Charles Sauriol
CMHC
May 30, 2011
|
Canadian Housing Market Stabilizing in 2011
"Modest economic growth, in conjunction with relatively low mortgage rates, will continue to support demand for new homes in 2011 and 2012. Nonetheless, we are expecting new and existing housing markets to fall in line with demographic fundamentals, as changes to mortgage rules take hold," said Bob Dugan, Chief Economist for CMHC.
|
Penny Crosman
Bank Systems & Technology
March 29, 2011
|
90% of Top-Tier Banks Say Their Pricing Models Must Change
The world's largest banks are too complex and not client-centric
enough, concludes a study of the top 200 banks based on tier 1 capital
conducted recently by IBM's Institute for Business Value and the
Economist Intelligence Unit. They must change their pricing models and
make insightful use of customer data to make pricing decisions, to
keep customers satisfied, and to remain profitable, the study
found.
|
Consumer Bankers Association
March 18, 2011
|
Consumer Bankers Association Announces Nomis Solutions As Premier Corporate Sponsor
The Consumer Bankers Association (CBA), the leading provider of
education, research, and federal representation on retail banking
issues, announced today a corporate sponsorship agreement with Nomis
Solutions, Inc., the leader in Pricing and Profitability Management
for the financial services industry.
|
Bank Systems & Technology
February 13, 2009
|
Smart Use of Pricing Can Help Banks in the Battle for Deposits (PDF)
"Unprecedented turmoil” is among the phrases most commonly
used to describe the current state of banking. And, indeed the last
few months have seen an historic rate of failures, near-failures, and
acquisitions combined with a rapid tightening of credit. Amid all this
turmoil, it is easy to forget that the basic business of gathering
deposits and making loans is not going to disappear. In fact, as
banks look for ways to survive the current environment, more careful
management of the core businesses of lending and deposits will have a
high priority. In this article, Dr. Robert Phillips, founder and CSO
of Nomis Solutions, explains how pricing and profitability
management can help bank executives break through the current market
conditions and prepare themselves for the future.
|
Robert D. Kugel CFA
Ventana Research
|
Nomis Helps Banks Help Themselves
"The impending financial reform bill in the United States will have
a substantial impact on the consumer finance business. As with any
such omnibus legislation, the devil will be in the details and the
details will be worked out in coming months. Still, the broad
outlines of some of the "consumer protection" aspects of the
legislation are clear and they point to a sea change in the way
banks, consumer credit companies and credit card issuers will be
doing business. You don't have to be a fan of the bill to recognize
that many consumer-focused US financial services companies have
pursued a strategy that I would characterize as sloppy and
ultimately stupid: Make money by heavily penalizing your customer
for any minor misstep and forcing them to work hard to avoid being
tricked." |
Bobbie Britting
Research Director,
Consumer Lending
TowerGroup
Jan 2009 |
Pricing Optimization: A Financial Institution's Guide to Choosing an Implementation Method
This TowerGroup Research Note presents the findings of our proprietary study on approaches to implementing pricing optimization at financial services institutions (FSIs) in North America and the
United Kingdom. Participating FSIs were either already utilizing or in the process of implementing
pricing optimization. TowerGroup conducted the study in June and July 2008 and was
commissioned by Nomis Solutions. Results of the study provide a better understanding of why FSIs
choose to implement pricing optimization and, once they make that decision, how they determine
the best approach: build internally, buy externally, or use a hybrid solution.
For a free copy of the research note please contact us at info@nomissolutions.com |
