Banking & Finance: Fusing Excellence with Efficacy through BE

Unlock the full potential of your banking and finance ventures with our comprehensive customer experience and management consulting solutions. From applying behavioral economics to optimize customer journeys to implementing efficient operational processes, we leverage innovative strategies and industry expertise to drive customer satisfaction, operational efficiency, and sustainable growth in the competitive banking and finance landscape. Explore our tailored solutions to enhance your market positioning, streamline operations, and maximize profitability in today's dynamic banking and finance market, all while prioritizing the customer experience.

Discover the latest trends in the banking & finance industry today

Stay informed with key statistics and industry outlook that highlight the importance of customer experience in the real estate sector.

Customer Retention & Upselling

+16%

Banks that lead in CX have a 16% higher likelihood of increasing customer retention and a 12% higher probability of  upselling financial products.

NPS & Market Share

+1.5%

For every 10-point increase in NPS, banks can expect a 1.5% increase in market share.

Financial Performance

+15%

Banks that are focused on CX  outperform peers by 10% to 15% in terms of return on equity

Industry leaders trust us with their CX and consulting initiatives.

Solutions

Communicating to the unconscious via the power of behavioral economics

Explore how our innovative solutions are transforming banking & finance industry communications to deliver unparalleled value and results.

Exceptional Conversion

Maximize efficiency and boost profitability in banking and finance by leveraging the transformative impact of behavioral economics in our innovative solutions.

Unparalleled Experience

Streamline your processes and optimize your operations with our innovative solutions, enabling you to achieve higher productivity and profitability.

Efficient Communications

Utilize the principles of behavioral economics to enhance communication in the banking and finance sector, with the ultimate aim of increasing operational efficiency and optimizing client interaction.

State of the Art Service Delivery

Our dedicated team of experts is committed to delivering exceptional support, ensuring a seamless experience, and maximizing the value of our solutions.

Transforming businesses through exceptional customer experiences

Strategic consulting for sustainable business growth

Transforming Banking & Finance Industry with Exceptional Customer Experience

At Renascence, we offer a comprehensive range of high-level services designed to revolutionize the real estate industry. Our expertise includes customer experience optimization, digital transformation, process and policy enhancement, and management consulting. With our innovative solutions, we help real estate businesses thrive in today's competitive market.

Customer Experience

Deliver exceptional customer experiences that set your real estate business apart from the competition.

Digital Transformation

Embrace the power of technology to drive growth and innovation in your real estate operations.

Service Design

Crafting seamless experiences across all touchpoints, blending creativity with practicality to delight customers and drive loyalty.

Management Consulting

Leverage our industry expertise to make informed decisions and drive your real estate business forward.

Experience Games

Customer Experience Games

CX Games for any team & every need. Begin your CX transformation through gamified experiences.

Banking & Finance Transformation
Expertise

Unmatched quality of work for the industry's best consultants

Our team of behavioral economists leverages insights from psychology and economics to understand and influence consumer decision-making. By applying principles of behavioral economics, we help businesses design strategies and interventions that drive desired consumer behaviors. From nudges to choice architecture, we provide evidence-based solutions that deliver measurable results.

At Renascence, we are committed to relentless innovation, shaping the future of customer experience with unwavering dedication.

Driving Customer Experience and Marketing with Behavioral Economics

Our pioneering approach to behavioral economics empowers businesses to create exceptional customer experiences and drive impactful marketing strategies. By understanding the psychological factors that influence consumer behavior, we help our clients optimize their products, services, and communication to achieve remarkable results.

