Risk and compliance
Reduce risk and simplify compliance
Reduce operational risk and ease the burden of restrictive compliance standards by streamlining processes, centralizing control and reducing costs
The problem
Banks face growing challenges from increasingly complex operations and a rapidly evolving regulatory environment. These issues impede innovation, extend implementation timelines and drive up operational costs.
Our solution
Achieve scale by unifying product and pricing information into a single platform, eliminating fragmented operations and compliance processes. Zafin Product & Pricing also enhances auditability, traceability and improves transparency.
Enhance auditability and traceability
Ensure visibility and accountability with detailed audit trails and automated reporting
Automatically generate detailed reports on changes and approvals, streamlining audit reviews and reducing manual effort
Track user actions and approvals with detailed records
Facilitate efficient cross-department communication making compliance information easily accessible to relevant stakeholders
Increase transparency
Achieve full transparency across all operations with centralized data and accessible information
Maintain a single source of truth for all pricing information, accessible by relevant stakeholders
Provide clear justification for pricing decisions, ensuring quick and informed responses to customer or regulatory inquiries
Keep a record of all changes for easy reference and accountability
Lower operational risk
100%
Digitization led to millions of dollars saved for a US tier 1 bank
Minimize errors and enhance reliability by standardizing processes and integrating seamlessly with existing systems
Implement consistent templates and processes for product and pricing, minimizing the risk of errors
Ensure smooth connections with existing banking systems, reducing the chance of data discrepancies and operational risks
Enforce rigorous access controls and user permissions to prevent unauthorized changes and enhance security
Reduce manual errors by automating key tasks, resulting in fewer write-offs and greater efficiency
Connect with us
Talk to of our our industry experts to see how Zafin can help you improve your business agility.
