Pricing Analytics
2011
Copyright © 2010 Accenture. All Rights Reserved.
Document Overview
Banking Customer Insight : Pricing Analytics
Title
Description
Sponsors
Developers
Updated
The document briefly describes the concept & methodology adopted in the field of Pricing Analytics
Edwin VanderOuderaa (edwin.vanderouderaa@accenture.com)
John T Mchugh (john.t.mchugh@accenture.com)
Sanjay Ojha(s.ojha@accenture.com)
Gaurav Goyal (gaurav.a.goyal@accenture.com)
Rajat Mawkin (rajat.mawkin@accenture.com)
Anand Premsundar (anand.premsundar@accenture.com)
January 2011
Copyright © 2010 Accenture. All Rights Reserved.
2
Agenda
•
Market Trends
•
Accenture Differentiator
•
Accenture Point of View
•
Analytics Engine
•
Delivery Solution
•
Copyright © 2010 Accenture. All Rights Reserved.
Case Study/Credentials
3
Agenda
•
Market Trends
•
Accenture Differentiator
•
Accenture Point of View
•
Analytics Engine
•
Delivery Solution
•
Copyright © 2010 Accenture. All Rights Reserved.
Case Study/Credentials
4
Advanced Pricing capability is a key success factor for a
Financial Services organization in the current market scenario
Global trends in the market
Credit pricing is a key lever to book new clients while ensuring profitability & optimizing risk level
Importance of pricing optimization
•
Every 1% improvement in…*
…but it is too often priced on risk measurement (with limited estimation of marketing / client potential)
Copyright © 2010 Accenture. All Rights Reserved.
…yields this much in incremental pre-tax contribution per annum
Pricing
$6-7M
Loan Losses
Service pricing based on the fee-based income is a key revenue lever
• Service pricing for the key advisory financial planning/wealth management services accounts for a major portion of the bank‟s revenues. • Service price increase has been used to compensate