The Earnix Technology
Is your organization working with technology that fully supports your pricing, rating, and personalization needs? Are you leveraging world-class data science, best in class analytical modeling tools, and machine learning capabilities? The best technology infrastructure is required to personalize complex financial products – in order to increase customer satisfaction and improve business results.
Technology that Supports Innovation
Earnix has been consistently innovating for Banks and Insurers around the globe for over 18 years, pioneering methods to solve the most complex pricing and personalization challenges in Financial Services. To provide the level of innovation that our clients require, it is imperative that we work with best-in-class technologies. Earnix is a SaaS company that leverages leading technologies such as Amazon Web Services, Python, H2O, and DataRobot – to solve these challenges.
Best in Class Technology Provides Confidence and Control
Making the right pricing strategy decisions and delivering the right offer to the right person at the right time is based on analytical decision models, as opposed to business rules, Excel spreadsheets, or gut feel. Predictive and Prescriptive analytical techniques such as modeling, forecasting, optimization, decision trees, and neural networks all play a part. With the confidence and control that come with advanced analytics, decisions can be made, governed and acted upon quickly and efficiently, resulting in higher product uptake while staying aligned with your pricing strategy and business goals.
BUSINESS BENEFITS OF BETTER SCIENCE
AUTOMATION AND SYSTEMIZATION
Earnix technology provides the ability to create and reuse processes in an automated manner – from strategy creation to deployment. The result is time and cost savings that other pricing and product personalization software doesn’t provide.
INSIGHT BACKED BY ANALYTICS
With accurate insight coming from world-class data science, analytical modeling, and integrated machine learning, the most complex business challenges can be addressed.
TIME TO MARKET
The Earnix technology enables shorter time to market of pricing and personalization projects. Earnix real-time capabilities enables these insights to be delivered to customer interaction channels in milliseconds.
SCALABILITY AND PERFORMANCE
The Earnix 3D Personalization Suite runs on Amazon Web Services, which provides the security, scalability, availability, and performance that financial institutions require. REST API functionality enables Earnix offers to be delivered to online channels with real-time speed.
GOVERNANCE AND CONTROL
Earnix is an end-to-end system that operates as one solution, and not a conglomeration of products.
Structuring technology in this manner, versus a series of integrations, allows for total control over the pricing, personalization, feedback, monitoring, and governance processes.
TECHNOLOGY IN OPERATION – OUR LATEST TECHNOLOGICAL ADVANCEMENTS
Open Source Integration
The best technology platforms are open and integrate well with other best in class providers. The Earnix 3D Personalization Suite integrates with open source technologies such as H2O and Python and machine learning platforms such as DataRobot.
Innovative Technology for Advanced Organizations
Earnix Labs, a method to deliver innovative new features in beta to Earnix users, has recently been introduced to speed analytical advancement at leading Insurance and Banking Institutions. These innovative new features simplify once complex and difficult to solve business challenges around personalization in banking as well as personalization in insurance.
Hybrid Technologies Deliver the Best of Both Worlds
Get the transparency and predictability of classic generalized linear models with the flexibility and automation of machine learning models via Earnix Hybrid Modeling capabilities. Hybrid modeling joins predictive modelling insurance technologies with predictive modelling banking technologies and infuses the latest in machine learning innovation.
Built-in Data Management
No need to rely on external data manipulation, ELT, or data preprocessing tools. No requirement to perform lengthy data file conversions either – in order to make your analytics work. With Earnix, you can import data, transform it, and prepare it for analytical modeling and optimization in just a few clicks with our built-in data management module.
Monitor Competitor and Market Movement
Being able to simulate the effects of changes to price and product offerings for better decision support is only valuable in you can monitor their success. Earnix has enhanced the technology of monitoring and dynamically altering pricing strategy deployments to the marketplace for improved business results – through new features like rank optimization and dynamic price tuning.
Embedded Reporting Engines
External Business Intelligence tools are not needed when working with Earnix. Our embedded reporting engines create the necessary reports in the formats you need directly from the product interface. You can select a variety of graph types and export options with ease.
New at Earnix
Earnix Price-it Rating Engine Brochure
Read about the Earnix Price-it capabilities as a product pricing engine for insurers around the world.Learn more
Our Latest Blog
Blog: What to Expect: Fed Responds to Corona with Emergency Rate CutsRead now
Check out where you can meet Earnix in the coming months.Schedule a meeting