Nomis Solutions materially improves the financial and operational performance of financial services companies. Leading banks and finance companies choose to work with Nomis Solutions for the following reasons:

• Most customers and experience
• Exclusive focus on financial services
• Best-in-class technology and science
• Pricing best practices and processes
• Fastest time-to-benefit

Below is a select list of banks and finance companies that use a best-in-class Pricing and Profitability Management approach enabled by our award winning solutions to achieve their goals.

• Santander
• AmeriCredit
• BMO Bank of Montreal
• Chrysler Financial
• Ford Motor Credit Company
• GE Money
• HBOS plc (part of the Lloyds Banking Group)
• Nationwide Building Society
• Royal Bank of Canada
• Skipton Building Society
• Yorkshire Building Society

FEATURED CUSTOMERS

CUSTOMER PERSPECTIVE

“Pricing optimization enables banks and building societies to more effectively and efficiently price to meet their strategic business drivers in today’s unpredictable market. By understanding changes in consumer behaviour, competitor pricing, and the macroeconomic environment, they can price at a more targeted, micro-segment level.

I believe pricing optimization will become a standard business practice in the coming years. Just as credit scoring and risk-based pricing have become the norm, so too will pricing optimization.”

Paul Morrish, Managing Director, Succession Commercial Services and Former Head of Consumer Lending at Santander.

CUSTOMER PERSPECTIVE

"Working with Nomis Solutions, AmeriCredit generated $18 million in profitability within one year of using the Nomis Price Optimizer and projected $40 million over three years. The solution helped us improve our ability to execute on our pricing strategies and proactively manage the dynamic market."

Tom Schwartz, Former VP of Operations Analytics, AmeriCredit and pricing optimization expert

Chrysler Financial

CUSTOMER PERSPECTIVE

"A new, collaborative pricing model enables us to take a more proactive approach and use pricing strategically to drive performance. We chose to work with the Nomis Solutions team because of their proven track record and experience in pricing optimization as well as their solid understanding of the auto finance business."

Kelly Mankin, Vice President of Marketing
Chrysler Financial

Part of the Lloyds Banking Group

  HBOS won the 'Best Use of IT in Retail Banking' at the 2006 Financial Sector Technology Forum
  for its use of Nomis Price Optimizer.

CUSTOMER PERSPECTIVE

"Since working with Nomis Solutions our pricing team has achieved both strategic and operational benefits.

We continue to gain insights about our customers and our product performance, which we've used to advance our pricing practices and process."

Alex Park, Senior Manager, Pricing
Halifax Bank of Scotland (HBOS)

CUSTOMER PERSPECTIVE

“We’ve partnered with Nomis Solutions to use a more customer-centric and tailored approach to pricing that will enable us to price our unsecured loans business appropriately and prudently. The Nomis Price Optimizer enables us to understand the impact of pricing on customer response and use that insight to make smarter pricing decisions in this difficult environment.”

Simon Beresford, Head of Consumer Lending
Nationwide Building Society

CUSTOMER PERSPECTIVE

"The credit experience is very much a moment of truth. Getting that right is very important to us at RBC.

We are currently using the Nomis Price Optimizer for unsecured lines of credit, with plans to extend it to other lines of business including auto financing. Effective loan pricing supports our 'full relationship' banking model and by using analytic tools to dovetail our pricing and personal marketing strategies, we are able to understand where the customer sees value in the product."

Neil McLaughlin, Former Head of Consumer Lending
Royal Bank of Canada

CUSTOMER PERSPECTIVE

“The mortgages industry is experiencing unprecedented turmoil and our team has adopted a solution that helps us better manage the dynamic market and our customers’ changing needs.

By using the Customer Portfolio Optimizer, we have gained a better understanding of our customers and we use this insight to tailor optimal offers and contact strategies that better meet their needs. At the same time, the solution helps us meet our business objectives, risk thresholds, and performance goals.”

Rik Andrews, Mortgage Product Controller
Skipton Building Society

CUSTOMER PERSPECTIVE

“We use the Customer Portfolio Optimizer to better tailor offers to our customers’ needs and to simultaneously meet the performance objectives of our mortgage portfolio. The solution helps us craft a more effective contact, offer and outreach strategy including the tone of the message, the communications channel, timing and sequencing of the offer to meet our customers’ needs.”

Karen Miller, senior product manager, Group Retention
Yorkshire Building Society