Latest Posts
Price Optimization
How to Price a Loan (According to the Experts)
Apr 26, 2022
Prashant Balepur, senior vice president of corporate strategy and partnerships, recently participated in a Canadian Lenders Association (CLA) webinar titled "How to Price a Loan." Balepur was joined by Geoff Finnie from BMO, Sundar Ramanathan of...
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Price Optimization, Auto Finance
Why Pricing Agility Will Be the Key to Auto Lending Success in 2022
Mar 14, 2022
The automotive industry has undoubtedly had a unique 24 months. From chip shortages to record low inventory and high demand, times are unpreceded on several fronts. But despite all this, the financing end of the auto industry has returned to...
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Retail Banking, Price Optimization
Need Three Reasons to Consider Pricing Technology Leader Nomis Solutions? Here’s What IDC’s MarketScape Has to Say.
Mar 1, 2022
In every industry, there are recognitions and awards that telegraph excellence, and over the years, some have become very well-known outside of their industry as well. For example, you don’t have to be a chef to understand that most restaurants...
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Price Optimization, Auto Finance
How to Harness Next-Level Auto Loan Pricing Intelligence with the Nomis-J.D. Power Partnership
Feb 11, 2022
Pricing is a delicate art, especially in the auto lending market. Today’s limited inventory and increased volatility have emphasized getting pricing right for lenders everywhere. It is this dilemma that our partnership with J.D. Power helps to solve...
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Mortgage
Borrower Expectations and a Digital-First Approach in Mortgage Lending
Jan 21, 2022
As the housing market exploded amid COVID-19 stay-at-home orders, the mortgage industry saw a huge shift in how consumers approach lending. Now, lenders are doing everything they can to meet evolving customer expectations and stay ahead of the curve.
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Retail Banking, Price Optimization
Deposit Pricing Strategies in a Rising Rate Environment
Jan 19, 2022
Current market forecasts suggest that we will soon see Fed funds, and subsequently, retail and commercial deposit rates, rise in 2022. Banks are anxious to see an expansionary rate regime to push open net interest margins and thus, signal the...
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Mortgage
8 Key Advantages of Pricing Data for Mortgage Lenders
Jan 19, 2022
Access to fast, accurate, and current rate data is critical in today’s ever-evolving mortgage landscape—and not just for the LOs who quote these loans. With the right pricing data, mortgage lenders can expect to improve their operations from the...
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Retail Banking, Price Optimization
Research Study: The Role of Technology in Price Optimization & Strategy
Jan 5, 2022
Pricing is a topic that, here at Nomis Solutions, we are deeply passionate about! Pricing is also at the heart of how our customers manage risk, exchange value with the end borrower, and drive sustained, profitable growth. We recently partnered with...
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