Absolute Values is the brain child of two incredibly talented analysts who simply could not take another day of grunt work when developing models … and decided that if they had to continue to do it, they should do it on their own terms. But more importantly, they absolutely believed that much of the current model building process could be automated.

They still believe that and as Absolute Values has grown, they’ve added more consultants and analysts who share their vision.

Founder
Nan Flaaten

Nan is always looking for a better way to do things. Whether it’s automating a process or designing a new system, the status quo is simply not good enough.

Nan’s ability to create artificial intelligence to mimic what an expert (like Nan) would do is legendary. Some of her most noted accomplishments have been automating standard reporting to reduce generation from one month to two days, increasing response rates 5 to 20% per year, enabling the expansion of the product line from two to twelve products, migrating inbound scoring from mainframe batch to interactive UNIX, and assisting in development of proprietary credit bureau scores.

Her name is associated with some of the country's most recognized companies including, Bank One (formerly First USA), Fingerhut Companies, Frequency Marketing, Inc., and American General Finance.

Over the past 15+ years Nan has:

·          designed, developed and implemented numerous scoring models

·          created customer segmentation schemes, tracking analyses and system audits

·          been involved with new account acquisition and management as well as credit line assessment and management

·          performed risk assessment using P&L’s

·          designed and implemented database systems.

Nan holds an MBA from the University of Minnesota, and a BS from Moorhead State University. When she’s not helping Absolute Values clients get an edge over the competition you’ll find her curled up with the latest Science Fiction trilogy.

Founder
Cheridy Hammond

Cheridy’s idea of fun is computational math. Really. After 10 years in the business community Cheridy headed back to the classroom at Clemson University for a Master of Science in Mathematics. While learning she also found time to teach undergrads (she even won an award for Excellence in Teaching).

When she wasn’t in school or teaching it, Cheridy lead and managed teams of analysts to

·          recognize the drivers of call volume and develop initiatives to reduce it

·          implement mass changes in modeling methodology that reduced turnaround time for model construction and improved acquisition and retention campaign results

·          measure program financial performance and recommend improvements

·          design and execute analysis to drive marketing strategy development.

Like Nan, Cheridy achieved measurable results working for some of the country’s top companies, such as Bank One (formerly First USA), Frequency Marketing, Inc., and American General Finance.

Before she headed into the corporate world, Cheridy received her Bachelor of Science, Applied Mathematics, University of Central Florida. In her somewhat scarce free time, Cheridy can be found racing down the road on a 40-mile biking excursion or SCUBA diving in some great tropical location.

Nan, Cheridy, and the Absolute Values teams they put to work for you are expert in the use of SAS, SPSS, Forecast Plus, Siman, SQL, Crystal Ball, Knowledge Studio and Microsoft Excel.