Streamlining Banking Services with New "Earnix banking V8"

By CIOReview | Thursday, May 5, 2016

FREMONT, CA: Earnix, a provider of comprehensive customer analytics solutions for financial services has recently announced the demonstration of its innovative banking solution. The new solution is expected to serve banking executives by delivering advanced customer analytics with a self-service interface by allowing full alignment of product and pricing strategies with the bank’s business objectives.

Earnix banking V8 solution comprises of two separate interfaces; one is a business-user interface for decision makers in the bank, the other one is a predictive modeling engine for data scientists. Bankers with the help of Earnix can predict the outcomes for the decisions they make, also prescribe best course of action required for corporate goals and market dynamics. Besides the decision making process the Earnix real-time execution platform operates and deploys all these pricing strategies through all the channels of the bank. The new “Earnix banking V8” solution will be displayed in FinovateSpring 2016.

“Finovate is a premier FinTech conference and we feel privileged to have been selected to demo our banking solution,” commented Aviv Cohen, Earnix VP of Marketing. ”As digital banking proliferates, bankers are looking for technological solutions that can transform their corporate data assets into better and more informed decisions. Earnix’s cutting edge banking technology fundamentally changes the way banks make strategic product and pricing decisions.”

Earnix equipped with new level of insight, banks and insurance companies can better match offers and prices to current and future market demand. The company’s solution also helps collaboration among business and analytical stakeholders, with respect to market changes. According to the current regulatory and business requirements, risk and demand modeling can be combined into a single platform. The Earnix enterprise architecture provides real-time connectivity to operational systems, and analytic-driven decisions to every point of customer interaction. There are many other companies those provide banking analytics solution but who will win the race is yet to be seen.