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Use Case
Core Modernization

Replace or Modernize a Bank’s Core Systems

Challenge

Legacy core systems inhibit banks’ flexibility around delivering new and compelling value propositions for customers: driving up costs for basic business-as-usual functions; slowing time to market for new value propositions; limiting banks’ ability to create personalized experiences; and inhibiting connectivity to broader fintech ecosystems. However, "big bang" core system replacements are expensive, time-consuming and risky.

Solution

Progressively modernize bank systems, taking a phased approach that reduces cost, time and risk associated with a complete core replacement and accelerates creation of new customer experiences that generate economic value.

Result

Externalize product and pricing information from legacy cores into Zafin's platform, thereby simplifying core systems to focus on their strengths: scalable, resilient and predictable transaction processing. Dramatically increase flexibility to execute new customer-centric go-to-market strategies.

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