Industry Financial Technology Number of employees 100 (2016) Founded 2002 | Website www.nomissolutions.com Founder Robert L. Phillips Type of business Private | |
 | ||
Founders Robert L. Phillips and Simon Caufield Key people Frank Rohde, Chairman, CEO and President, Robert L. Phillips, Co-Founder and Director, Richard Whittow, CFO and Vice President, Roger Arnemann, Senior Vice President Products and Services, Karen Beale, Senior Vice President of Sales Headquarters San Bruno, California, United States Profiles | ||
Nomis solutions inc demo bai innovation showcase at bai retail delivery 2015
Nomis Solutions is a SaaS company that licenses price-optimization software to banks and other financial service companies worldwide. Founded by Robert Phillips and Simon Caufield in 2002, Nomis Solutions software enables financial service companies to forecast market conditions and set the prices that best help them meet corporate goals. The company provides Big Data customer analytics and advanced modeling to retail banks in order to understand their customers for both lending and deposit products. Nomis Solutions customers have generated over $1 billion in incremental profits. In 2014, Nomis Solutions customers optimized over $1 trillion in banking transactions. Nomis Solutions works with 20 of the top 100 U.S. banks.
Nomis Solutions also calculates a price-sensitivity score that forecasts how different customer segments will respond to prices for different financial service products. Nomis Solutions has worked with companies including Ford Motor Credit Company and Fifth Third Bank.