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SOURCE: Nomis Solutions
Nomis demonstrated its next gen Pricing and Profitability Management platform for Deposits & Retail banking to over 1100 attendees. The new platform builds on the success and reputation of the Nomis Price Optimizer and Nomis' experience in delivering sustainable, strategic, financial, and operational returns to the world’s leading Banks.
San Bruno, CA (PRWEB) May 14, 2012
Nomis Solutions the leading provider of Pricing and Profitability Management solutions for financial services companies attended FinovateSpring, 2012 on May 9th, in San Francisco. Frank Rohde (CEO) and Prashant Balepur (VP of Product Development) presented their new Deposits platform, NPO 4.0 to over 1100 attendees. Nomis was one of 64 companies who unveiled their latest and greatest financial technology at the Conference.
The new Deposits platform builds on the success and reputation of the Nomis Price Optimizer and Nomis' experience in delivering sustainable, strategic, financial, and operational returns to the world’s leading Financial Services companies. By marrying insightful data streams, cutting-edge predictive analytics and behavioral science, and powerful decision-making capabilities within an engaging user experience, the platform enables CFOs, Deposits leaders, Product Managers, and Pricing Analysts to better understand their customers and make profitable, customer-sensitive decisions regardless of market and competitive dynamics.
"Nomis’ deposit solution replaces traditional spreadsheet-based approaches with a scalable, enterprise-grade technology platform, powered by a unique ability to understand and predict customer preferences and behavior. This provides the capability to evaluate tens of thousands of pricing cells and dozens of business constraints; perform what-if analysis on multiple pricing scenarios; and develop optimal price recommendations in minutes, instead of days," said Frank Rohde, President and CEO of Nomis Solutions.
About Nomis Solutions
Nomis Solutions enables best-in-class Pricing and Profitability management for financial services companies. Through a unique combination of data, advanced analytics, innovative technology, and tailored business processes, Nomis Solutions’ Pricing and Profitability Management™ Suite enables banking executives to make more intelligent, data-driven decisions to align their pricing practices with customer needs and business goals. Through predictive insights about customer price-sensitivity, the Pricing and Profitability Management Suite™ provides banking professionals the ability to unlock the profit and volume potential of their consumer lending and deposits portfolios while satisfying risk, funding, and regulatory constraints.
Nomis Solutions has the largest depth and breadth of Pricing and Profitability Management experience in the financial services industry. We leverage this experience to bring similar results to your unique business environment and deliver the fastest time-to-benefit. Our solutions are used by executives responsible for pricing, product management, marketing, with over $400 billion in consumer accounts priced and $400+ million in incremental profits generated through the use of Nomis technology. Visit http://www.nomissolutions.com or contact us at info(at)nomissolutions(dot)com or 650-588-9800.
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