Built on the principle of hyper-flexibility, the Pricing Engine (PE) works in the background to allow you to use any pricing rule you need.

• No need for custom development
• No need to update core infrastructure
• No need to learn a new workflow

Core upgrade projects are expensive and slow, stopping your ability to implement new pricing solutions efficiently.

The Pricing Engine is designed to work across core systems, whichever tool you currently use, allowing access to advanced pricing opportunities without the need to update your core or learn  new workflows and interfaces.

We envision a world where a modern core system is served by an ecosystem of micro services, all communicating seamlessly with each other to simplify your processes. Our vision is to create tomorrow’s decoupled core ecosystem, replacing the monoliths of years gone by without the risk involved in a big bang core replacement. The Pricing Engine is the first step on this journey toward a flexible and robust future in core banking technology.

• Your business users can modify pricing rules quickly and efficiently - eliminating the frustration of waiting for IT resources while market opportunities slip away.
• No more expensive development cycles for minor adjustments - what used to require full development teams now takes a few clicks.
• Your pricing strategy finally moves at the speed of your business - respond to competitive pressure, regulatory changes, and market shifts instantly.

• 10ms response times regardless of transaction volume - your customers never wait, your business never slows down.
• Automatic scaling means you only pay for what you use - no more over-provisioning expensive infrastructure "just in case".
• Your existing core banking systems breathe easier - offload complex pricing calculations and reduce system strain.

• Works with ANY core banking system - whether legacy, modern, or hybrid environments.
• Seamless integration without disrupting operations - implement alongside your existing systems without migration headaches.
• Future-proof your pricing capabilities - when you eventually upgrade your core, your pricing rules come with you unchanged.

• Business teams become self-sufficient - IT stops being the bottleneck for pricing innovation.
• Your CIO delivers quick wins that impress the board - show tangible results in quarters, not years.
• Eliminate the "it can't be done" conversations - suddenly every pricing idea becomes technically feasible.
• Free up development resources for core strategic projects - stop wasting talent on routine pricing modifications.

The PricingEngine allows users to easily collect and calculate data by simply setting the necessary conditions within the Object Updater. No additional coding requirements are needed.

Collecting and calculating values are requirements for behavioral or dynamic pricing, where you want to set certain “behavioral” conditions for a price, such as number of transactions per month, number of accounts, accumulated value of transactions (even across multiple accounts), etc.

Example: Setting the conditions to automatically add the value of a new card transaction to the total card transaction volume (in order to set tiered prices based on transaction volume).

The Pricing Engine allows you to create complex condition formulas using logic familiar to you from Excel. Within the Pricing Templates, you have unlimited flexibility to combine multiple criteria and events in the same pricing formula, allowing you to create complex bundle pricing across multiple products combined with behavioural conditions.

This configuration also allows Business Analysts to create and launch new pricing formulas directly, without the need for IT resources.

Example: Setting the account maintenance fee to 0(free) if the pricing date is within 12 months of account opening date (new account promotion).