New tool allows banks to monitor customer, product profitability.

PositionNew Products - Bancography

A software reporting tool that helps financial institutions manage product pricing, build cross-sell and retention strategies and understand which customers and products are contributing to the institution's income has been introduced by Bancography, Birmingham, Ala. The product is called Bancography Profitability Monitor.

The product provides:

* Rankings of all products and services by total and average profit contribution.

* A complete income statement for each product, including margin, fees, transaction costs, and origination and servicing costs.

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