SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Financial Services Pricing

Low-cost demands spurring managed futures evolution | Pensions & Investments

Low-cost demands spurring managed futures evolution | Pensions & Investments

Demand for lower fees and customization is pushing the small cadre of institutional systematic trend-followers to offer more affordable versions of their flagship strategies. Competition for institutional investor assets is fierce in the managed futures market — widely accepted as the most commoditized in the hedge fund industry — with intense price competition between old-school […]

Aldermore pledges ‘no dual pricing’ in broker service overhaul | Mortgage Strategy

Aldermore pledges ‘no dual pricing’ in broker service overhaul | Mortgage Strategy

Aldermore has set out new broker service promises, including guarantees of no dual pricing whether customers go direct or through brokers. The lender promises brokers dedicated contacts, including assigning a specialist underwriting contact to each residential and buy-to-let case. Aldermore has also pledged transparent service, involving sharing its current underwriting process and case timescales every […]

FCA orders Admiral to contact customers over renewal pricing blunder | Insurance Times

FCA orders Admiral to contact customers over renewal pricing blunder | Insurance Times

In a statement today the regulator said: “Admiral has agreed with the FCA to contact affected customers who renewed their policies after 1 April 2017, who may have received inaccurate information. “The FCA is currently assessing firms’ implementation of these rules to ensure that firms are giving customers clear and fair disclosure on their renewal […]

The Race to Find the Next Insurance Credit Score (or How, Maybe, to Reinvent P/C Insurance Pricing) | Insurance Blog

The Race to Find the Next Insurance Credit Score (or How, Maybe, to Reinvent P/C Insurance Pricing) | Insurance Blog

The race is on to find the next insurance credit score—and the winners (if there are winners) will gain a pricing (and underwriting) edge. There are only two requirements to enter in this race. You have to forget about all the kinds of data and information that insurers have been using to price and underwrite […]

Insurers now pricing more accurately, thanks to IoT | Insurance Business

Insurers now pricing more accurately, thanks to IoT | Insurance Business

Thanks to technologies related to the Internet of Things (IoT), assumptions and bases for pricing are now changing. “As new IoT technologies increasingly move into the mainstream, insurers are able to collect and analyse data to more accurately price premiums, helping them to protect the assets they insure and enabling more efficient assessment of damages […]

Deposit insurance in India: Why risk-based pricing model must be introduced | The Financial Express

Deposit insurance in India: Why risk-based pricing model must be introduced | The Financial Express

The global financial crisis underscored the importance of having a robust deposit insurance system (DIS) for the banking system across the world. A 2014 IMF paper estimated that nearly 112 countries (59% of 189 countries covered in the study) had a DIS. It was in 2008, that Australia and New Zealand introduced guarantees for the […]

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Pricing power is something shareholders crave. Smaller banks such as Bendigo Bank will get a lift from the tax. Photo: Brendan Esposito It refers to a firm’s ability to set prices for the goods and services in the market – to be a “price maker” – rather than to have them dictated by the forces of competition (being […]

Why Old Pricing Models Are Unethical | CPA Trendlines

Why Old Pricing Models Are Unethical | CPA Trendlines

I personally feel that pricing by the hour in arrears is an unethical way to price. Here’s why: When you price by the hour you are not incentivized to be as efficient as possible and get the job done super-fast. In fact, you are directly incentivized to do the task slower. You are incentivized to […]

Unconstrained fixed income sector a ‘pricing shambles’: research | IPE

Unconstrained fixed income sector a ‘pricing shambles’: research | IPE

Pricing in the increasingly popular unconstrained fixed income sector is a “shambles”, according to consultancy bfinance. It said there was “premium pricing confusion”, with fees highly dispersed around a 48bps median and little correlation between prices and the nature of the strategies, such as the amount of risk or the proportion of different types of […]

Mortgage Loan Pricing Optimization for Building Societies | FICO

Mortgage Loan Pricing Optimization for Building Societies | FICO

One of the hottest analytic technologies in mortgage lending is price optimization. This is the application of advanced analytics to pricing strategies, in order to determine the ideal price for every customer that maximizes profitability, given factors such as take-up, affordability, etc. That’s great for banks, but what about building societies and credit unions? If […]