Released on: October 8, 2007, 3:57 am

Press Release Author: Prabodh Darvekar - Chief Marketing Officer - Zafin Labs

Industry:

Press Release Summary: LogicaCMG announces a partnership with Zafin Labs On Boston,
October 08, 2007

Press Release Body: LogicaCMG, a major international force in IT and business
services, today announces a partnership with Zafin Labs, a leading provider to the
financial services market of billing, pricing and packaging solutions, to provide
Zafin Labs miRevenue product across Europe.

The implementation of Zafin Labs product miRevenue enables financial services
providers to dramatically improve their revenue management, increase cross-selling
and improve time to market. In one single implementation at a major Indian Bank,
miRevenue delivered substantial benefits for relationship managers servicing more
than 10 million retail accounts.

The Payments Services Directive (PSD) and the Single Euro Payments Area (SEPA) has
increased competition among banks in Europe. LogicaCMG believes that banks can turn
regulatory pressure into a competitive advantage through better client service and
improved product management. SEPA and PSD compliancy not only forces banks into cost
and pricing transparency, it also opens up an opportunity for new approaches to
product management, pricing and billing.

miRevenue has been recognized by the reputable trade magazine \"The Banker\" for best
technical global retail solution 2007.

As part of the partnership, LogicaCMG and Zafin Labs intend to develop a joint
European Centre of Excellence which will initially focus on clients in the
Netherlands.

Chris Galenkamp, Sales & Marketing Director of LogicaCMG in the Netherlands,
commented: \"We are pleased to have finalized this partnership with Zafin Labs.
Together we will deliver an integrated solution for our clients, enabling them to
compete in the new European financial landscape, comply with regulation and have a
stable and effective operational revenue management environment.\"

Mr. Al Karim Somji - CEO of Zafin Labs said, \"There is growing recognition by
analysts and clients of the need for modern and robust approaches to product and
market management. Working with LogicaCMG gives our joint clients a comprehensive
approach to delivering business benefits in terms of revenue management and market
optimization.\"

About Zafin Labs:

Zafin Labs provides solutions that enable "Customer Centricity" with a focus on
revenue generation and recognition, catering exclusively to global financial service
providers. Zafin Labs\' miRevenue product suite enables one to one customization,
dynamic relationship pricing and revenue capture with complete transparency and
compliance, along with the tools for product and relationship life cycle management.
Zafin Labs has offices in Toronto, Canada; London, UK; Berlin, Germany; Dubai, UAE;
Singapore and Mumbai and Trivandrum in India.

Please visit us at www.Zafinlabs.com


Web Site: http://www.zafinlabs.com

Contact Details: Visit www.Zafinlabs.com