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Experience Echoes

Real Estate
Case Studies

Explore How We've Transformed Businesses & Brands with Strategic Insights and Real Results

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Msheireb Downtown Doha. Customer Loyalty Program Experience Journeys

We revamped Msheireb's loyalty program by redesigning tailored customer journeys for residential tenants, visitors, and commercial tenants. This project included mapping out key stages—such as discovery, lease, and renewal—across all segments to enhance engagement and ease of use.
Customer Experience
Entertainment & Leisure Customer Experience & Digital Transformation

Msheireb Downtown Doha. Customer Loyalty Program Strategy

We developed a loyalty program for Msheireb Properties in Qatar to boost customer retention and drive revenue. The program featured a 9-stage customer journey, segmented by customer archetypes, and incorporated a closed-loop feedback strategy using NPS, CSAT, and CES surveys.
Digital Transformation
Entertainment & Leisure Customer Experience & Digital Transformation

Teyaseer. Elevating CX with Real-Time Customer Feedback Integration

For Teyaseer, we mapped a 9-stage customer journey from awareness to handover, integrating NPS, CSAT, and CES surveys to capture real-time feedback via email, SMS, and calls. Automated triggers ensured timely feedback collection, enabling immediate insights and actions to enhance CX at each touchpoint.
Customer Experience
Real Estate Customer Experience & Digital Transformation

Modon. Customer Journey Mapping and VOC Strategy for Real Estate Excellence

We partnered with Modon, a UAE real estate developer, to enhance their CX strategy for a 36-month project involving 350+ townhouses, villas, and apartments. The strategy featured customer journey mapping, communication improvements, and a closed-loop Voice of Customer (VOC) system.
Customer Experience
Real Estate Customer Experience & Digital Transformation

Aldar. CX Governance and Reporting Framework Implementation

Aldar Properties partnered with us to establish a CX governance program, evolving into the CX Committee (CXC), overseeing CX across multiple business units. From January 2022 to January 2023, over 10 reports were produced, evaluating key business units, with insights from Voice of Customer (VOC) and mystery audits.
Customer Experience
Real Estate Customer Experience & Digital Transformation

Aldar Hospitality. An Approach to Customer Experience (CX)

Aldar Properties sought to enhance customer experience across five hotels from their hospitality portfolio. Analysis of touchpoints, design of journeys and playbooks, COVID-19 game plan and other efforts led to immediate improvements in service interactions and long-term strategies for boosting guest satisfaction and loyalty.
Customer Experience
Hospitality Customer Experience & Digital Transformation

Aldar Education. Transforming Customer Experience (CX) through the Admissions Process

Aldar Academies revamped their admissions process by assessing the existing workflow and designing a more efficient future process. This overhaul reduced process time by 88 hours, cut complexity by 3%, decreased effort by 34%, and increased automation tenfold, streamlining operations and enhancing overall efficiency.
Digital Transformation
Education Customer Experience & Digital Transformation

Aldar Hospitality. Escalation Strategy Framework for Efficient Case Management

Aldar Hospitality developed a escalation strategy featuring an 8-level priority system, 4 escalation channels, and a detailed matrix to manage and resolve issues effectively, ensuring prompt attention for urgent matters and efficient handling of less critical cases.
Customer Experience
Hospitality Customer Experience & Digital Transformation

Aldar Academies. Designing Escalation Strategy for Education

Aldar Academies developed an escalation strategy to enhance customer support operations. This strategy introduced an 8-level priority system, 4 escalation stages, and a detailed escalation matrix to streamline case management and ensure timely resolution of issues.
Customer Experience
Education Customer Experience & Digital Transformation

Aldar. VIP Program Design for Customer Loyalty and Engagement

The VIP Program by Aldar Properties introduces a dynamic tiered loyalty system aimed at increasing customer engagement and loyalty. Tailored to reflect the spending habits and preferences of Aldar’s diverse customer base, the program includes exclusive tiers for high-profile clients like celebrities and Sheikhs. Key elements include early access to projects, premium perks, and personalized services, all designed to reward and retain valued customers.
Customer Experience
Real Estate Customer Experience & Digital Transformation

Aldar Academies. Education Customer Experience (CX) Journeys and Escalation Strategy

Developed a strategy to enhance the customer experience (CX) for Aldar Academies, focusing on students and parents during the COVID-19 pandemic. The project included defining 9 customer journey stages, identifying 70+ steps, and addressing over 120 pain points.
Customer Experience
Education Customer Experience & Digital Transformation

