Nomis Solutions Sponsors Keynote Speaker for AFSA's Vehicle Finance Conference
Nomis Offers Free Profit Opportunity Assessment to Evaluate Current Pricing Practices
and Measure the Impact of Profit-Based Pricing on 2007 Performance
San Bruno, CA January 24, 2007 -- Nomis Solutions, the leader in Profit-based Pricing for banking and finance, today announced its Platinum sponsorship of the American Financial Services Association's (AFSA) 11th Annual Vehicle Finance Conference and Exposition, held January 31 - February 2, 2007 at the Ritz-Carlton Las Vegas. Nomis Solutions is sponsoring the keynote breakfast with Andrew J. Card Jr., former chief of staff to President George W. Bush. In addition, Nomis Solutions will offer a free Profit Opportunity Assessment at its booth #18.
Nomis' Profit Opportunity Assessment is a 30-minute survey that provides an analysis of an auto finance source's current pricing practices, how these practices compare to the competition, and a measure of the potential profit improvements that could be generated in 2007 with a Profit-based Pricing approach.
"Through the support of companies like Nomis Solutions, AFSA is able to put on a program that truly benefits the vehicle finance industry," said AFSA President and Chief Executive Officer Chris Steinbert. "With such high-caliber speakers as Andrew Card and an excellent mix of topics, we're expecting this year's conference to be the best one ever."
Nomis Price Optimizer enables Profit-based Pricing, a more advanced and rigorous approach to pricing that improves profits by 10-20%, provides deep insights about how pricing impacts performance, and helps ensure compliance with a more transparent process. Forward-thinking executives within the auto finance market, including HBOS, BB&T and Ford Motor Credit, have adopted a Profit-Based Pricing approach to improve the profits and market share of their lending businesses.
"We are thrilled to be a sponsor of this year's Vehicle Finance Conference," said Nomis Solutions' Chairman and CEO, Dennis Stradford, who is also introducing Andrew Card before his keynote presentation. "Improving profits through a more advanced approach to pricing, within a rigorous compliance framework, is top of mind for auto finance executives. We are looking forward to offering the Profit Opportunity Assessment to demonstrate how a Profit-based Pricing approach can help auto finance sources to achieve their goals in 2007."
Nomis Solutions will be providing complimentary copies of the recent Gartner report, "Investigate Nomis Solutions Price Optimizer," by Gartner's principal analyst of banking practice, Richard De Lotto. For more information about this conferences, please visit our events page.
About Nomis Solutions
Nomis Solutions is the leader in Profit-based Pricing for banking and finance. The Nomis Price Optimization Suite™ is designed for executives whose top priority is to strategically use pricing to increase profitability while maintaining revenue and market share. Because of the unique needs of each banking division, the suite includes specific solutions for the following industries: Direct and Indirect Auto Finance, Home Equity Lending, Personal Loans, Deposits, Mortgage, and Foreign Exchange. Each solution is implemented in 12 weeks, provides valuable insights about the business, and increases profits within three months. All Nomis customers have achieved 10X ROIs. Headquartered in San Bruno, CA, Nomis Solutions has offices in Charlotte, NC, New York, and London, England. Visit www.nomissolutions.com or call 650-588-9800 for more information.
Nomis Solutions and Nomis Price Optimizer Suite are trademarks or registered trademarks of Nomis Solutions, in the United States and/or in other countries. Other product and company names herein may be the trademarks of their respective owners.
