Type Private Products miRevenue Headquarters Vancouver, Canada Motto Powered for Innovation | Industry Banking software Website www.zafin.com Founded 2002 | |
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Services Relationship-based pricing, Product Lifecycle Management | ||
Zafin is a banking software product company. The company is one of a small number of banking software vendors that provide relationship-based pricing and Product Lifecycle Management to banks and financial institutions.
Contents
The company has offices in Canada, USA, UK, Germany, Dubai, Malaysia, South Africa, and India.
Products
Zafin's main product, miRevenue, is used by banks to enable Product and Pricing Lifecycle Management (PPLM - a derivative of Product Lifecycle Management), relationship-based pricing and enterprise billing functionalities.
miCashOptimizer is used by banks with extensive ATM networks to reduce costs associated with physical cash management. Al-Rajhi Bank is a notable client with its network of 2750 ATMs.
Clients
The company's clients include banks and financial institutions such as Standard Chartered Bank, Bank of the West, CIMB, ZKB, Nedbank, HDFC Bank, National Bank of Abu Dhabi and SEB.
Partners
Zafin sells with IT partners including IBM, Silverlake, CGI and Dell Services.
Awards
Zafin won a Technology Award in 2007, courtesy of The Banker magazine for Best Implementation in the Retail Banking Project category. The award represented the first implementation of miRevenue in a bank and was awarded for the retail banking implementation at HDFC Bank.
Zafin was recognized as one of the "Top 10 FinTech Companies to Watch" by American Banker in 2013.
Zafin was listed on the Deloitte Fast 50 and Deloitte Fast 500 lists in 2014. The company experienced 865% revenue growth over the previous five year period
Projects
Zafin completed a customized pricing system for ZKB in 2008. The complexity of the integration, which resulted in allowing ZKB to perform relationship-based pricing for large customers in real time, was featured in an academic text, "Management von Integrationsprojekten: Konzeptionelle Grundlagen und Fallstudien aus fachlicher und IT-Sicht", edited by Dr. Robert Winter of the University of St. Gallen.