Wasl. Voice of Customer (VOC) Strategy Development

Implemented a Voice of Customer (VOC) strategy for Wasl, analyzing four distinct customer types and covering 100+ touchpoints across customer journeys. A closed feedback loop was established to drive continuous customer insights, enhance service delivery, and improve overall satisfaction.
Management Consulting
Real Estate Customer Experience & Digital Transformation

Wasl. Customer Experience (CX) Journey Mapping in Real Estate

Defined over 90 stages and developed 18 detailed customer journeys for Wasl, spanning residential, commercial, and land leasing categories. Conducted four workshops to align stakeholders on improving customer-centric experiences and optimizing processes for future journey enhancements.
Customer Experience
Real Estate Customer Experience & Digital Transformation

Wasl Mobile App & Self-Service Digital Transformation

Developed over 500 wireframes and conducted a audit of 300+ screens to optimize Wasl’s digital platforms. Created two digital strategies to streamline user journeys, focusing on a super app versus specialized apps to enhance customer experience and operational efficiency.
Digital Transformation
Real Estate Customer Experience & Digital Transformation

Wasl Properties. Development and Integration of Process Maps for Operational Efficiency

Developed 123 detailed process maps for Wasl, a leading real estate developer in Dubai, to streamline operations, ensure seamless Salesforce integration, and enhance efficiency across seven business units, improving internal workflows and customer experience.
Digital Transformation
Real Estate Customer Experience & Digital Transformation

Wasl. Customer Service Design for Real Estate

Renascence conducted a customer service analysis for Wasl, a leading real estate developer in Dubai, to drive digital transformation and enhance customer experience through data segmentation, pain point identification, and strategic recommendations.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SODIC. Commercial Real Estate CX Strategy and Customer Experience Enhancement

Spearheaded a year-long CX transformation for SODIC, focusing on enhancing commercial strategies, customer journeys, and VOC programs. Involved 12 months of continuous reporting, evaluation of 4 key business units, and the generation of over 10 CX and VOC reports to drive customer satisfaction and market competitiveness.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SODIC. Implementation of Voice of Customer Strategy for Enhanced Engagement

Designed a robust Voice of Customer (VOC) strategy for SODIC, incorporating 10 data collection methods, 3 key CX metrics (NPS, CSAT, CES), and analyzing 9 software solutions to enhance customer satisfaction and feedback management.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SODIC. Real Estate Communication Strategy for Enhanced Customer Engagement

Evaluated communication practices across 14 departments, streamlined 5 key processes, and reviewed 106 documents from 3 business units. Developed a communication strategy that ensured consistency, clarity, and brand alignment, while improving customer engagement and stakeholder management.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SODIC. Real Estate Customer Experience Strategy for Enhanced Engagement and Satisfaction

Developed a CX strategy for SODIC, identifying eight customer types, conducting 46 stakeholder sessions, and addressing 400+ pain points across 76 customer journey steps. The strategy included customer segmentation, a VoC program, and governance model implementation, leading to significant improvements in customer satisfaction and loyalty.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SODIC. Real Estate Customer Experience (CX) Journey Mapping

Developed six detailed customer journeys for SODIC, including three "as-is" journeys and three "future" journeys. Defined 5+ stages and 26+ steps, with over 400 internal tasks documented. Identified pain points and opportunities to enhance the customer experience through meticulous research and strategic improvements.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Enhancing Real Estate Sales Launch Customer Experience (CX)

Bridging Organizational Gaps to Elevate CX at SAAS Properties
Customer Experience
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Transforming Customer Experience (CX) through Customer Rituals and Cultural Change

SAAS Properties elevated its customer experience by embedding 7 key CX rituals and creating 4+ personalized greetings across various communication channels. These rituals were designed to enhance 10 critical stages of the customer journey, from the initial sales gallery visit to the property handover.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Embedding Customer Experience Vision through Structured Training Development

SAAS Properties improved customer experience by conducting 4+ training sessions across 9 departments, identifying key CX challenges through 12 stakeholder interviews, and performing 55 CX audits across crucial touchpoints. This initiative empowered employees and aligned CX practices with business goals for sustained growth and customer satisfaction.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Enhancing Operational Efficiency through Process Mapping

