Centralized pricing and billing systems are quickly becoming the standard for competitive financial services firms and when adopted, are increasing a firm's profitability by reducing revenue leakage and driving out cost through operational efficiency. In order to flourish, it is critical that banks look to plug revenue leakage, rein in costs and enhance the customer experience, while still supporting growing market share.

At this live webcast moderated by American Banker please join Citigroup and Oracle to learn how Citigroup is benefiting from attaining a consolidated customer view along with expanded pricing, billing and collections capabilities by implementing Oracle Revenue Management and Billing.

Topics for discussion include how to:

• Overcome the customer data aggregation issues caused by LOB and geographic silos
• Support relationship based pricing by being able to assign pricing and specific calculation methodologies at any level of a customer hierarchy
• Build out client-centric operations and protect against revenue leakage throughout Prospecting, On Boarding, Transaction Processing, Billing and Recovery, Monitoring and Service Closure
• Aggregate multiple back office systems that currently do pricing and billing
• Speed up the time to connect new products and services to their fee revenue generation potential
• Manage high-volume billing for all market segments
• Increase business agility, reduce costs, and better serve customers

Speakers:

Srinivas Kunigal, SVP, Citibank

Saket Pabby, VP, Oracle

Open up a world of opportunity…up to 35 million more opportunities.

The volatility of the current credit environment has deeply impacted both lenders and consumers alike. Lenders need highly predictive models developed post-recession to take these new realities into account, instead of relying on models that were developed with pre-recession data.

Hear from:
Mark Zandi, Chief Economist of Moody’s Analytics
Sarah Davies, SVP Analytics, Product Management & Research at VantageScore Solutions.

1. Get the latest understanding from Mark Zandi about changed consumer credit behavior post-recession and indicators delivering clues about where the economy is headed.

2. Find out from Sarah Davies how leveraging post-recession consumer data combined with new modeling techniques in the just-released VantageScore 3.0 credit score model delivers up to a 25% predictive improvement among prime and near-prime consumers over earlier models.

3. Gain insights about the risk profiles of the typically unscoreable population, and how to score 30-35 million more consumers with VantageScore 3.0 over other conventional models.

WHEN:
Wednesday, May 22, 2013
10:30am EST/7:30am PST

Mark Zandi Chief Economist, Moody's Analytics

Sarah Davies Senior Vice President, Analytics, Product Management & Research, VantageScore

The financial services industry – and retail banking, in particular – are under pressure from all sides to change. The regulatory environment, the state of the economy, technology developments, and changing consumer demographics are converging to reshape the industry. What will emerge?

Ron Shevlin, Aite Group Senior Analyst, and Brad Jones, Equifax Vice President of Retail Banking Solutions, will discuss:

• What is driving market change? How are better educated and more affluent consumers forcing new demands on the financial services industry? Why is the mobile channel going to have a bigger impact on the industry than the online channel? Return on equity and corporate profitability levels have been inexorably altered, and won’t return to historical levels without radical change to the industry.
• What new trends are impacting the industry? Three changes in the industry will have a profound impact on financial institutions: The rise of NeoChecking accounts (and the decline of checking accounts), the separation of production and distribution (“gold labeling”), and a laser focus on financial performance as the key differentiating factor.
• What role will Big Data play? How will FI’s harness the power of Big Data to uncover new revenue opportunities? What are the emerging data sources and analytics that will drive this insight?