Relationship Pricing Product Information Management Core Modernization Quote-to-Cash Community Advantage

Banks recognize the need for core modernization. But risk, expense and timelines are all deterrents.

 

 

Zafin's core modernization solution offers the following benefits:

Rapid payback

Cash Back (Money In Hand)

More rewards with fewer risks

Growth (Bar Graph With Upward Arrow)

Upgrade your experience not just your infrastructure

Trusted Advisor (People Talking)

A systems project that centers customers

Product Systems (Gears In Webpages)

Composable architecture

composable architecture

Discover the better way to modernize.

 

Simplify your core first

  • Externalize product and pricing from core systems
  • Reduce reliance on legacy technology
  • Modernize progressively, delivering value in every release

Reduce risk for one of banking’s riskiest projects

  • Modernize progressively in manageable phases
  • Define and deliver interim wins
  • Decrease reliance on legacy cores

Deliver new customer experiences and economic benefits in six months or less

  • Increase product and pricing agility in the first phase of your program
  • Bring new propositions to market while modernizing
  • Define interim goals with measurable business benefits throughout the project

Zafin’s Core Modernization solution simplifies your core, de-risks your modernization program and delivers rapid payback.

Follow a proven path to near-term ROI.

Solution Components

Product and Pricing Repository

Products

Externalize products and pricing from core systems

Product Lifecycle Management

Keep Current (Circle With Parenthesis In Middle)

Ensure consistent product governance across the bank

Customer Relationship 360

Build Relationships (Handshake)

Comprehensive actionable summary of relationship details

Relationship Rates and Fees

Rates and Fees

Calculate and execute rates and fees consistently and automatically

Relationship Rewards

Offers And Rewards (Person In A Ribbon)

Calculate rewards consistently, automatically and accurately

Scalable Process Execution

Scalability

Consistent, automated execution of all pricing processes

Transparency Data

Transparency (Venn Diagram)

Enable clear and timely explanations of fees, rates and benefits

Security, Service and Audit

Fees

Complete traceability for rates, fees and other benefits

Meaningful Metrics

Finance (Bar Chart On Projector)

Tools to monitor and measure the success of your pricing programs