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Brochure-Enterprise_Product_Hub

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www.zafin.com | Enterprise Product Hub Enterprise Product Hub Where can Zafin help? How does Zafin help? As a flexible Product Manager toolkit, Enterprise Product Hub is a single source of product information across product silos and lines of business. It effectively simplifies and streamlines three key product-related functions: Consolidation, management, and distribution. Enhance the sales process. Enable a needs-based selling paradigm with client-centric product offerings. Enable microsegmentation. Tailor products to specific microsegments to support client acquisition, retention and deepening strategies. Increase agility. Enable the product management function to become more nimble and flexible. Source: EY, AT Kearney, Deloitte, Zafin 75% of a bank's IT budget is allocated to maintenance 80% of an average bank's total sales come from 20% of its products $750K+ average cost for a bank to create or change a product average cost per year for a bank to maintain a product $150K+ months to launch a new product or change an existing one 6-9 Reduce opex costs. Simplify product portfolios and significantly reduce product maintenance costs by eliminating product changes in core systems. Reduce time to market. Reduce time to market for new products, from six to nine months to as little as two weeks. Increase revenue. Unlock new sources of revenue from new product innovations. Mitigate conduct risk. Reduce the risk of mis-selling by matching suitable products to eligible clients. Product information is locked in product silos and coded in multiple disparate product systems. Product silos lead to inconsistent product information sent to client-facing channels. Product silos constrain the ability to create product variants, bundles, and propositions without major changes to underlying product systems. Commoditized, "one-size-fits-all" products that do not fully address client wants and needs. Access to centralized product Catalog

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