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Brilliance automated relationship pricing solution to be used in Bank of New Zealand's lending divisions.

BANKING AND CREDIT NEWS-August 12, 2019-Brilliance automated relationship pricing solution to be used in Bank of New Zealand's lending divisions

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Brilliance Financial Technology, a global provider of providing end-to-end digital pricing and intelligence, has announced a deal with Bank of New Zealand (BNZ) to implement Brilliance's industry-leading deal management and relationship pricing solution, DealPoint, the company said.

DealPoint will support BNZ's business lending and cross-sell products, as well as BNZ's proprietary pricing models and pricing approvals processes across the bank's Corporate and Institutional Banking and Business Banking divisions.

DealPoint automates and optimizes dynamic pricing and is the only solution tailored to each bank's unique pricing models and processes. It digitizes and streamlines the pricing processes, pre-populating pricing and customer relationship information, and guides relationship managers through deal structuring. The solution applies business intelligence, generating real-time management reporting, analytics, and AI/machine learning, for smarter, faster decision-making.

The solution allows banks to optimally price at the enterprise level across products, regions, and lines of business, tailoring pricing by customer, segment, and industry.

Brilliance Financial Technology is a global provider of providing end-to-end digital pricing and intelligence, enabling the world's banks to optimize operations. As the provider of risk-based pricing and customer profitability systems, Brilliance enables banks to make smarter decisions, faster.

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Publication:M2 Banking & Credit News (BCN)
Date:Aug 12, 2019
Words:229
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