Zafin announced today the divestiture of its capital markets business, FINCAD, to Numerix. Effectively immediately, FINCAD’s products, services, employees and business assets, have transitioned to Numerix.
“The decision to divest the FINCAD entity enables Zafin to focus on our core competencies, which further strengthens our position in the market,” said Al Karim Somji, founder and group CEO of Zafin. “In turn, it allows us to better serve our global customers, which will ultimately drive growth and innovation as they modernize and transform their businesses with Zafin’s product and pricing SaaS platform.”
To read more, please read Numerix’s official opens in a new windowpress release here.
About Zafin:
Zafin, the global leader in SaaS cloud-native product and pricing solutions, is a trusted partner to the world’s most customer-centric financial institutions. Zafin’s product and pricing platform empowers banks of all sizes to center their customers, grow relationships and drive revenues.
The Zafin platform separates product and pricing from core processing to accelerate progressive modernization, enabling digital transformation and deliver personalization at the relationship level.
A typical Zafin installation integrates easily with most back-end systems and customer-facing channels to increase product and pricing efficiency and agility, drive interest and non-interest income, and deliver a positive ROI—often in one year or less. To learn more, please visit: https://zafin.com
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