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Fees & Charges - a SOA compliant, modular, robust and flexible pricing application, which enables relationship based pricing and billing


	Key Product Features:
	Segmentation & Relationship Based Pricing (fee & rewards) empower Banks in customer retention and delivering better service Strategic pricing helps improve bankâ€™s top line Differential pricing based on multiple parameters (account , customer , service etc) can be used for effective channel and service promotion SOA based, flexible and stand alone charging application which can be used as single charging module across the various applications used by banks Facility to have user definable parameters, which can be driven by product, business, customer, services and channel related features Automated pricing ensures managing pricing centrally Rich analytical reports, workflow rules enable prevent revenue leakages Faster bundling of charges/rewards Online charging application can enable the banks to reckon and collect the charges immediately

	Ability to launch creative product bundles with innovative pricing

	"With a decline in the interest income due to shrinking of interest spreads, banks are more focused now than ever before, on generating fee based income to augment their revenues"
	K03.00

Pricing rules on more than 30 attributes across customer, transaction and product