TBMS-F for Retail Banking
TBMS-F for Retail Banking is a fully automated Relationship-based Pricing and Centralized Billing system designed to meet the end-to-end pricing and billing needs of retail banks. Cutting through product silos across regions, data centers, products and delivery channels, the rule-based engine provides a holistic view of customer-product relationship and enables banks to adopt customer-centric real-time pricing strategies through innovative product packages and differential pricing. Apart from facilitating a single consolidated bill across products reflecting the entire customer relationship, the solution offers modeling capabilities to optimize price plans and packages, and also enhanced management reporting facilities.
Major functionalities of the system include:
- Straight-through processing
- Single point management of packages, prices and promotional schemes attached, and locations where the services are offered
- Pricing based on advanced algorithms like tier, multi-tier and multiple parameters like value, volume, balance, location, overall relationship
- Revenue share and commission computation for dealers, agents and other service partners at different levels of the hierarchy, with adequate reconciliation reports
- Relationship loyalty programs that reward customers based on the entire breadth of product usage and loyalty
- Flexible billing cycles; scheduled and on-demand invoicing