Pricing Intelligence in Banking

Building a focused pricing strategy solution with Qlik, Pomerol Partners enabled visualization of a client-by-client model with the ability to drill into currency-type, sales executive, region, and pricing tiers. The business users have now regained control over their data and client management.

 

C L I E N T    P R O F I L E

The 2nd largest bank in the US needed fluid understanding of its FX & Prime Brokerage pricing

 

B U S I N E S S    C H A L L E N G E

Years of M&A have contributed to a spaghetti like IT environment

Systems not able to show price plans against trades

Complex infrastructure clouded strategies to best maximize revenues

 

S O L U T I O N

A one tool solution including scenario functionality provided immediate financial impacts over a selection of different criteria to enhance the decision making process.

 

R E S U L T S

• Reduced 350 pricing plans down to 10 pricing plans
• Captured 11% increase in revenues from immediate re-pricing from real-time analysis
• Beat budget targets due to 25% reduction in costs

 

R E Q U I R E M E N T S    I D E N T I F I E D

Over 10,000 Clients Identified

115 Currency pairs

125 Sales Executives

4 Major Global Trading Markets

2 Fragmented Legacy Source Systems

 

Recognized by top payments and brokerage executives as the premium, best-in-class application that is easily transferrable across products, businesses and industries.