Revenue Performance Monitor℠ from Fiserv provides banks with the valuable perspective and actionable recommendations they need to improve retail revenue performance.
Retail bankers face increased pressure to close gaps in revenue performance while balancing positive account growth. At the same time, regulation and the national economy impact revenue, necessitating strategic shifts — and probing questions. Is your account retention better or worse than other institutions? Are you making as much interchange revenue as other banks? Are you more generous than other institutions about waiving fees?
Revenue Performance Monitor, an industry-leading tool from Fiserv, is effective for assessing current deposit performance trends at both the bank and industry levels. Our unique process of non-public data collection ensures trends and analyses represent the timeliest perspective possible, providing banks with accurate, up-to-date information on a full range of revenue metrics, industry benchmarks, trends and case studies.
Revenue Performance Monitor is also a one-of-a-kind opportunity. It uses actual bank data, meticulously parsed to ensure accurate comparisons. It is focused exclusively on all the major pillars of retail revenue and, more importantly, the behaviors that drive them. Over the years, account transactions and behaviors are similar from one bank to the next. Magnitudes of revenue earned per account may differ, but the underlying activities that drive revenue are remarkably consistent across institutions. The majority of our participant banks are greater than $50 billion in assets, with a significant number of featured banks having between $10 billion and $40 billion. Collectively, the participants represent more than 15 percent of U.S. deposit assets.
- Provides a multilayered perspective for financial institutions, spanning shareholder value, executive level insight across business lines and strategy validation
- Offers a holistic view of the retail bank and customer relationship
- Delivers metrics depicting how behaviors drive segments of retail revenue
- Showcases behaviors in the proper context to provide valuable insight
- Highlights how performance baselines will emerge and evolve