List of Nomis Price Optimizer Customers
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Since 2010, our global team of researchers has been studying Nomis Price Optimizer customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Nomis Price Optimizer for Price Optimization from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Nomis Price Optimizer for Price Optimization include: Royal Bank of Canada, a Canada based Banking and Financial Services organisation with 94369 employees and revenues of $45.53 billion, Bank of Montreal, a Canada based Banking and Financial Services organisation with 53597 employees and revenues of $25.19 billion, Lloyds Banking Group, a United Kingdom based Banking and Financial Services organisation with 61228 employees and revenues of $24.18 billion and many others.
Contact us if you need a completed and verified list of companies using Nomis Price Optimizer, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Nomis Price Optimizer customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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Bank of Montreal | Banking and Financial Services | 53597 | $25.2B | Canada | Nomis Solutions | Nomis Price Optimizer | Price Optimization | 2008 | n/a | In 2008, Bank of Montreal selected Nomis Price Optimizer to implement pricing optimization for originations and retention. The engagement targeted personal and indirect lending in Canada, and Nomis Price Optimizer was chosen to deliver Price Optimization capabilities into the bank's lending workflows. Nomis announced BMO would deploy its first set of optimized rates in early 2009, indicating a phased rollout from model calibration to publishing production rates. Implemented capabilities focused on rate optimization for new originations and customer retention, with configuration oriented toward segmentation, automated optimized rate generation, and portfolio-level pricing decision support consistent with Price Optimization applications. The vendor communication emphasized moving optimized rate outputs into operational pricing rather than remaining as standalone analytics. Operational scope was concentrated on Canadian retail lending channels, impacting lending origination, retention pricing, and portfolio management functions. Governance and rollout were structured to translate model outputs into published rate schedules and to support portfolio-level pricing decision making. The engagement was intended to increase pricing agility and improve portfolio-level pricing decisions according to the vendor announcement. | |
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Lloyds Banking Group | Banking and Financial Services | 61228 | $24.2B | United Kingdom | Nomis Solutions | Nomis Price Optimizer | Price Optimization | 2005 | n/a | In 2005 Lloyds Banking Group implemented Nomis Price Optimizer within its UK retail lending operations to strengthen personal-loan pricing and enable more refined customer segmentation. Nomis Price Optimizer is a Price Optimization application that was provisioned to formalize pricing decisioning and enforce pricing governance across retail lending product teams. The deployment emphasized pricing analytics and customer segmentation capabilities, configuring rules-based price decisioning, scenario-driven price modeling and structured approval workflows common to Price Optimization solutions. Configuration work focused on embedding segmentation logic into pricing bands and operationalizing price change processes for personal loan portfolios. Rollout covered UK retail lending and personal loans pricing functions, with governance changes to pricing approval and documentation that supported regulatory transparency. The implementation dates to the mid-2000s and Nomis reported improved process discipline, enhanced segmentation and better regulatory transparency as outcomes of the Nomis Price Optimizer deployment. | |
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Royal Bank of Canada | Banking and Financial Services | 94369 | $45.5B | Canada | Nomis Solutions | Nomis Price Optimizer | Price Optimization | 2008 | n/a | In 2008 Royal Bank of Canada purchased Nomis Price Optimizer to apply price optimization across multiple lines of business and to support a customer-centric pricing approach in Canadian retail banking. The purchase was described as intended to help RBC better execute on customer-centric pricing and to quickly identify growth opportunities, with rollouts and broader use expected within a year of purchase. Nomis Price Optimizer was positioned to provide core Price Optimization capabilities including pricing analytics, customer segmentation and elasticity modelling, scenario analysis and rule-based repricing workflows. The Nomis Price Optimizer implementation focused on centralizing pricing decisioning and enabling pricing teams to evaluate product level price strategies, consistent with typical Price Optimization functional modules. Operational scope targeted Canadian retail banking and multiple lines of business within RBC, with the initial engagement driving adoption by pricing and product management functions. The rollout plan included phased deployment and broader use within a year, accompanied by governance to operationalize customer-centric pricing policies and to embed new pricing workflows across affected business units. The engagement narrative emphasizes Royal Bank of Canada Nomis Price Optimizer Price Optimization customer-centric pricing alignment and accelerated opportunity identification as the primary business intent, with structured rollouts planned to transition capabilities into ongoing pricing governance and operational practice. |
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