Analytics released Recruiter 2.1, powered by CloudCords, a proven solution that helps recruit top talent faster for customer facing positions in retail banks.

“The newest enhancements to our Recruiter solution are intended to improve recruiter effectiveness and simplify integration,” said Jim DeLapa, President of Kiran Analytics. “The first new feature is a report that displays the candidate’s predictive assessment score in different categories including work experience, education, and performance. This helps a recruiter to better prepare for the interview with the candidate.”

Recruiter 2.1 also features a new recruiting pipeline dashboard for recruiters and hiring managers to quickly determine if there are any issues with their candidate flow and if so, to pinpoint the source of the bottleneck. Users can use this report to answer questions such as:

  • How many candidates do I have at each stage of the recruiting funnel (e.g. applied, interview scheduled)?
  • Given the actual pass-through rates of each stage of the funnel, how many candidates do I need to have scheduled in order to fill my open positions?”

Recruiters have given high praise to another new feature in Recruiter 2.1 which provides specific recommended interview questions, based on information the candidate has provided.  This feature helps recruiters better prepare for the interview.

DeLapa added, “We believe these improvements will make it even easier to screen top talent and save more time for recruiters.”

In addition to the new recruiter productivity tools, Recruiter 2.1 features a simplified interface for easy integration with Applicant Tracking Systems (ATS). This new capability reduces the time for retail banks to deploy the software with their existing ATS solutions.

Kiran’s Recruiter transforms the way recruiters identify top talent using proven predictive analytics. It increases quality of hires while reducing the time recruiters spend on administrative tasks by 40% or more.

About Kiran Analytics

Kiran Analytics has been a leader in innovative, predictive analytics solutions for retail banks for two decades. Today, Kiran’s Enterprise Talent Acquisition and Workforce Optimization solutions are used by over 10,000 bank branches. Kiran Analytics creates significant value for its customers by increasing workforce productivity, hiring better talent faster, reducing costs, and optimizing operational performance.  For more information, visit kiran.com.

Kiran Analytics to Showcase Talent Analytics Solution at BAI Retail Delivery 2013

Kiran Analytics will share insights about the power of big data in recruiting process transformation

Kiran Analytics, a leader in predictive analytics, announced today that it will be a bronze sponsor at the BAI Retail Delivery 2013, the premier event of the retail banking industry, in Denver on November 5-7th.  Attendees of the conference will have the opportunity to hear about and see Kiran’s innovative talent analytics solution in three settings:

  • Sales Effectiveness Summit presentation
  • Innovation Showcase demonstration
  • Business Executive Interaction meetings

Sales Effectiveness Summit

What: Jim DeLapa, Kiran Analytics Inc., President will present “Using Data to Increase Predictability of Quality of Hire and Efficiency”.

When: November 5, 2013

Summary: One of the most fundamental drivers of performance in retail banking is hiring the right people. Today, predictive analytics are being used to place individuals who are predisposed to be successful in specific roles at the front of the line for interviews. The results include a fair and consistent process for all job seekers, reduced cost per hire, lower turnover and higher performance. The presentation will discuss how leading banks are applying predictive analytics to hire future top performers.

  • Discover how enterprise talent analytics, an emerging technology, can predict who will perform better and stay on the job longer.
  • Learn how predictive analytics can help recruiters hire better people faster while minimizing potential compliance risks due to inconsistent or gut-feel based screening.

Innovation Showcase

What: Malia First, Solutions Delivery Manager, will demonstrate CloudCords Enterprise Talent Analytics, Kiran’s innovative recruiting solution in the Innovation Showcase.

When: November 5, 2013

Summary: CloudCords ETA transforms the way retail banks identify top talent for customer facing positions. The innovation is completely new because it uses predictive analytics to identify top talent through pre-hire assessments, and intelligently pulls the top candidates through the recruiting process using automation. The innovation leverages millions of data points to improve sales effectiveness, recruiting productivity, and candidate experience.

Primary benefits of CloudCords ETA are increased sales effectiveness, improved customer experience, and reduced operational cost. Specific benefits include:

  • Improved quality of hire by 30 percent while increasing speed to hire
  • Identified and scheduled top candidates to interview with a recruiter within 3-5 days from application
  • Reduced cost per hire by 25 percent
  • Improved risk of non-compliance with EEOC guidelines.

Business Executive Interaction Meetings

When: November 5-7, 2013

Where: Meeting Room #1070 next to the Business and Customer Analytics stage in the Expo floor.

