“Deposits are the core of every bank or credit union’s franchise,” said Allen. “The financial institutions that can develop a disciplined and data-driven approach to deposit management will continue to outperform their peer institutions in both cost of funds management and in deposit share of wallet.”
The Nomis Deposits Platform solves for the whole deposit pricing process so that banks can optimize deposit performance through in-depth analytics, scalable real-time price execution, and fair and consistent salesforce behavior — every day and for every transaction. For deposit portfolios around the world, the Nomis Deposits Platform enables a more personalized, relevant, in-the-moment experience for banking customers and ensures ongoing value creation in today’s dynamic market.
The addition of Allen to the team is part of Nomis’ leadership role in enabling financial institutions to take a more scientific and technology-supported approach to asset and liability management, and thereby to better engage with their customers and build enduring, profitable relationships. To learn more about Nomis Deposit Solutions, request a complimentary assessment.
“I’m thrilled to have Dustin on board. His combination of deposits expertise, banking, and technology leadership is the perfect fit for Nomis. As a practitioner who’s been responsible for deposit performance at several banks, his experience will be directly relevant to our clients and our continued investment roadmap for our deposits platform,” said Frank Rohde, CEO of Nomis.
About Nomis Solutions Nomis is a fast-growing fintech and price optimization pioneer that is enabling the world’s smartest financial institutions to drive sustained, profitable growth through end-to-end customer-centric pricing capabilities. We do so through our market-leading, cloud-native Nomis Platform™ and team of experts, bringing together cutting-edge big data, machine learning, AI and mission-critical software with deep expertise in consumer behavior, pricing and the financial services industry. The Nomis Platform manages over $2.5 trillion in transaction volume, quotes a price every 60 milliseconds, empowers 14,000+ bankers, and generates nearly $800 million in value annually. To learn more, visit www.nomissolutions.com.