Consolidated Rate Management & Distribution

Challenge

A Tier 1 North American bank distributed rate pricing data for product origination from various end-user computing solutions (e.g., Microsoft Excel). The value chain across treasury and product management to the channels was fragmented, resulting in elevated liquidity and operational risk exposure and costs. Considerable resources were dedicated to reconciliation, complaint handling and responding to risk and compliance-related inquiries. 

Zafin platform enabled:

• Enterprise source for treasury, money market, mortgage, deposits and investment product information
• Precise segmentation for rate products
• APIs both for digital client experiences as well as the remainder of the internal ecosystem

Resulting in:

• Market responsive and fully digitized management and distribution of rates
• Granular substantiation of rate pricing to comply with regulatory guidelines
• Reduced liquidity and operational risk exposure