Shamal expressed his enthusiasm for joining Nomis, sharing, “I am excited to join Nomis to lead its engineering organization, many exciting initiatives, and ultimately, build on a culture of excellence that drives customer value. I aim to amplify the great work already being done and to help our team to reach even greater heights.”

The post Nomis Solutions Hires Ananta Shamal as VP, Head of Engineering appeared first on STG.

Celent’s analysis situates this development within the broader industry context, where historically low interest rates have driven banks to compete primarily on price in the lending space. However, the recent rise in interest rates has shifted the focus towards the pressing issue of deposit acquisition and retention. As banks adapt to this new reality, the need for robust price optimization capabilities has never been greater.

For over 20 years, Nomis has been at the forefront of the price optimization sector, consistently innovating to meet the needs of financial institutions. Our expanded suite of solutions now spans the entire financial lifecycle, encompassing price optimization, price and offer management, and deal management. While our offerings cater to both lending and deposits, the current industry focus on deposits has driven rapid expansion of our deposit analytics and optimization capabilities. Celent’s brief underscores this trend, noting, “…in the short term, interest in new price optimization capabilities is likely to be strongest on the deposits side of the business, where investment in analytics capabilities is generally much weaker for many institutions, given the prolonged period of ultra-low interest rates. Nomis does offer a particularly interesting solution here, offering relatively ready-to-go flow-of-funds and optimization capabilities.”

The post Celent Highlights Nomis Solutions’ Advanced Price Optimization and Offer Management Platform in New Solution Brief appeared first on STG.

West joined Nomis in February 2024 as a consultant, focused on advancing the company’s solutions for deposits analytics and optimization. His deep understanding and practical application of modern, innovative price modeling and analytics practices led to his selection as Chief Analytics Officer. In this role, West will spearhead the development of a centralized analytics organization, collaborating closely with Nomis’ services team on customer engagements and the company’s product organization to drive innovation and best position Nomis to capitalize on a rapidly evolving data and analytics environment.

“Nomis is dedicated to delivering the financial services industry’s premier pricing analytics solutions, and Wes is a key addition to our team,” said Greg Demas, CEO of Nomis Solutions. “His extensive experience in deposit and loan pricing at leading banks and technology firms aligns perfectly with our vision. We are thrilled to welcome him as Chief Analytics Officer.”

The post Nomis Solutions Appoints Wes West as Chief Analytics Officer to Accelerate Pricing Analytics Innovation appeared first on STG.

“We are thrilled to introduce Greg Demas as the new CEO of Nomis,” said Marc Bala, Managing Director at STG and Chairman of Nomis. “Greg has been instrumental in ushering in a new stage of growth at Nomis over the past 17 months. His entrepreneurial style, customer centric passion, and proven experience in driving innovation uniquely qualifies him to successfully lead Nomis into the future.”

The post Nomis Solutions Appoints Greg Demas as Chief Executive Officer appeared first on STG.

“Dan brings a wealth of experience and a diverse track record of success to our leadership team.  His ability to think creatively and communicate effectively, coupled with a profound understanding of how to create value for financial institutions, make him an ideal fit for Nomis.  We are thrilled to have him leading our Go To Market organization,” said Greg Demas, president of Nomis Solutions.

“I am thrilled to join an organization that has deep experience in leveraging data and insights to increase customer satisfaction and loyalty,” said Mercurio. “The financial services industry has a unique opportunity to drive additional personalization across rates, offers, and rewards, and I look forward to leading Nomis’ efforts to connect our solutions with the needs of the industry to create meaningful customer and business outcomes.”

The post Nomis Names Dan Mercurio as Global Head of Sales appeared first on STG.

“Amy is a recognized leader in software services who understands the needs of customers, employees, and investors. She is a passionate customer advocate, and we’re excited to have her as a member of our leadership team,” said Greg Demas, president of Nomis Solutions.

