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Use Case
Governance

Prepare for LIBOR Replacement

Challenge

For many banks, a wide range of customer rates are indexed to LIBOR. For many of these same banks, internal rate management is decentralized and in some cases manual. This structure and these processes will significantly complicate required remediations associated with LIBOR’s impending retirement.

Solution

Centralized and automate calculation and distribution of internally managed rates.

Result

Use Zafin’s product and pricing platform to ingest external indices, calculate base rates for each line of business based on defined rules, customize pricing for customers based upon key customer attributes, and execute end-to-end pricing automatically, while creating a comprehensive, accurate data trail for audit and regulatory purposes.