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Zafin Unveils New Pricing and Governance Solution for Corporate Banking

Zafin Unveils New Pricing and Governance Solution for Corporate Banking

In the words of Adam Nanjee, SVP for Digital Banking at Zafin, today’s announcement on the launch of Zafin Client Offer Management is the product of “fifteen years of domain expertise and collaboration” with the company’s clients and partners. “We are proud to release another avenue for our corporate banking clients to drive more revenue, create operational efficiencies, and expedite digital deployments,” Nanjee said.

Designed for Relationship Managers at Tier 1 banks, Zafin Client Offer Management enables them to test and analyze “what-if” pricing models in real-time without needing technical expertise or IT involvement. The cloud-based platform automates manual, often spreadsheet-based processes and works seamlessly with legacy banking systems to create efficiencies and reduce costs for banks.

Adam Nanjee, Zafin SVP for Digital Banking, demonstrating miRevenue Enterprise Banking Platform.

“Zafin’s platform is trusted by several Tier 1 corporate banks to enhance revenue and service their clients effectively,” Dinesh Krishnan, MD of Global Product Development at Zafin said, adding that the platform has been designed “from the ground up to suit the needs of our corporate banking clients.” Client Offer Manager, which helps FIs ensure profitability by linking pricing to specific performance metrics, is currently deployed with a Tier 1 bank, according to Zafin’s announcement.

Founded in 2002, Zafin demonstrated its miRevenue Enterprise Banking platform at FinovateFall 2017. Earlier this year, the company was a finalist for PwC’s Vision to Reality Innovator of the Year competition. Headquartered in Toronto, Ontario, Canada, and with offices around the world, Zafin’s global banking customers include HSBC, Barclays, Standard Chartered, TD, and National Bank of Abu Dhabi.  The company has raised $30 million in total funding and includes Vistara Capital Partners, Kayne Partners, and Kayne Anderson Capital Advisors among its investors.