Summary: Kiran Analytics Retail Banking Advisory Board members  Gene Kirby , past Chairman of CBA, Betty Cowell, past Vice-Chair of BAI, and Jim DeLapa, President of Kiran Analytics will be meeting with executives of retail banks to discuss their insights related to strategic workforce planning, talent analytics, and tactical labor forecasting and scheduling.

About Kiran Analytics Inc.

Kiran Analytics has been a leader in innovative, predictive analytics solutions for retail banks for two decades. Today, Kiran’s Enterprise Talent Analytics and Workforce Optimization solutions are used by over 10,000 bank branches. Kiran Analytics creates significant value for its customers by increasing workforce productivity, hiring better talent faster, reducing costs, and optimizing operational performance.  For more information, visit www.kiran.com.

Kiran Analytics Reaches Milestone of Assessing 1,000,000 Job Seekers in Quest to Find Top Talent for Retail Banks

CloudCords Enterprise Talent Acquisition software developed by Kiran Analytics demonstrates the proven power of big data in recruiting by applying predictive analytics.

Kiran Analytics, a leader in predictive analytics, announced today that its CloudCords Enterprise Talent Analytics (ETA) web-hosted software solution has reached a new milestone. Since the launch of its talent analytics software in 2012, Kiran Analytics has administered in excess of 1 million pre-screening assessments for customer facing positions of retail banks such tellers, personal bankers, customer service representatives, and universal bankers.

CloudCords ETA identifies candidates who are likely to become top performers early in the recruiting process using predictive analytics. The online assessments are scored immediately and those who score in the high range are immediately able to self-schedule for an interview with a recruiter.

“One of the greatest factors impacting performance in retail banking is hiring the best people for customer-facing positions. Our predictive assessments are statistically proven to improve the quality of hire, while reducing the time it takes to fill open positions,” said Jim DeLapa, President of Kiran Analytics, Inc. “We are really excited about delivering significant value to our customers. Job seekers who score well on the pre- screening assessments have consistently achieved double-digit increases in virtually all tracked performance metrics, and they stay in their jobs longer. I will be presenting how talent analytics can increase predictability of quality of hire in Sales Effectiveness Summit at BAI Retail Delivery 2013.”

CloudCords ETA reduces the time recruiters spend on administrative tasks by automating the process of scheduling interviews and confirming those appointments. CloudCords ETA sends out hundreds of emails on behalf of each recruiter monthly, saving recruiters hours otherwise spent on non-value added tasks. The automated messages provide reminders to job seekers about interview times and locations, links to maps with directions, and links to enable a job seeker to reschedule an interview. These functions eliminate inefficiencies and enable recruiters to focus on what they do best – interviewing the most qualified candidates. Top candidates are able to interview within a few days of taking the assessment. The speed and efficiency of the process makes it more likely that, if extended, a job offer will be accepted.

CloudCords ETA continuously collects data on every step of the pre-screening and interview scheduling process, for every applicant, every assessment, every recruiter, in every district and every region. This “big data” provides banks with unprecedented intelligence and insights that result in better decisions and additional productivity gains across every stage of the talent acquisition process.

Gene Kirby, Retail Banking Advisory Board member of Kiran Analytics and past Chairman of the Consumer Bankers Association, said, “CloudCords ETA is an ideal product for retail banks in need of improving their quality of hires. Kiran’s solution has proven the ability to identify individuals predisposed to become top performers.”

CloudCords ETA works side-by-side with existing applicant tracking systems. It is easy-to-deploy, scalable, and secure.

About Kiran Analytics Inc.

Kiran Analytics has been a leader in innovative, predictive analytics solutions for retail banks for two decades. Today, Kiran’s Enterprise Talent Analytics and Workforce Optimization solutions are used by over 10,000 bank branches. Kiran Analytics creates significant value for its customers by increasing workforce productivity, hiring better talent faster, reducing costs, and optimizing operational performance.  For more information visit, www.kiran.com.

 

Kiran Promotes Two Directors

Kiran Expands Leadership Team and Aligns Organization for Future Growth

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San Diego, CA, June 6, 2013 – Kiran Analytics, a leader in predictive analytics for retail banks, announced two important promotions as the company continues to grow. Dr. Abhyuday Desai is promoted to Director of Analytics, while Kaan Kilinc is named Director of Software Engineering.

