"Pricing optimization is enabling bank executives to use pricing as a strategic weapon to meet their corporate objectives..."

Learn more from the guru of price optimization, Dr. Robert Phillips.
Briefs
Since 2004, Nomis has completed over 35 implementations of pricing technology and process. Along the way, our customers have run over 100,000 pricing scenarios, priced over $400 billion in consumer accounts priced, and generated over $400 MM in incremental profits through the use of Nomis technology.
Successful pricing technology deployments include deposits and savings, credit cards, personal loans, mortgages, home equity, auto finance, small business lending, and merchant acquiring. We leverage this experience to bring similar results to your unique business environment and deliver the fastest time-to-benefit.
Designed for the loan or deposits pricing team, the award winning Nomis Price Optimizer™ (NPO) is for executives responsible for pricing loan and deposits products who want to use pricing more strategically to drive financial performance, gain valuable insight into customer preferences, and use a more consistent, repeatable and efficient pricing process that supports regulatory requirements.
This Solution Overview details how NPO can help you reach your profit, volume, balance, and portfolio mix targets using a combination of advanced analytics, innovative technology, and tailored business processes.
The Nomis Score is a price sensitivity score that can help companies:
Better tailor offers and prices down to the individual customer, improving pricing effectiveness to drive profit and volume growth
Quantify price sensitivity to derive the optimal segmentation of customers and prospects
Understand each customer's value for price relative to non-price factors, independent of product, channel or historical market footprint
Learn how Nomis Score™ enables lenders to better understand their customers' preferences and therefore create more suitable offers, translating into higher profits, volumes, and customer satisfaction.
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