Increasing Competition Requires Business Model Agility
The consolidation and recombination
of global financial markets is resulting in an increased volume, complexity,
and diversity of fees and transactions for the banking, capital markets, insurance,
and payment sectors.
The current fee pricing and billing systems that are
used by banks, brokerages, exchanges, clearing houses, and other financial intermediaries
were designed to handle stable business models and predictable pricing environments.
They are increasingly proving unable to keep up with new market demands.
Highdeal
Transactive® gives financial service institutions unequalled fee pricing
flexibility, the ability to rapidly change business models, renegotiate contracts
with confidence, straight through processing, and the ability to handle massive
transaction volumes, on a cost-effective hardware infrastructure.
Patented
Decision Tree approach using intuitive, visual symbols rather than code
Reduce
time to market – configure new and modified fee structures or commissions
in days rather than months
Gain higher real-time performance – business
managers can make ongoing fee changes without having to wait for IT staff
Single
system to manage multiple business relationships
Drive
down costs with a leaner and more adaptable pricing catalog – reuse the
same fee or commission pricing logic in different contexts for different types
of customer or partner
Retain favored customers – apply discounts
and bundles to any fee
Flexible
pricing terms for any kind of fee or commission structure
Deliver
better customer service – develop relationship-based pricing and dynamic
business models
Comply with fee transparency regulations by unbundling
services
Profitability
Analysis
Improves
overall profitability – calculate the margin and profitability between
fees for costs and fees for revenues before settling on new contracts
Straight-through
processing with a fully automated solution
Increase
availability of real-time services – remove manual processes with automated
real-time processing
