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In a tough business climate of ever-evolving challenges, increasing customer value is key not only to growth but to survival. For financial services firms, greater customer-centricity means creating innovative products and pricing strategies, capturing new revenue streams, and optimising digital channels – all the while proactively managing risk, maximising operational agility, and instituting margin controls.
These can all be achieved through the adoption of a comprehensive revenue management and business assurance solution. Managing revenue and risks, however, should be viewed not as a mere tactical operation.