SunTec ties up with Nordea

SunTec, the provider of Relationship-based Pricing and Enterprise Billing solutions has entered into an agreement with Nordea, Northern Europe's top financial services group, to deploy Transaction Business Management System for Finance (TBMS-F) product suite.

TBMS-F is built around the concept of Relationship-based Pricing pioneered by SunTec. The Relationship-based Pricing and Centralized Billing platform would enable Nordea to offer flexible pricing schemes and convergent invoices to their customers.

"We are glad to have signed up with Nordea to enable the group to deploy customer-centric pricing and invoicing strategies across their customer base and geographic footprint," said K Nanda Kumar, President and CEO of SunTec. "SunTec's long-standing global experience in deploying dynamic pricing and centralized billing solutions is sure to deliver value to Nordea," he added.