DXC partners Toronto-based Zafin on Core Banking Solutions

BFSI News

DXC-partners-Toronto-based-Zafin-on-Core-Banking-Solutions DXC partners Toronto-based Zafin on Core Banking SolutionsDXC Technology, a Tysons, Virginia-based leading independent, end-to-end IT services company, as per recent reports, has announced its core systems partnership with Zafin, a Toronto, Ontario-based leading provider of product and pricing control solutions. The strategic partnership agreement is aimed at closing the gap, bringing in a standard connector that integrates DXC’ Hogan core system, Celeriti’s digital banking front-end, and Zafin’s product and pricing control solutions.

By enabling the Hogan and Celeriti user base to externalize product and pricing control, the tie-up would ensure accelerated speed-to-market for newer solutions, equipped with additional capabilities such as relationship pricing and better control and governance.

Both the Hogan and Celeriti systems have their deriving from the CSC part of the merger with Hewlett-Packard’s (HP) Enterprise Services business that, in Apr. 2017, established DXC Technology. The solutions are now part of DXC Celeriti (CeleritiFinTech until recently) – a DXC subsidiary. The Hogan system, being one of the oldest systems in the market, which was originally developed as a mid- to high-end retail offering during the end of the 70s, has now a fairly small, largely US-centric user base.

According to Phil Walton, Vice-President & General Manager, DXC Celeriti, “We’re always looking for ways to help our clients meet the ever-increasing expectations for personalized banking services. Zafin enhances the relevance, precision, and agility of their pricing strategies.”