Accurate data is essential to every business, everywhere. Particularly when it comes to names, accurate matching from one source to another is a critical business function. From watchlist screening to medical records to financial compliance, a mismatched name could have potentially disastrous consequences for the business and the individual involved.
That’s why many software providers that offer name matching functionality white label Babel Street Match (formerly Rosette Name Indexer) within their solutions. Quite simply, Match provides the best name matching capabilities in the market across 25+ languages and scripts, using patented algorithms for matching, analyzing, and scoring results.
To prove this claim, in September 2023 Babel Street commissioned Forrester Consulting to conduct a Total Economic Impact™ Partner Opportunity Analysis that examines the potential business opportunity and return on investment (ROI) customers may realize by building and scaling a solution that integrates Babel Street Match.
The results were telling. A composite organization comprised of interviewees with experience using Match into their own solutions reaped significant quantitative and qualitative benefits, including:
- Return on investment of 82% within three years
- Significant increase in gross profit margin attributable to Match —65%
- Higher accuracy of name matching resulting in increased end user customer satisfaction
- Improved customer retention due to ongoing development of new Match features
These benefits aren’t limited to software providers. Any organization can easily integrate Rosette with in-house systems to dramatically boost name matching capabilities with far less investment than building a solution from scratch.
To learn more, explore the complete study on the total economic impact for partners of Babel Street Match.
