San Bruno, CA (PRWEB) January 23, 2012
The ability to simultaneously improve customer service and satisfaction while maximizing revenue and profitability has long been the "holy grail" of retail banking. While the concept is simple, actually realizing the benefits of customer value pricing has proven elusive for many banks. On April 18-19, 2012, a select group of banking executives will gather at San Francisco‘s prestigious Four Seasons Hotel to celebrate successes and share lessons learned on how to achieve real business benefits on the road to Customer Value Pricing, at Nomis Solutions‘ 2012 Global Pricing Forum: The Road to Customer Value.
This is the fifth in a series of successful forums hosted by Nomis Solutions, the leader in Pricing and Profitability Management for financial services companies. The forum will bring together retail banking and finance company executives, as well as industry experts from market-leading organizations in the United States, Canada, Europe, South Africa and South Korea to share valuable insights about how to achieve substantial benefits from improved pricing and profitability management platforms and processes, regardless of their existing level of sophistication. A 2011 Global Pricing Forum attendee from a top three UK Bank said, "The 2011 conference provided an excellent insight into the theoretical and practical aspects of price optimization. It also provided a great opportunity to network with a talented group of individuals from multiple disciplines across the industry."
The 2012 Global Pricing Forum will offer the opportunity to profit from the expertise, insights, and advice of pricing strategists, and benefit from the practical experiences of retail banking executives who have successfully navigated the challenges of Customer Value Pricing by leveraging pricing excellence. Banking professionals are seeking to understand how to implement a pricing discipline that enables banks to optimize pricing and promotion strategies across retail banking products and maximize the long-term value of customer relationships while maintaining and improving customer satisfaction.. This is the ideal Forum to hear about advances in this field and network with Pricing specialists from around the Globe, stated Nomis Solutions' President and CEO, Frank Rohde.
Featured presentations from pricing experts will include:
Richard Hunt, President of the Consumer Banking Association and a U.S. spokesperson on financial services issues, will speak about the current challenges and opportunities in Retail Banking.
A large North American Bank will present their progress in implementing Customer-Value Pricing.
An innovative new player will discuss their initial forays into Pricing and Profitability management.
Panel discussion and breakout groups will allow participants more in-depth exploration of Customer Value Pricing challenges with colleagues from around the globe.
Dr Robert Phillips, Professor of Professional Practice, Columbia Business School, and a pioneer in pricing and profitability management will discuss organizational and analytic challenges in achieving Customer Value Pricing.
Nomis Solutions‘ pricing experts will share case studies on successful results achieved in the areas of Deposits, Mortgage and Personal Lending, as well as the latest research and development results.
Participants will have the opportunity to network with peers from a variety of lending and deposit disciplines from key global markets while staying at San Francisco‘s prestigious Four Seasons Hotel, a luxury hotel conveniently located near Union Square. A private tour and dinner will be held at the world renowned California Academy of Sciences– the only place on the planet with an aquarium, a planetarium, a natural history museum, and a 4-story rainforest all under one roof.
To find out more about the 2012 Global Pricing Forum and to register for this exclusive event, please visit http://www.nomispricingforum.com or contact Valerie Gryfakis at Valerie.Gryfakis(at)nomissolutions(dot)com.
About Nomis Solutions
Nomis Solutions enables best-in-class Pricing and Profitability Management for financial services companies. Through a unique combination of data, advanced analytics, innovative technology, and tailored business processes, Nomis Solutions‘ Pricing and Profitability Management™ Suite enables banking executives to make more intelligent, data-driven decisions to align their pricing practices with customer needs and business goals. Through predictive insights about customer price-sensitivity, the Pricing and Profitability Management
Suite™ provides banking professionals the ability to unlock the profit and volume potential of their consumer lending and deposits portfolios while satisfying risk, funding, and regulatory constraints.
The Pricing and Profitability Management™ Suite of business solutions includes the award-winning Nomis Price Optimizer™, the Customer Portfolio Optimizer™, and Nomis Insights™. Driven by each customer‘s data and the Nomis Data Network™, our solutions provide analytic insight through predictive price-response models, the Nomis Score™, and the Nomis Market Schema. Each engagement is a collaborative process between our customers and our team of pricing experts, spanning data, analytics, software, and business consultants.
Nomis Solutions has the largest depth and breadth of Pricing and Profitability Management experience in the financial services industry. We leverage this experience to bring similar results to your unique business environment and deliver the fastest time-to-benefit. Our solutions are used by executives responsible for pricing, product management, marketing, with over $400 billion in consumer accounts priced and $400+ million in incremental profits generated through the use of Nomis technology.