Identifying Problems and Solutions is all well and good, but in today’s highly competitive market, where every dollar counts and where everybody is competing for budget allocations, we need to identify some clear and tangible benefits. With CHOICE, the list could be pretty long, but some clear, highlighted benefits are described below. If you’d like to learn more about additional benefits of working with CHOICE, don’t hesitate to contact us.
For Your Institution
Decrease the time-to-market of new products by 90% and cost-to-market by a similar amount. Using CHOICE’s simple design wizard no hard coding or IT intervention is needed for new products.
Expand your deposit product range economically by adding new solutions that cater to specific segments and needs. A nearly infinite number of deposit product ideas are supported by CHOICE. If a product can be defined as cash flows and events, it can be built with our design wizard.
Reduce your funding cost by shifting attention from purely rates to other product features that cannot be shopped to other banks.
For Your Customers
Improved customer experience with the use of intuitive and compelling interactive sales tools, dynamic interest return calculators and personalized disclosure documents. Saving has never been more transparent and easy to understand.
Ability to personalize certain attributes of a deposit account to meet specific savings or spending needs. Build in personal liquidity definitions, select a minimum guaranteed rate of interest, choose a level of market participation, and more…all with principal guaranteed*.
Get rewarded for loyalty to the bank with dynamic deposit account pricing that increases as loyalty increases through the life of the deposit.