Core finance products
CompuPrice - Billing and pricing system
CompuPrice system addresses this challenge - it is a unified centralized flexible tool to define cross products,
lines of businesses and services prices and bundles.
CompuPrice is a tool, which supports better matching of pricing schemas to customers segments or to a
The system is designed according to the latest Technology trends – SOA approach which requires a set of
standard services that will return a rate or a price.
Prices can be specified for each bank product or service according to the customer pricing attributes.
Those schemas are updated up to the last minute according to the customer performance indicators.
The system consists of a rule engine that monitors each transaction and updates customer performance indicators.
Pre-defined rules affect the customer pricing schemas immediately.
CompuPrice consists of a set of pricing services :
* Exchange rates
* Fees & charges (including taxes)
* Indexes selection
Billing services consist of :
* Fees calculations
* Foreign currency calculation
* Linkage differential calculations
CompuPrice system can be installed in 2 versions :
Light installation - including B&P system only assuming customers' details, users, authorization exist in
the core system and can be interfaced.
Full installation - including all the infrastructure modules such as customer details, users, authorization etc.
CompuPrice characteristics and advantages
* One centralized and unified mechanism.
* Multidimensional comprehensive solution –supports Fees, Interest, Exchange rates and indexes.
* Dynamic – match prices to customer performance in real time.
* Supports complicated marketing strategies.
* Flexible and modular – can interface to complementary products such as prices optimizations
packages and credit rating solutions.
* CompuPrice is a customer centric system- it will enable banks improving the matching of prices to
customers segments or to each specific customer.
* According to his assets and liabilities and/or to other performance indicators thus extending
customers life cycle and avoiding churn.
* CompuPrice will improve the bank competitiveness by shortening time to market of new
products and Services.
* CompuPrice will reduce costs by avoiding errors and manual corrections.
* CompuPrice will support marketing campaigns.
* CompuPrice will support identifying loss centers.
* CompuPrice will energize profit centers.
* Object Oriented design and programming
* Thin Client.
* Operating system- win/ Unix
* Batch processes - Visual C/C++
* Will be developed in web interface - websphere
* Stored programs
* Data Base- DB2/Oracle
* Rule base –AMIT (IBM)
* Report generator – IBM -Cognos (or any other)
* OLAP - Power Play – IBM- Cognos
* Multi Currency
* Multi Language
* Multi Bank
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