company profile - Zafin Labs

Zafin Labs logo
Headquarters
1200 - 20 Bay Street, Toronto, Canada
Telephone: +001 (613) 216-2504
 
Company information
Founded in 2002, Zafin Labs is a pure play pricing and billing solutions provider for banks and financial institutions. Our flagship product, the miRevenue Solutions Suite, is used by some of the largest and most recognizable financial institutions across the globe, including Barclays, Standard Chartered, and SEB to name a few. All of our client implementations to date have been successful, delivered on time and budget, and this has led to our 100% endorsement rate.

As a trusted multi-currency and multi-geography solution, miRevenue is now live, in production, or in planned roll-out in more than 40 countries across four continents. miRevenue has been plugging revenue leakage, pricing the total value of relationships, and reducing time-to-market for new banking products and bundles since 2005. miRevenue serves all financial and banking lines of business including Retail Banking, Corporate Banking, Wealth Management, Private Banking, Cards and Loyalty, and Insurance.
Products and services
miRevenue Solutions Suite miRevenue was purpose-built to address the needs of the world's leading banks. Our innovative products enable quick product creation, dynamic relationship pricing, product bundling, revenue enhancement and loyalty management. Using miRevenue our clients can find revenue leakage, quickly market new products, test potential product changes against historical data and much more - enabling top line revenue growth and bottom line savings.

As a component-based system, miRevenue can be deployed incrementally to suit any specific business need or environment. No matter what deployment approach is chosen, miRevenue can easily scale to address future business needs.

miRevenue has successfully integrated with all core banking systems regardless of infrastructure and supports all messaging formats. It can be run in real-time, on-demand, or batch mode, and supports custom interfaces with bespoke systems. As an SOA, miRevenue can operate with Full Straight Through Processing (STP) with no manual intervention. Moreover, miRevenue supports configuration of complex client hierarchies and billing and invoicing requirements.
Web: More about: miRevenue Solutions Suite
miPricing miPricing enables innovative product manufacturing, relationship-based pricing, and customer-centric billing capabilities. As a rules-based pricing engine and core product catalogue, miPricing's simplicity belies its usefulness as a full-service pricing tool. The product catalogue, which consists of granular, user-defined data in the form of policies, products and packages, means that miPricing can receive any input while producing output that enables true relationship-based pricing models including RAROC. Web: More about: miPricing
miBilling miBilling provides a comprehensive platform for configuring billing and posting logic including setting up complex billing and statement rules for straight through processing with no manual intervention. As a completely flexible and configurable product that supports service-oriented architecture (SOA), miBilling allows a bank to streamline its billing processes into one centralized platform. Web: More about: miBilling
miLoyalty miLoyalty provides a single platform to enable end to end enterprise loyalty based strategies. This allows banks to store, track and manage points contribution at multiple levels. miLoyalty also allows the creation of standard templates which can be reused by business users to launch new programs without reliance on IT teams. Its flexibility is notable as any transaction as part of the contribution rules including support for multiple algorithms like percentage, flat, tiered. Web: More about: miLoyalty
miEarnings miEarnings delivers simulation and reporting capabilities to enhance product manufacturing. This module allows product managers to test the effects of new product pricing strategies on segment revenues, costs and profitability. Based on this analysis the product manager can then create multiple price models to compare potential outcomes, test package and bundling scenarios, as well as run historical or synthetic analyses based on past transactions. Web: More about: miEarnings
Entry updates

If you have updates or amendments to make to this page on behalf of your organisation or client, please send an email to contact@finextra.com.

White papers
The price of loyalty 29 Mar 2012
Solution source Search by company, product or key word