SAAS Properties optimized over 40 processes across sales, post-sales, community management, and facility management. Engaging two business teams, the initiative mapped out 700+ tasks to reduce friction points and improve operational efficiency, enhancing both internal workflows and client satisfaction.
Digital Transformation
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Streamlining Complaint Management through an Escalation Strategy

SAAS Properties implemented a escalation strategy to address unresolved customer issues. This approach streamlined the process by defining clear escalation phases, priority levels, and service level agreements (SLAs), resulting in faster resolutions, better communication, and improved customer satisfaction.
Management Consulting
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Elevating Customer Experience (CX) with an Integrated VOC Strategy

SAAS Properties launched a Voice of Customer (VOC) strategy, capturing key customer and broker feedback through surveys, interviews, and live data tracking. This structured approach provided actionable insights, closing the feedback loop and driving improvements in customer satisfaction and experience.
Customer Experience
Real Estate Customer Experience & Digital Transformation

SAAS Properties. Elevating Customer Experience (CX) through Touchpoint Analysis and Mystery Audits.

We partnered with SAAS Properties to audit 23 touchpoints and benchmark performance against competitors. The project delivered key insights to enhance communication, service, and digital engagement, boosting customer satisfaction and retention.
Mystery Shopping
Real Estate Customer Experience & Digital Transformation

Wasl Properties. Transforming Customer Experience with In-Depth Touchpoint Audits.

Discover how Wasl Properties leveraged a touchpoint analysis and mystery audits across its Residential, Commercial, Freehold, and Lands units to enhance customer interactions, streamline operations, and boost engagement through targeted, actionable recommendations.
Mystery Shopping
Real Estate Customer Experience & Digital Transformation

Versace. Elevating CX through Mystery Shopping Audits.

Learn how Versace utilized expert visits and mystery shopping audits to identify pain points in the customer journey and implement targeted recommendations, enhancing store performance and elevating the overall customer experience in franchise-owned locations.
Mystery Shopping
Retail Customer Experience & Digital Transformation

SODIC. Enhancing Customer Experience (CX) through Site Visits and Mystery Shopping Audits.

Discover how SODIC utilized mystery audits and site visits to identify customer journey pain points and implement actionable recommendations for enhancing the customer experience across its diverse business units.
Mystery Shopping
Real Estate Customer Experience & Digital Transformation

Swarovski. Boosting retail CX through mystery shopping strategy & audits

Explore how Swarovski leverages mystery shopping insights to refine customer experiences (CX) and encourage positive shopping behaviors through targeted engagement strategies.
Mystery Shopping
Retail Customer Experience & Digital Transformation

Nudging customers to book services and attend their ladies salon appointments

The goal of the project was to encourage customers to make bookings after calling & improve attendances of all bookings made.
Management Consulting
Small Businesses (SMB) Customer Experience & Digital Transformation

Emaar Properties. Transforming conversion power, experience & design of a property sales kiosk

Emaar asked us to check how effective their current kiosk was and come up with a set of improvement or a model that can become a benchmark amongst property sales kiosks.
Management Consulting
Real Estate Customer Experience & Digital Transformation

Chalhoub Group. Transforming internal culture through a group-wide CX Academy

Our engagement with Chalhoub Group was about educating several retail brands on the importance of CX and showcasing an approach to customer experience design.
Training & Coaching
Retail Customer Experience & Digital Transformation

Reel Cinemas. Complementing journeys & operations with a new cinema info screen UI

Reel Cinemas decided to transform the space, revamp operations by digitising them & reducing the human factor. The new screen was supposed to complement the transformation.
Digital Transformation
Entertainment & Leisure Customer Experience & Digital Transformation

Chalhoub Group. Putting customer experience in the center of fashion & beauty retail

Supporting Chalhoub Group in building a CX practice that would then take over the group's customer experience intiative and arming them with a bullet-proof cx design toolkit
Customer Experience
Retail Customer Experience & Digital Transformation

