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Taking a risk on pricing: why your service value isn't just about the day 1 price tag

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Taking a risk on pricing: why your service value isn't just about the day 1 price tag

A customer-first model demands alignment between what clients pay and the value they receive.

What does your pricing model say about you? With a third of UK-based wealth managers using 10 or more technology systems day-to-day, and 86% relying on at least four, proving your value in the fintech space has never been harder.

Trust, transparency and outcomes

With shifting client expectations for fully digitised financial services and a changing regulatory landscape, it's harder than ever to tell which technology platforms are worth the investment. Trust, transparency and outcomes matter more than ever — and the traditional software & change-delivery model of charging high upfront fees is losing relevance.

When clients invest in a service, they're buying outcomes. It's only right they want to see alignment between what they're paying and the value they receive — and that's hard to do when you're asking for a massive investment on day one.

Why we went outcome-based

That's why we decided to be bold in the way we price our services at Optifi. Instead of charging high upfront fees on the promise of certain deliverables, we've adopted an outcome-based pricing model. Our clients' problems are ours to solve — and we only reap the rewards of a pricing uplift once we've proved our value. We're invested in our clients' success, and we win when they win.

The unexpected upsides

Trust: risk-sharing means we're more connected to our clients' success and it naturally builds more resilient relationships.

Innovation: when there's more on the line for us to prove our value, we work harder to problem-solve — and the team gets to think creatively.

Confidence: our team has had to prove the value of our service time and again, so everyone can be confident Optifi is a robust solution to transform operations and improve customer experience.

Morale: this model places the delivery and operational risk on us, so there's no better feeling than when we deliver a meaningful win for a client.

Putting our money where our mouth is

Peter Drucker once said: "A product is not quality because it is hard to make and costs a lot of money… customers pay only for what is of use to them and gives them value."

At Optifi, our pricing model might seem risky — but when you trust your product and know it delivers a 12% capacity uplift on day one, it's easy to put your money where your mouth is.

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