SunTec signs Nordea to pricing and billing engine

SunTec, the leading provider of Relationship-based Pricing and Enterprise Billing solutions, announced today that they have entered into an agreement with Nordea, Northern Europe's top financial services group, to deploy their Transaction Business Management System for Finance (TBMS-F) product suite.

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TBMS-F, SunTec's flagship product, is built around the concept of Relationship-based Pricing pioneered by them. The Relationship-based Pricing and Centralized Billing platform will enable Nordea to offer flexible pricing schemes and convergent invoices to their customers.

"We are glad to have signed up with Nordea to enable the group to deploy customer-centric pricing and invoicing strategies across their customer base and geographic footprint," said K Nanda Kumar, President and CEO of SunTec. "SunTec's long-standing global experience in deploying dynamic pricing and centralized billing solutions is sure to deliver value to Nordea," he added.

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