City Walk by Meraas: Defining what a shopping & leisure destination of the future is

How one would define a destination of the future? How can a group manage multiple destinations of different formats and consistently deliver to a range of customers?
Customer Experience
Entertainment & Leisure Customer Experience & Digital Transformation

Transforming group-wide customer experience in Emaar Properties

Multiple departments, multiple business verticals, 18 months of engagement and many great products
Digital Transformation
Real Estate Customer Experience & Digital Transformation

Level Shoes Behavioral & Customer Experience Transformation

Our efforts were aimed at understanding the customer and the way he shops in the fast-paced retail environment to build a cutting edge experience around him.
Management Consulting
Retail Customer Experience & Digital Transformation

Dubai Properties Real Estate Customer Experience Transformation

From signing a SPA, through the journey of becoming a homeowner in Dubai
Customer Experience
Real Estate Customer Experience & Digital Transformation

Provis & Khidmah: Designing & refreshing the complaint escalation matrix

As part of the engagement we were tasked to define the complaint management approach: deliver the escalation matrix with cases, SLAs, roles & priorities.
Customer Experience
Real Estate Customer Experience & Digital Transformation

Aldar Group Customer Experience Transformation

The engagement was driven by the group management. The effort was aimed at making Aldar a company that is driven by customer-centric solutions and services
Customer Experience
Real Estate Customer Experience & Digital Transformation

Emaar Customer Happiness Center CX Design & Transformation

The goal of the project was to understand how well the customer happiness center supports, guides, navigates & satisfies customers
Customer Experience
Real Estate Customer Experience & Digital Transformation

Transforming Free Zone Customer Journeys, Processeses and Systems

We redesigned all processes from the ground up with a customer centric approach to enable a new improved customer journey.
Digital Transformation
Free Zone Customer Experience & Digital Transformation

Unleash the Potential of Behavioral Economics in Enhancing Customer Experience

Discover how our real estate solutions leverage behavioral economics to drive results.

Satisfied Clients

Hear what our clients have to say about our customer experience projects

You can always expect the best from team Renascence. Hard working. Always share their opinion and recommendations with respect. I really appreciate that as a client.I enjoy bouncing ideas with them.

Ilaria Buonpane

Head of CX

Their passion for CX and drive towards research and innovation leads to unique and relevant methodologies that result in high quality findings. Teams and stakeholders always enjoy interacting with them.

Gregoire Charpe

VP CX

From the beginning they felt like an extension of my team, working alongside and independently engaging stakeholders as well as the supporting functions surpassing my expectations.

Alex Davies

Vice-President

The team is extremely trustworthy. Meeting the deadlines, always proposing improvements and great attitude.

Fernando Sanchez

SVP Innovations

Very proactive & patient experts. Always excellent outcome. Loved working with them.

Ahmed Elsaadi

CX Director

Great, effective team that goes extra miles and provides great service. Very professional & friendly.

Asma Ben Salah

VP Communities

Revolutionize banking & finance experiences with our solutions.

At Renascence, we're at the forefront of transforming the real estate landscape. Our innovative solutions are designed to not only meet but exceed customer expectations, ensuring unparalleled satisfaction. From seamless digital experiences to efficient operational processes, we tailor strategies that drive customer loyalty and operational excellence. Partner with us to revolutionize your real estate ventures and stay ahead in an ever-evolving market.

Communication Strategy

Crafting effective communication plans to enhance engagement and transparency in real estate transactions.

Voice of the Customer Strategy

Leveraging insights to amplify customer feedback, shaping real estate experiences with precision.

Customer & CX Strategy

Designing comprehensive strategies to elevate customer satisfaction and loyalty in real estate.

Behavioral Interrogation

Uncovering subconscious behaviors to tailor real estate experiences for maximum impact.

Customer Experience Journey Mapping

Visualizing and optimizing every touchpoint to create seamless real estate journeys for customers.

Customer Experience & Touchpoints Audit

Evaluating real estate experiences to identify areas for improvement and enhanced satisfaction.

