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San Bruno, CA (PRWEB) January 30, 2012

pubDate Nomis Solutions, the leading provider of pricing and profitability management solutions for financial services, announced today the signing of 10 new customers in the 2011th new customer wins the year 2011 include major banks and finance companies in the U.S., Canada, Europe, and South Africa. Three major auto financing providers decided to implement the technology for Nomis INCREASE pricing for dealers and consumers. Three banks deployed Nomis technology to the ENHANCE Rate prices of the two banks, consumer credit, while deployed Nomis Price Optimization technology to optimize the interest rate on deposits and other targeted optimization of two is a fee.

Frank Rohde, CEO of Nomis Solutions, commented: We are very pleased with the traction in the marketplace and customer satisfaction, we’ve seen over the past 12 months. We are now serving more than 20 of the largest banks and financial companies worldwide, including all of the top 5 Canadian banks Several of the 10 largest U.S. banks, and the market leader, Europe and South Africa. In total, our customers Nomis technology used to fix the prices of over U.S. $ 76billion in loans and retail deposits in 2011, with a different combination of increase in profitability as a result of SmarTerm prices. Furthermore, under Implementation price optimization software, banks also scored more than 24 million people with score Nomis, banking industrys only at the score customer price sensitivity. The continued adoption and expanded use of technology through Nomis Retail Banks is a testament to the impact of the banks that price optimization has bottom lines, even in an environment in which compressed net interest margins.

Entering 2012, we have that the Bank After six Trends in prices:

?? Interest rates on deposits are still at historically low levels in the U.S., Europe and Canada. However, a number of banks are looking to invest in technology Price Get a deeper insight into the customer price sensitivity and demand deposits. Nomis technology, including the annotation Nomis, can help optimize the cost of banks in the Database Environment today to find additional points of margin, and most importantly set up Google Analytics and optimization of the infrastructure needed to meet the rising interest rates in 2013-2014.

? Mortgages and interest rates remain very competitive. In an environment of very small margins, banks are investing in price segmentation and optimization technology to refine find segments with lower price sensitivity of consumers to obtain incremental benefits. At The Same Time, Lender increasingly pressing rate or discounted Salesforce discretion of fees. Nomis technology is successfully deployed to reduce leakage besides being at the forefront, optimize prices throughout the loan process and optimize the balances held and the spread of the business portfolio during the activity of re-pricing.

? Pricing strategies of credit cards will continue to focus on a better understanding of consumer price sensitivity and product preferences at the point of focus on acquisition growth accounts is growing. Issuer are investing in more targeted pricing By acquiring new customers as reviewing opportunities post-acquisition price has become more difficult following the Law of cards. Several banks are using the Nomis score of amendments, with the risk analysis and response pre-approval for their campaigns and pricing strategies resulted in improvements in performance have led to a different combination.

? Auto finance rates remain very competitive. The leaves of the types of distributors are disappearing at a rapid pace, replaced by more granular and segmented price. At the same time continuing regulatory focus on dealer margins has led to a number of suppliers to start pricing mechanisms alternative. Key success factors in the prices of Auto Finance will remain a distributor detailed analysis on demand and consumer price sensitivity, competitive analysis and pricing of refined segmentation and optimization.

? Continued Focus on listed prices. In 2011, Banks was the focus of a current account rates. With depressed interest margins at least until 2012, banks continue to focus on transaction costs and the account to offset the loss of income. Banks will need to succeed as consumer preferences understanding and sensitivity to customer rates to a level before making wholesale changes. With the score Nomis, we have introduced the only customer to level the score of price sensitivity in the industry to help banks have realized the impact of tariff changes are applied before any other, without trial.

? Price value for customers through products is again on the agenda of major retail banks. While the banking crisis has slowed the adoption of pricing approaches customer relationship, a growing number of banks are investing in price to customer value, the ability to optimize pricing on products based on value overall customer relationship. Nomis Solutions Customer Value Price made a reality by integrating tactics in retail prices of the Bank within the same optimization and analysis platform, the data layer, information standards, and through a consistent definition of customer price sensitivity and cost effectiveness. As the only provider of price optimization technology across the Bank, including mortgages, loans and lines, deposits, credit cards, payments and indirect financing, Nomis uniquely positioned to allow banks to make the next trade fair pricing between products.

About Nomis Solutions

Nomis Solutions

allow Best-in-class price and performance management of financial services companies. Through a combination of advanced analytics, innovative technology and business processes, as the prices and profitability Suite ManagementTM allowed bank executives to make smarter, data-driven decision to align with customer needs on their practices pricing and business objectives. Through predictive analysis on customer demand and price sensitivity, the Management Suite prices and profitability provides banking professionals the ability to unlock the potential of volume and profits for its great selection, while satisfying Deposits and lending risk, financial and regulatory constraints.

Nomis Solutions

is the North American headquarters in San Bruno, CA With its EMEA headquarters in London. Http://www.nomissolutions.com visit or contact us at info (at) nomissolutions (dot) com or +1-650-588-9800 or +44 (0) 207 812 7251 st

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