Business Daily from THE HINDU group of publications Tuesday, Mar 27, 2007 ePaper |
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Info-Tech
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Software Money & Banking - Financial Services SunTec pricing tool for DBS Our Bureau
Thiruvananthapuram March 26 SunTec Business Solutions, a player in relationship-based pricing and centralised billing solutions, has announced that Singapore-based DBS will deploy its flagship product TBMS-F. This would help DBS, one of the largest financial services groups in Asia, to competitively price and bill its services and boost customer retention and acquisition. "For DBS, we proposed a departmental solution model that could serve as a pilot and be easily extended to its other lines of business," said Mr K. Nanda Kumar, CEO of SunTec. "This is our first venture in the Asia-Pacific banking sector outside India, a promising and highly competitive market. We see good scope for expansion within months, reaching other geographies in the region," Mr Kumar added. Initially, DBS will use TBMS-F to enhance its cash management services. The bank has been examining better ways to serve its customers, through innovative bundling and pricing of its product offerings, tailored to their businesses.
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