Dr. Desai has been with Kiran Analytics as the manager of analytics for six years. He is an expert in developing advanced mathematical models to solve resource and performance management problems in the financial services industry. His interests are in optimization, stochastic modelling, simulation, statistics, and forecasting. He will lead the predictive analytics team to further enhance workforce optimization and talent analytics capabilities.

Jim DeLapa, President of Kiran Analytics, said “Dr. Desai has created significant value for Kiran Analytics’ customers for many years by understanding their business challenges and developing analytical solutions that address them. It is a pleasure to work with someone who consistently delivers breakthrough results to our most discerning clients.” Dr Desai has completed ground-breaking work in the fields of staff modelling and recruiting analytics for retail banks. He holds a Ph.D. in Industrial Engineering from Texas Tech University.

Another important leadership announcement at Kiran Analytics is the promotion of Kaan Kilinc to the role of Director of Software Engineering. Kaan brings over 15 years of experience developing forecasting, scheduling, and analytics applications. He was a senior software architect before being promoted to this leadership role.

“Kaan Kilinc has been a major contributor as a software architect and developer. He will be a key player in advancing our software team’s capabilities with his leadership. Kaan’s experience in taking a strategic vision and executing on that vision will strengthen Kiran Analytics’ position as the industry leader,” said Jim DeLapa, President of Kiran Analytics. He added, “Perhaps most importantly, Kaan is an excellent technical mentor to our team of developers.”

Prior to joining Kiran Analytics, Mr. Kilinc worked for Verint, Witness Systems and Exametric-in each case a migration by way of acquisition. He earned his Bachelors of Science Degree in Electrical and Electronics Engineering from Bilkent University in Ankara, Turkey.

About Kiran Analytics

Kiran Analytics, has been a leader in innovative, predictive analytics solutions for two decades. Today, Kiran’s Enterprise Talent Analytics and Workforce Optimization solutions are used by over 10,000 bank branches. Kiran Analytics creates significant value for its customers by increasing workforce productivity, hiring better talent faster, reducing costs, and optimizing operational performance. Visit the company website at www.kiran.com.

Kiran Analytics Helps Retail Banks Increase Quality of Hire

Kiran Analytics Helps Retail Banks Increase Quality of Hire and Improve Workforce Productivity with Enterprise Talent Analytics

Predictive analytics can identify the most qualified job seekers for high volume positions early in the recruiting funnel and increase quality of hire by 30 percent.

San Diego, CA – April 16, 2013. Retail banks compete to hire the top talent for customer facing positions including bankers, tellers, customer service representatives and call center agents. Better quality of hire for customer facing positions results in improved customer service levels, increased workforce productivity and ultimately increased sales. Prescreening assessments that use predictive analytics have been proven to identify the most qualified job seekers early in the recruiting process. Simultaneously, hiring firms can minimize compliance risks by treating all candidates consistently and objectively, while monitoring for adverse impact.

Kiran’s CloudCords Enterprise Talent Analytics (CloudCords ETA) is one of the top solutions in the market to ensure retail banks hire the best customer facing talent faster for high volume positions. Through its integrated self-service interview scheduling, individuals who score well on the assessments can immediately schedule themselves for an interview with the right recruiter. This speeds up the recruiting process and improves the job seeker’s experience. For the hiring firm, it makes it more likely that they will be able to interview and extend offers to top talent before those applicants find other opportunities.

Jim DeLapa, President of Kiran Analytics, said “We are proud of the results clients are seeing with our CloudCords ETA solution which offers mobile-friendly assessments, easy integration with applicant tracking systems and analytics driven insights into the high volume recruiting process. Job seekers who score well on the predictive assessments typically achieve more than a 50% increase in combined sales and service metrics, with turnover rates that are 20% lower. The results are clear, consistent and proven.”

Dr. Charles Handler of Rocket-Hire, an Industrial Organizational Psychologist, is an expert on prescreening assessments. Dr. Handler said, “CloudCords ETA is an ideal product for retail banks in need of a solution to manage high volume applicants. It is unique because it marries sound predictive science from the I/O Psychology realm and sophisticated analytics based software.”

About Kiran Analytics

Kiran Analytics has been a leader in innovative, predictive analytics solutions for two decades. Today, Kiran’s Enterprise Talent Analytics and Workforce Optimization solutions are used by over 10,000 bank branches. Kiran Analytics creates significant value for its customers by increasing workforce productivity, hiring better talent faster, reducing costs, and optimizing operational performance. For more information visit, www.kiran.com.