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Nomis Price Optimiser Makes the Shortlist for the European Banking Technology Readers' Choice Award for Most Innovative New Product

Nomis Solutions recognized by The Readers of Banking Technology.

London, UK and San Bruno, CA (PRWEB) September 28, 2007 -- Nomis Solutions, the leader in Profit-based Pricing for banking and finance, today announced that it was selected as a finalist for the European Banking Technology Readers' Choice Award. The Nomis Price Optimiser is one of three finalists in the "Most Innovative New Product" category.

The Readers' Choice Awards were created to recognise that financial institutions are increasingly turning to independent software providers in search of solutions to address a range of issues that would once have meant an expensive bespoke development. Banking Technology's readers were asked to vote for their choice of the best systems in a range of categories. The winners in each category, and the valiant runners up, will be announced at the European Banking Technology Awards gala event on 22 November at the Grosvenor House Hotel in London.

We are thrilled to be recognised by the readers of Banking Technology as having one of the most innovative products for banks and finance companies. Financial institutions are realising significant financial performance improvements by using the Nomis Price Optimiser to make pricing decisions in their lending portfolios
"We are thrilled to be recognised by the readers of Banking Technology as having one of the most innovative products for banks and finance companies. Financial institutions are realising significant financial performance improvements by using the Nomis Price Optimiser to make pricing decisions in their lending portfolios," said Lawrence Whittle, managing director and vice president international at Nomis Solutions. "We congratulate all of the other finalists for their achievements and especially thank our customers and partners for their support."

More information about the European Banking Technology Readers' Choice Awards and the awards gala are available at: http://www.bankingtech.com/ipi/bankingtech/resource.do?id=bat:awardsreaders

About Nomis Solutions
Nomis Solutions is the recognized leader in Profit-based Pricing for banking and finance. Powered by price optimization technology, Profit-based Pricing is an innovative approach that enables executives to strategically use pricing to achieve improved financial results, gain insight into customer preferences, and support compliance. The award-winning Nomis Price OptimizerTM Suite is a set of business solutions that combines pricing analytics, optimization, and execution into a comprehensive pricing strategy and process.

The suite includes specific solutions for auto finance, home equity lending, personal lending, mortgage, and deposits. Each solution delivers quick time-to-benefit, increases profits and market share by 10-20%, and provides valuable insights about how customer preferences impact product and portfolio performance, within a strong compliance framework. Select customers include Abbey, AmeriCredit, Ford Motor Credit Company, GE Consumer Finance, HBOS plc, and WaMu. Headquartered in San Bruno, CA, Nomis Solutions has offices in Charlotte, NC, and London, United Kingdom. Visit www.nomissolutions.com or contact us at info(@)nomissolutions.com or 650-588-9800.

Nomis Solutions and the Nomis Price Optimizer Suite are trademarks or registered trademarks of Nomis Solutions, in the United States and in other countries. Other product and company names herein may be the trademarks of their respective owners.

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CONTACT INFORMATION
MARK PETERSON
Experience Communications for Nomis Solutions
831-626-4400
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