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Iberiabank selects Novantas’ platform to manage deposits

Published 27 January 2017

Novantas announced that Iberiabank has selected Novantas’ PriceTek its platform to manage deposits throughout their growing footprint.

PriceTek will help the bank’s retail banking and treasury teams to grow and manage long-tenured, low-cost core deposits with enhanced analytics capabilities.

Iberiabank Deposit and Product Management senior vice president Becky Spinnato said: “Iberiabank is committed to delivering best-in-class service to all our clients.

“With the support of Novantas’ PriceTek solution, we are successfully advancing our analytic power to assess better ways of meeting deposit client needs through product strategies, pricing strategies, M&A, marketing campaigns, and distribution strategies. Novantas’ PriceTek solution is an integrated data source that allows all our teams to leverage the same analytics and enhance our ability to meet customer needs.

“We are excited about this partnership and the potential we see to profitably grow core deposits now, and in the future.”

Novantas Solutions EVP and head Darryl Demos said: “We’re thrilled to have Iberiabank in the PriceTek family. Working from an integrated data and analytics source is crucial in today’s dynamic banking landscape. PriceTek delivers this capability by bringing together a community and fostering a common language for deposits across an organization. We are happy to support Iberiabank as they embark upon this journey.”

Source: Company Press Release