Translating information into profitability
Our expertise stems from a honed approach to developing and implementing strategies that improve the profitability of our clients’ products and services. Our success becomes your success, as we identify opportunities that have been unexplored in your business model.
A Profit Technologies Financial Services engagement is a highly detailed analysis of all income and expense components of a financial institution’s products. We review product structures, pricing routines, operational system parameters, operational procedures, and transaction processing. Clients often find the product of this analysis to be revelatory: We provide insight and recommendations that may have been missed when reviewed from within.
Financial Services engagements may be expanded to include:
- Portfolio Diagnostics – Investigative portfolio analysis, coupled with established strategic and risk mitigation solutions
- Legislative & Policy Analysis – Industry-leading guidance on existing and pending legislation and regulations changing the financial services landscape
- Exception Processing practices and criteria
- Distribution channel management (ACT, ATM, Debit Card, Bill Pay)
- Overdraft Fee Analysis
- Deposit Operations
- Savings, CD’s, MMA and Sweep Accounts
- Interest and Non-Interest Expense
- Retail lending and LOC strategies
- Service Charge Waiver Management Programs
- System Parameter and Master File Audits
What can a PTC engagement look like?
Financial Services engagements can be effective in a review of any transaction-intensive product: