Country for PR: United States
Contributor: PR Newswire New York
Tuesday, November 24 2020 - 00:04
AsiaNet
Brilliance Financial Technology Launches DPX
NEW YORK, Nov. 23, 2020 /PRNewswire-AsiaNet/ --

-- Next Generation Real Time Digital Pricing and Profitability Management for 
Banks 

Brilliance Financial Technology (bxfin.com), the world's leading digital 
pricing and profitability system provider for banks, has announced the release 
of DPX, an integrated solution that uniquely combines Pricing, Rates & Product, 
and Profitability Management. This solution transforms the way profitability is 
managed in corporate and institutional, commercial, and business banking.

DPX gives banks new state-of-the-art capabilities to grow profits in real time:

    - Pricing Management: AI/ML technology that helps banks structure and 
      price deals to optimize customer relationship profit. 

    - Rates & Product Management: Enables banks to dynamically create and 
      modify rates, products, business rules, fees, and costs and distribute 
      changes to the front line with no delays. 

    - Profitability Management: Provides a real-time comprehensive view of 
      past and forecasted profitability at the relationship and portfolio 
      level, making active monitoring and management of profit a reality.

"DPX makes banks more profitable, equipping them with the tools to modernize 
their processes," says Brilliance President and CEO, Jean-Edouard van Praet. 
"Given today's interest rate environment, banks need a new way to improve 
financial performance. Digitizing to improve efficiency only gets them 
partially there. DPX empowers banks to fundamentally revamp operations in key 
areas that impact profit. It integrates deal pricing, rates and product, and 
profitability management tools to drive holistic portfolio and relationship 
profitability in real time, delivering increased margins, regulatory 
compliance, operational efficiency, and pricing transparency."

DPX is uniquely tailored to each bank's specific models, products, and 
processes. The cloud-native platform is available as SaaS, on-premise, or 
deployed to the bank's private cloud. 

About Brilliance

Brilliance Financial Technology is the global leader in bank digital pricing 
and profitability solutions. Founded in 2004, the company has delivered its 
solution to banks in 50 countries, servicing over 25,000 relationship managers 
in wholesale, commercial, and business lending at banks of all sizes. The 
company's agile implementation approach helps banks see positive results in 
just weeks. Brilliance Financial Technology is ISO27001 Certified.

SOURCE: Brilliance Financial Technology

CONTACT: bfortuna@hudsoncutler.com