Policies & Procedures Writing

Crafting clear guidelines to streamline operations and ensure consistency in real estate transactions.

Customer Service Operations Setup

Establishing robust customer service frameworks to deliver exceptional experiences in real estate.

Customer Rituals & Ceremonies Design

Creating memorable rituals and ceremonies to enrich the emotional connection with real estate.

Customer Experience Maturity Assessment

Assessing the maturity of customer experience practices to guide strategic improvements in real estate.

Customer Experience Vision Design

Developing a clear vision and roadmap to drive customer-centricity and innovation in real estate.

Customer Experience Games & Workshops

Engaging activities to foster team collaboration and creativity, enhancing real estate experiences.

Customer Experience Courses

Empowering real estate professionals with knowledge and skills to deliver exceptional customer experiences.

Customer Experience Trainings

Interactive sessions to enhance employee capabilities and embed customer-centric practices in real estate operations.

Customer Personas & Archetypes Design

Developing detailed profiles that capture the diverse needs, preferences, and behaviors of your target audience.

Digital Self-Service Solutions

Creating seamless and user-friendly digital platforms to empower customers in managing their needs independently.

Customer Experience Trainings

Interactive sessions to enhance employee capabilities and embed customer-centric practices in real estate operations.

Customer Personas & Archetypes Design

Developing detailed profiles that capture the diverse needs, preferences, and behaviors of your target audience.

Digital Self-Service Solutions

Creating seamless and user-friendly digital platforms to empower customers in managing their needs independently.

Renascence Podcasts

Experience Loom

Discover the latest insights from industry leaders in our management consulting and customer experience podcasts.

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FAQs

Customer Experience (CX) in Banking & Finance

What is Customer Experience (CX) in the banking and finance industry?

Customer Experience (CX) in banking and finance refers to the overall interactions and perceptions customers have with their financial institutions, including services like banking, lending, and investment management.

Why is CX important in the banking and finance industry?

CX is crucial in banking and finance as it directly impacts customer satisfaction, loyalty, and trust, which are essential for retaining clients and attracting new ones in a highly competitive market.

How can banks and financial institutions improve CX?

Banks and financial institutions can improve CX by offering personalized services, leveraging digital tools for convenience, ensuring transparent communication, and providing efficient customer support.

What are some common CX challenges in the banking and finance industry?

Common CX challenges in banking and finance include managing complex regulatory requirements, ensuring data security, maintaining consistent service quality across channels, and adapting to rapidly changing customer expectations.

How does digital transformation impact CX in banking and finance?

Digital transformation enhances CX by offering seamless online and mobile banking experiences, enabling faster transactions, providing real-time support, and offering personalized financial advice through data analytics.

What role does customer feedback play in improving CX in banking and finance?

Customer feedback is vital for identifying pain points, understanding customer needs, and continuously refining services to enhance CX in the banking and finance industry.

How can financial institutions measure CX?

Financial institutions can measure CX through customer satisfaction surveys, Net Promoter Scores (NPS), online reviews, and tracking customer engagement metrics across various channels.

What are some best practices for delivering excellent CX in banking and finance?

Best practices include providing consistent and personalized service, leveraging technology for convenience, maintaining clear and proactive communication, and ensuring robust security measures.

Can improving CX lead to increased customer retention in banking and finance?

Yes, improving CX can significantly enhance customer retention by building trust, fostering long-term relationships, and creating positive experiences that encourage customers to stay loyal to the institution.

What innovative CX strategies are emerging in the banking and finance industry?

Innovative CX strategies include using AI for personalized financial advice, implementing blockchain for secure transactions, offering omni-channel support, and utilizing customer data to tailor financial products and services.

Still have questions?

Contact us for further assistance and information.

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Contact Renascence

Feel free to reach out to us. We love receiving messages & calls.

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Email
For general inquiries, email us at
hello@renascence.io
Phone
For immediate assistance, call us at
+971 (0) 4-325-1047
Office
601 Burj Al Salam, Trade Center, Dubai