“Nomis nSight combines cutting-edge AI and billions of financial observations, public and private data to create pricing strategy insights for business users.”
BRISBANE, Calif. (PRWEB)
March 10, 2020
Nomis Solutions, a fintech innovator focused on ensuring on-going value creation for the world’s smartest financial institutions, announced the availability of Nomis nSight, a strategic tool for optimally pricing deposits and mortgages in real time. Nomis nSight is an analytic tool for banks, lenders and credit unions that gives their teams fast and powerful information about the markets in which they compete.
Accessible with zero integration costs, nSight is built on a proprietary Nomis database that combines billions of financial observations with public data and third-party subscription data. The final output is a data and visualizations tool that equips pricing managers with the latest pricing intelligence to support smart and profitable business decisions.
“Whether you are trying to decide how to grow your deposits portfolio, or how to beat out the competition in a specific mortgage market, making smart pricing decisions requires continual analysis of large amounts of data—something that many financial institutions simply don’t have the resources to tackle,” said Frank Rohde, president and CEO of Nomis Solutions. “nSight combines cutting-edge AI and billions of financial observations, public and private data to create pricing strategy insights for business users. Whether you’re a data scientist, a deposit product manager, or mortgage loan officer, you can now make better, data-driven pricing decisions to support your business objectives. In a volatile market, deep and real-time insight into pricing is crucial to win”
Product overview
Nomis nSight supports pricing decisions for both deposits and mortgages:
nSight for Deposits
- Quickly evaluate micro-market price sensitivity to make decisions about how to price and where to promote.
- Evaluate competitive intensity and supply of deposit dollars within a market to help determine which markets to pursue and which to avoid.
- Leverage Nomis’ deep market-level knowledge and proprietary data assets to score the attractiveness of any market in the US.
- Focus marketing dollars on the right audience to maximize campaign impact.
nSight for Mortgages
- Acquire business intelligence on how pricing cell changes will return a higher margin and more volume.
- Gain full visibility into the pulse of the market, with live data from BankRate, LendingTree, Zillow, and others.
- Receive actionable intelligence on where and when to post your rates, which sites are the least competitive, and at what times of day.
- Take advantage of unique market arbitrage opportunities unknown to competitors.
Where to learn more about Nomis nSight
About the Nomis Platform
The Nomis nSight for pricing dashboard is part of the Nomis Pricing Platform™, which includes Nomis Price Optimizer™, Nomis Price Manager™, and Nomis Deal Manager™. Nomis Price Optimizer uses big-data analytics to help banks define optimal strategies to meet specified volume and profitability targets, the Nomis Deal Manager achieves consistent, personalized pricing and offers that meet both customer needs and bank goals, while Nomis Deal Manager presents pricing and offers via the front line. The Nomis Pricing Platform supports end-to-end visibility that connects back-office pricing decisions with front-line customer engagement.
About Nomis Solutions
Nomis is a fast-growing fintech and price optimization pioneer that is enabling the world’s smartest financial institutions to drive sustained, profitable growth through end-to-end customer-centric pricing capabilities. We do so through our market-leading, cloud-native Nomis Platform™ and team of experts, bringing together cutting-edge big data, machine learning, AI and mission-critical software with deep expertise in consumer behavior, pricing and the financial services industry. The Nomis Platform manages over $2.5 trillion in transaction volume, quotes a price every 60 milliseconds, empowers 14,000+ bankers, and generates nearly $800 million in value annually. To learn more, visit nomissolutions.com.
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