BMO Bank of Montreal Adopts Nomis Solutions’ Pricing Optimization Across Multiple Product Areas

San Bruno, CA (PRWEB) November 10, 2008

Nomis Solutions, the leading provider of best-in-class Pricing and Profitability Management for financial services companies, today announced that BMO Bank of Montreal (NYSE: BMO) has selected the Nomis Price Optimizer. BMO will deploy Nomis Solutions’ award-winning pricing optimization solution for originations and retention across multiple product areas with an initial focus on personal and indirect lending. Scheduled to deploy its first set of optimized rates early in 2009, BMO is anticipating greater agility in the rapidly changing market.

By deploying the Nomis Price Optimizer across multiple product areas, BMO will be leveraging a best-in-class pricing and profitability management approach that is based on a quantifiable understanding of the impact of pricing on customer response, product performance, and risk. BMO will then have a more consistent, repeatable and efficient pricing process that allows them to make changes more dynamically and with a higher level of confidence.

“With our work in the Canadian market over the past two years, we’ve learned a lot about customer response to offers and pricing and have demonstrated our ability to materially impact financial performance for our customers,” said Nomis Solutions’ Chairman and CEO,

Dennis Stradford. “We look forward helping BMO adopt a more advanced and dynamic approach to pricing strategically across its retail banking businesses.”

The award-winning Nomis Price Optimizer is designed for executives responsible for pricing loan and deposit products who want to use pricing strategically to drive financial performance at the national, regional, and local levels. This solution is the backbone of the Pricing and Profitability Management suite and delivers a clear understanding of customer response and how price impacts performance. By leveraging this information, the pricing team can quickly pinpoint which segments are under-priced or over-priced and better tailor pricing decisions to meet performance targets. Nomis Price Optimizer also helps build a more attractive portfolio mix to meet the “originations to order” requirements of the securitizations market. Currently deployed at more than 12 banks and finance companies worldwide, Nomis Price Optimizer optimizes more than $ 5 Billion in consumer lending each month.

About Nomis Solutions

Nomis Solutions enables best-in-class Pricing and Profitability Management for financial services companies. Through a combination of advanced analytics, innovative technology, and tailored business processes, the Pricing and Profitability ManagementTM Suite delivers quick time-to-benefit, and improves financial and operational performance throughout the customer acquisition and portfolio management processes.

The Pricing and Profitability ManagementTM Suite of business solutions includes the award-winning Nomis Price OptimizerTM, the Nomis Offer OptimizerTM, the Customer Portfolio OptimizerTM, and the Nomis NavigatorTM. These solutions are designed to meet the specific requirements of auto finance, home equity lending, personal lending, mortgage, and deposits executives. Select customers include Abbey, AmeriCredit, Chrysler Financial, HBOS plc, and Royal Bank of Canada. Headquartered in San Bruno, CA, Nomis Solutions also has offices in London, United Kingdom. Visit or contact us at 650-588-9800.

Nomis Solutions, the Nomis Price Optimizer, Nomis Offer Optimizer, the Customer Portfolio Optimizer and the Nomis Pricing and Profitability Management 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.


Find More Securitization Press Releases

Thetica Systems Adds Clients, Enhances Bond Analytics Product Line

(PRWEB) February 27, 2012

Thetica Systems, provider of a fast and flexible data integration/bond analytics platform for the structured finance market, announced it has recently added relationships with a major international bank, an independent investment firm, and a private equity firm.

“We are very gratified by this growth, and will continue to do our best to provide our clients with custom-fitted solutions to their needs,” said CEO Ariel Yankilevich. “This expansion shows how the ABS Trader Tools system is uniquely customizable for a diverse range of structured finance market participants.”

ABS Trader Tools offers flexibility, efficiency and speed in performing bond analysis and pricing. Its ‘smart scenario language’ allows traders to quickly run complex scenarios on multiple bonds, with ready access to cashflow and price/yield results in customized reports. Recent enhancements enable ABS traders and analysts to:

Run the full universe of CLOs in a few minutes using complex asset level scenarios, including using automatic rules for asset reinvestment.

Run the full universe of CMBS at asset level forecasts.

Use the results of these runs to feed tear-sheets, viewers, screeners, etc.

Easily search the universe of securities based on various criteria including results from bond analytics calculations (e.g., WAL, First-Pay, Second-Pay, Back Pay, Never Pay, etc.).

