Product Innovation – Five Keys to Unlock Success

Getting products to market fast is critical to winning customers. Driving down trading costs is central to product economics. Real time pricing and effective risk management are vital for responding to volatile markets.

Collaboration in product development, managing complex market and product information, and brand protection: all are facets of an agile extended enterprise.The new product landscape demands a new way of thinking. There are plenty of innovative solutions and ideas in practice to reflect on.

Here are five business activities where product innovation meets business change head on:

• Product pricing and risk management design
• Risk management and real time pricing
• Developing e-trading operating models
• Product life cycle management (PLM)
• Capital adequacy

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