Amdocs Product & Pricing Catalog
by Amdocs
Modernizes and accelerates financial services product management and more.
Amdocs Product & Pricing Catalog helps financial institutions decouple product and pricing from core systems across single or multiple business lines.
The Catalog’s no-code approach to product management modernizes financial services from the core to the customer by enabling innovation and personalization.
Business managers can
explore unlimited product possibilities as they launch and manage product
propositions themselves. Embedded compliance supports your standards within a
dynamic product management process.
Amdocs engineered the Catalog
with the recognition that the real value of core modernisation is often derived
from the transformation of the entire value chain. That’s especially true when
it comes to product-related process, like pricing and promotions, that may be
scattered across lines of businesses. With the Catalog, you gain modern
capabilities to define pricing and an execution engine that handles complex
interest calculation including backdating, corrections, negative interest, and settlement.
The Catalog also empowers you
to create and launch promotions that reach across lines of business and take
advantage of personalization to increase conversions.
The Catalog includes enterprise subscription and marketplace management, helping financial service providers to capitalize on the open finance opportunity. The Subscription Marketplace enables you to develop a revenue-generating partner ecosystem. Subscription management furthers the revenue opportunity by letting you bundle third-party services into product propositions.
The Amdocs Product & Pricing Catalog includes:
· Product Catalog – Empower business users with drag-and-drop tools for centralized and flexible product management and governance.
· Pricing – Manage rates and fees with a no-code approach.
· Billing and Charging – Bypass the core as you simplify pricing execution, interest calculation, and settlement.
· Subscription Marketplace – Grow revenue with partnerships and bundles thanks to seamless subscription management, onboarding, and integration of third-party subscription services.
Adopting a centralized product and pricing approach helps modernize existing legacy cores, reduce migration risk, and enables banks to provide their clients with innovative product propositions at speed while ensuring regulatory compliance and product governance.
Amdocs
is a trusted partner to the world’s leading financial, communications, and
media services companies. Product
lifecycle management and pricing has been a central element of Amdocs’ global
business for decades. It sits as a central component of many of our most
valuable customer relationships today.