SunTec launches price management system for financial firms

SunTec Business Solutions today announced the launch of restructured products as part of its TBMS-F suite, at the SIBOS 2005 exhibition taking place in Copenhagen.

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The products announced within the TBMS-F suite are: TBMS-F Price, the high-performance transaction pricing engine; TBMS-F Bill, the integrated fee billing and customer management solution; TBMS-F Mediate, the rule-driven engine for enterprise data extraction, transformation and loading; TBMS-F Settle, a product for managing external revenue sharing and internal transfer pricing, TBMS-F Correlate, an event correlation engine, and TBMS-F Workflow, an enterprise-wide workflow and process automation solution.

"The TBMS-F suite is an end-to-end value management tool that helps financial institutions to shift to a fee based direct revenue model, empowering them with relationship-based pricing and billing capability. The suite will help our clients manage end-to-end information flow at the product, customer and partner levels," said Mr. Nanda Kumar, CEO, SunTec.

SunTec's TBMS-F has several installations across the globe. Some of them are HSBC Group (UK), ING Bank (The Netherlands), Lloyds TSB (UK), ICICI Bank (India) and SEI Investments (USA).

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