“In this stage of Nomis’ growth, there is a tremendous opportunity to leverage our industry expertise to provide consultative guidance to our client base and bring new service offerings and capabilities to market. Client-first strategies are key to doing so effectively,” said Chase. “Throughout my career, I’ve been an internal champion for the customer’s voice, and I look forward to continuing that effort at Nomis to ensure our client’s needs remain at the forefront of our strategy.”

The post Nomis Solutions selects Amy Chase as Senior Vice President of Services appeared first on STG.

“The consumer banking industry is at a point where in-branch and digital channel experiences are no longer the best opportunity for differentiation,” said Greg Demas, president of Nomis Solutions.

“It’s our belief that customer-centric pricing is the most important aspect of banking, and the optimal way for Financial Institutions to deliver a differentiated value proposition to their customers. Nomis has been the consumer banking industry’s leader in this space for over twenty years, and we continue to be at the front of the innovation curve.”

The post Nomis Solutions Featured in Tech Demo Super Session at Consumer Bankers Association Conference in Las Vegas March 27-29 appeared first on STG.

Over the last 10 years, Bant has held several leadership positions within Nomis. Most recently, Bant was the vice president of consulting for the Canada region. In this role, he oversaw Nomis’ Canadian client senior relationships and solution engagements to ensure Nomis’ clients’ continued success. After six years of success in this role, Bant has transitioned to Head of Client Relations for Canada.

“John is extremely respected amongst Canadian financial services firms for his market knowledge and his knack for listening and helping customers achieve their objectives,” said Greg Demas, president of Nomis Solutions. “He is deeply rooted in Nomis’ history and serves as a model for what a customer-first mentality looks like. We are thrilled to have him lead client relations across the Canadian financial services market and look forward to what he can achieve in this elevated role.”

The post Nomis Elevates Johnathan Bant to Head of Client Relations for Canadian Financial Services Market appeared first on STG.

Nomis Solutions, a STG portfolio company and the leading provider of pricing and profitability management solutions for banks and mortgage lenders, today announced that it has selected Greg Demas as the organization’s next President. Demas, who currently serves as Global Head of Sales at Q2 (NYSE:QTWO), a provider of cloud-based digital banking solutions, will join Nomis effective July 11, 2022.

Demas joins Nomis with 17 years of experience in the commercial and retail banking and financial software sectors. As Global Head of Sales for Q2, he led its Enterprise business in North America along with its operations in APAC and EMEA. Prior to Q2, Demas was Head of Sales for PrecisionLender, a provider of SaaS based pricing and profitability management solutions for commercial and corporate banks. He has also held leadership roles at JPMorgan and Popular Bank, the latter of which he served as Head of Strategy and Transformation.

“I am very pleased to welcome Greg to Nomis,” said Frank Rohde, Nomis Executive Chairman. “His background in banking, pricing, and enterprise software make him a uniquely qualified fit to help lead Nomis in its next chapter.”

“We are thrilled to introduce Greg as the new President of Nomis,” said Marc Bala, Nomis Board Member and Managing Director at STG. “Greg’s entrepreneurial style, strong client focus, global experience and a proven track record in the banking technology sector uniquely qualifies him to successfully execute Nomis’s ambitious market expansion plans.”

“I’m honored and grateful for the opportunity to lead this exceptional organization of talented professionals.” said Demas. “Nomis offers a leading SaaS based solution, delivered by experts whose sole focus is to help financial institutions across the world achieve optimal pricing and profitability outcomes. This is a terrific opportunity and I look forward to building on the strong foundation we already have in place.”

The post STG-backed Nomis Solutions hires Greg Demas as President appeared first on STG.

“For more than a decade, Moneythink has been focused on the economic justice issues of college affordability and high student debt, and I’ve been witness to the favorable impact it has on an individual’s financial health and success,” said Frank Rohde, president and CEO of Nomis Solutions. “Nomis strives to contribute to a larger goal of financial prosperity and stability for generations to come and looks forward to a long partnership with Moneythink as we both work toward that objective.”

The post Nomis Solutions forges strategic alliance with ed-tech non-profit Moneythink appeared first on STG.