Create a customized reverse look-up to see all re-leverage points for an existing bond.

Quickly utilize complex Price/Yield matrices and custom pricing algorithms.

Those interested in a live demonstration of ABS Trader Tools may contact the company by phone at 727-724-4182 or email Sales(at)Thetica(dot)com.

Thetica from the Greek letter theta which means Thought, Life Force and Reason and the word etica which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the companys name.

About Thetica Systems: As Wall Street securitization pioneers, Thetica Systems understands the needs of ABS market participants. Its clients include investment banks, hedge funds, capital management, brokers, dealers and others that invest in or monitor structured finance securities, with users from traders and trading desks, research and product controllers to risk managers, regulatory reporting and IT.


The Collingwood Team and Motivity Options Announce Marketing and advertising Connection with Creditors One

WASHINGTON, DC and DENVER, CO (PRWEB) December thirteen, 2012

The Collingwood Group, a prime mortgage industry advisory group, jointly with Motivity Solutions, a foremost company intelligence technologies service provider, these days announced strategies to offer customers of the Loan providers One particular Home loan Cooperative (Loan providers A single) preferred obtain to its modern new technologies tool, NW-Perception. Loan companies A single users now have obtain to an automatic system that permits useful risk management insights to be transformed from the Federal Housing Administrations Neighborhood Look at database.


Tools that assist supply business analyses are crucial to the good results of our users, commented Jeffrey R. McGuiness, Main Executive Officer of Loan providers A single. NW-Perception provides a meaningful breakdown of the Community Watch knowledge provided by FHA giving our members much more management in excess of their threat administration efforts and the capability to much better keep track of their company.


Being mindful and ahead of good and negative trends in your FHA business functionality has in no way been more vital, said Brian Montgomery, Chairman of The Collingwood Group. Our settlement with Lenders 1 creates a unique chance for its customers to faucet into Collingwoods skills in FHA chance management as effectively as Motivity Solutions’ organization intelligence technological innovation. This will permit them to have actual-time obtain to their company Neighborhood Observe knowledge and far more easily determine regions of vulnerability.


Tyler Sherman, President of Motivity Remedies included, The NW-Insight technological innovation gives loan companies taking part in FHA and Ginnie Mae programs with a mixture of easy-to-use internet-based mostly reports to keep track of loan performance and characteristics that discover and observe default developments inside of an specific organization. The marketing agreement gives Loan providers A single customers with entry to NW-Insight at a discounted price. We are pleased to supply this modern item to support them handle the FHA compliance of their organizations and the organizations they do business with.”&#13

# # #


About The Collingwood Team &#thirteen

The Collingwood Group ( is a Washington, DC-based business advisory agency targeted on expanding clientele companies, advertising earnings growth and rising investment returns. The company is led by Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. The firms other founders have held management positions in other corporations in the monetary providers business, which includes the GSEs. Collingwoods skills spans all aspects of Agency, non-Agency and FHA/VA housing financing plans and Ginnie Mae securitization pursuits, amongst other people.


About Motivity Remedies&#13

Motivity Options is the award-profitable creator of enterprise intelligence technologies for the home loan and economic services industries. Its innovative, industry top Movation Enterprise Intelligence Platform provides accurate enterprise intelligence into the mortgage loan approach by way of functionality driving solutions. Motivitys organization intelligence application elevates the success of mortgage loan banking firms by establishing a performance-pushed, self-aggressive, accountable and self-compliant company culture. It generates a greater knowing of a companys performance with real-time scorecards, dashboards and dynamic reporting abilities. Founded in 2006, Motivity Answer is positioned in Denver, CO. For far more details, you should pay a visit to or get in touch with (800) 411-5541.


About Lenders 1 Home loan Cooperative&#thirteen

Creditors A single ( was recognized in 2000 as a countrywide alliance of independent house loan bankers, correspondent creditors and suppliers of house loan goods and services. Users of the St. Louis-based mostly system originated much more than $ 106 billion in home loans in 2011, collectively position as a single of the biggest retail mortgage origination entities in the U.S. The Lenders 1 cooperative, now much more than 240 financial institution customers sturdy, is managed by a subsidiary of Altisource Portfolio Options S.A. (NASDAQ: ASPS).


Connected Securitization Press Releases