After years of record profits, banks are now facing a new reality with falling interest rates squeezing their traditional revenue streams. To address this, AQRISK Banking Solutions and Simon-Kucher have formed a strategic partnership to help banks optimize their revenue models, identify new growth opportunities and navigate a lower-margin market.
Simon-Kucher will act as an implementation partner, ensuring a smooth onboarding and introduction of the AQOPTIMIZER platform, while providing the highest level of consulting. By leveraging AQOPTIMIZER's advanced features, Simon-Kucher will further help customers gain business-optimizing insights, simulate the impact of price changes and other strategic decisions; and develop data-driven strategies to maximize customers' financial performance.
AQRISK's advanced banking optimization platform, AQOPTIMIZER, combined with Simon-Kucher's expertise in pricing and growth strategies, offers banks a data-driven approach to strengthen their competitiveness and profitability.
Banks' profits have historically been closely linked to their interest margins. With the prospect of falling interest rates in 2025 and increased competition in lending and savings products, it is crucial for financial institutions to find new and optimized ways to create value.
Simon-Kucher is recognized as a global leader in pricing and growth strategies and by combining their expertise and advice with AQOPTIMIZER's advanced financial modeling capabilities, customers gain access to:
Morten Virenfeldt, CEO and founder of AQRISK Banking Solutions, says:
“Partnering with Simon-Kucher is an important step for AQRISK Banking Solutions. Their leading expertise in pricing and revenue optimization, combined with our advanced optimization platform, creates a strong synergy that will deliver even greater value to our customers. Together we set a new high standard for financial optimization and strategic growth in banks.”
Morten Kaae Sørensen, Partner and Head of Financial Services Nordics at Simon-Kucher, adds:
"When interest rates fall, the banks that understand their pricing and customers best will be the strongest. Together with AQRISK, we can help banks deliver targeted, data-driven solutions that optimize both revenue and customer experience."
The partnership between AQRISK Banking Solutions and Simon-Kucher gives banks in the Nordics and Baltics the tools they need to meet future challenges. With advanced technology and strategic advice, banks can strengthen their market position - even in times of economic pressure.
Supporting global growth
The partnership further supports AQRISK Banking Solutions' international expansion plans. As AQRISK continues to expand its international customer base, Simon-Kucher's extensive presence and implementation expertise will ensure a consistent and high-quality experience for banks in the Nordics and Baltics.
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About AQRISK Banking Solutions
AQRISK Banking Solutions is a specialized software company that helps banks optimize their strategic objectives and financial decisions. By combining deep customer insights and advanced tools, they create solutions that enable banks to be proactive, data-driven and strategically strong.
AQRISK Banking Solutions was founded in 2015 and today counts a handful of external investors, including Klaus Holse, Lars Sjøgren and Peter Colsted. The Management team consists of Morten Virenfeldt (Founder & CEO), Peder Boysen (COO) and Esge Räder (CCO).
About Simon-Kucher:
Simon-Kucher is a global consulting firm specializing in growth strategies, pricing, sales and marketing. Founded in 1985, the company is head quartered in Bonn, Germany, and has offices in many countries, including Denmark. The company helps companies optimize their revenue models and profit potential, and is known for its expertise in pricing strategy and is often referred to as “the world's leading pricing advisor”. Operating in over 30 countries, they combine deep industry insight with analytical rigor to deliver tailored solutions.
