Silicon Valley fintech firm Nomis Solutions opens R&D facility in Beachwood

Silicon Valley’s Nomis Solutions has planted a flag in Northeast Ohio with a new R&D facility it’s now running in Beachwood.

Nomis, founded in 2004 and based in San Bruno, Calif., bills itself as an “innovative fintech company focused on ensuring on-going value creation for the world’s smartest financial institutions.” It uses big data to provide pricing advisory services to financial services clients via mathematical models that are used by banks to optimally price rates for deposits and loans.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Jeremy Nobile.

Originally published September 10, 2019.