Risk and compliance

Reduce risk and simplify compliance

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

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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

Increase transparency

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Lower operational risk

100%

Digitization led to millions of dollars saved for a US tier 1 bank

Lower operational risk

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 our banking experts to see how Zafin can help you minimize risk and simplify compliance using its AI-powered platform.