I'm impressed by the financial results that the company is able to generate for its banking and finance companies and the level of energy the team has about helping customers improve their pricing and profitability management processes.
San Bruno, CA (PRWEB) October 30, 2007
Nomis Solutions , the leader in Profit-based Pricing for banking and finance, today announced the appointment of Todd Spartz as vice president and chief financial officer. In this position, Mr. Spartz will direct the financial strategy and operations of the pricing optimization solutions company. Mr. Spartz will play a critical role in helping to manage the growth of the company as financial institutions adopt and implement the Nomis Price Optimizer Suite of solutions. Mr. Spartz will report directly to Nomis Solutions' Chairman and CEO, Dennis Stradford.
"Todd's expertise in revenue and performance management will help support us as the rate of adoption of our solution continues to escalate," said Stradford. "His aptitude and experience in finance with multi-million dollar, global organizations will be a critical asset as we continue to grow our business."
Before joining Nomis Solutions, Mr. Spartz most recently worked at Openwave Systems as Vice President of Finance and Corporate Controller where he successfully managed the finances of this multimillion dollar, global organization. Before that, Mr. Spartz was Vice President of Finance with Metareward; a subsidiary of Experian, focused on online customer acquisition programs for top brand advertisers. Rounding out his extensive experience in financial operations, planning and accounting are his previous roles with technology leaders Oblix, acquired by Oracle, Extreme Networks, Aspect Telecommunications, and Applied Materials.
"I'm excited to be joining Nomis Solutions at such a critical point in the company's growth," said Mr. Spartz. "I'm impressed by the financial results that the company is able to generate for its banking and finance companies and the level of energy the team has about helping customers improve their pricing and profitability management processes."
Mr. Spartz earned a BSC in Accounting from the College of Commerce at DePaul University and holds an MBA in Finance from the Leavey School of Business at Santa Clara University. He is also a licensed CPA in California.
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 Optimizer™ 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 Money, HBoS plc, and WaMu. Headquartered in San Bruno, USA, Nomis Solutions has offices in Charlotte, NC and London, United Kingdom. Visit http://www.nomissolutions.com or contact us at firstname.lastname@example.org or 650-588-9800.
Nomis Solutions and 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.