Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships

Rhea-AI Summary

Q2 Holdings (NYSE:QTWO) announced its new Premium Treasury Pricing solution, enhancing relationship pricing for financial institutions. This solution integrates into the existing Q2 PrecisionLender platform, aiming to support banks and credit unions in optimizing deal structures and increasing profitability.

The launch addresses the need for financial institutions to improve fee income, particularly in a market where reliance on net interest income is decreasing. By facilitating collaboration among treasury and deposit teams, Q2 Premium Treasury Pricing aims to maximize revenue opportunities and drive overall profitability.

Key features include a comprehensive approach to relationship pricing and deal structuring, positioning institutions to better manage the commercial banking relationship.

Positive

• Introduction of Q2 Premium Treasury Pricing, enhancing customer relationship management and profitability.
• Addresses the need for financial institutions to increase fee income and reduce reliance on net interest income.
• Supports collaboration between treasury and deposit teams, maximizing revenue opportunities.

Negative

• None.

The unified treasury pricing and relationship profitability solution designed for treasury officers delivers a seamless experience across business units

AUSTIN, Texas--(BUSINESS WIRE)-- Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced Q2 Premium Treasury Pricing, a unified relationship pricing and profitability module of Q2 PrecisionLender to help financial institutions win the entire banking relationship with their clients. The solution replaces conventional pro forma tools to deliver a comprehensive approach to relationship pricing and deal structuring for relationship managers and treasury officers within Q2 PrecisionLender.

“In today’s market, financial institutions of all sizes need to generate more fee income in order to reduce their reliance on net interest income, but historically, banks and credit unions have struggled with the collaboration between business units needed to optimize the deal structures for commercial customers,” said Dallas Wells, SVP of Product Management, Q2. “Q2’s Premium Treasury Pricing solution helps drive deposits and fee income by bringing treasury and deposit teams into the conversation when it matters most – in the beginning.”

With a lack of guidance around pricing methodology and a minimal understanding of cross-sell potential within customer relationships, many financial institutions undervalue treasury services and, in turn, fail to maximize revenue opportunities with customers. Q2 Premium Treasury Pricing helps position financial institutions to win the entire commercial banking relationship by introducing a collaborative approach to deal structuring that ultimately drives primacy, profitability and efficiency.

“Q2 PrecisionLender continues to help us on our journey to make more informed decisions with our customers,” said Andy Max, Senior Director of Data Enablement for FNBO. “Including Treasury Services in their pricing offering paired with a robust Treasury roadmap is something our teams are very excited about.”

Q2 PrecisionLender, including Q2 Premium Treasury Pricing, is a part of Q2 Catalyst, a suite of best-in-class commercial banking solutions, and supports Q2’s strategic approach to innovation. The solution will empower deal team members with the technology needed to win and grow client relationships.

Learn more about Q2 PrecisionLender and Q2 Premium Treasury Pricing.

Q2 Catalyst Website: https://www.q2.com/commercial

Nacha 2023 Smarter Faster Payments Annual Conference: Visit us at Booth #437, Las Vegas, NV, April 16 – 19. Learn more about the event here.

Q2 Sessions at Nacha:

• “On Track, On Time, and Onboard: Improve Your Business Onboarding With Digital” – Sunday, April 16 from 3:10 – 4:00 p.m. PDT
• Demo Presentation: Modernizing B2B Payments with the Instant Payment Rails – Monday, April 17 from 9:20 – 9:50 a.m. PDT
• “An Unbeatable Pair: FIs and Fintechs Play a Winning Hand with Consumers” – Monday, April 17 from 4:40 – 5:30 p.m. PDT
• “Big Opportunities in Micro and Small Business Banking” – Monday, April 17 from 2:50 – 3:40 p.m. PDT

About Q2 Holdings, Inc.

Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies in the U.S. and internationally. With comprehensive end-to-end solution sets, Q2 enables its partners to provide cohesive, secure, data-driven experiences to every account holder–from consumer to small business and corporate. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230413005542/en/

Carly Baker

Q2 Holdings, Inc.

+1 210-391-1706

Carly.baker@q2.com

Source: Q2 Holdings, Inc.

FAQ

What is Q2 Holdings' new Premium Treasury Pricing solution?

Q2 Holdings' Premium Treasury Pricing solution enhances relationship pricing for financial institutions by integrating with Q2 PrecisionLender.

How does Q2 Premium Treasury Pricing help banks?

It helps banks optimize deal structures and increase profitability by fostering collaboration between treasury and deposit teams.

What is the significance of the launch of Premium Treasury Pricing for Q2 Holdings?

The launch is significant as it addresses the increasing need for financial institutions to generate more fee income in a changing market.

What financial challenges does Q2's new solution address?

It addresses the challenge of reliance on net interest income, supporting institutions in maximizing revenue opportunities.