Montran Successfully Implements State-of-the-Art Securities Depository System in Kosovo

Montran's Notable Advancement in Kosovo's Banking Sector

In a significant leap for the financial landscape of Kosovo, Montran has unveiled a cutting-edge central securities depository (CSD) system at the Central Bank of Kosovo. This advanced solution aims to modernize the management of non-documentary financial instruments and streamline various banking operations.

The newly implemented CSD system integrates seamlessly with Montran's current real-time gross settlement (RTGS) system, ensuring a cohesive operational framework. One of the standout features of this centralized system is its full compatibility with extensive clearing capabilities, offering immediate benefits such as enhanced operational efficiency, functional interoperability, and automation.

Enhanced Features for Improved Operations
The system also boasts advanced collateral management capabilities and an intuitive user interface, which together provide robust tools for effective reporting. Shkendije Nahi, Director of Asset and Reserve Management at the Central Bank of Kosovo, expressed confidence in Montran, stating, "Montran has been an outstanding partner from day one, demonstrating true commitment to meeting our needs. The deployment of this new CSD system has a positive impact, allowing us to respond better to our clients and stakeholders."

The CSD solution facilitates a variety of essential functions, including primary issuance, custodial services, secondary transactions, automated corporate actions, and collateral management. Its enhanced functionality and improved integration with existing systems empower the Central Bank of Kosovo to offer innovative services while potentially scaling up operations.

A Step Towards Financial Market Enhancement
Keith Esca, Montran's European Sales Director, shared his insights: "It is a great honor for us to expand the financial market infrastructure in the Republic of Kosovo by implementing Montran's solution for critical capital markets. Our CSD system enables the Central Bank to optimize processes, leveraging substantial advantages for the entire financial market through its comprehensive integration with Montran's payment market infrastructure operating in Kosovo."

Following the successful launch of the Montran CSD system, the company maintains close collaboration with the Central Bank of Kosovo to provide ongoing maintenance, support, and future enhancements, ensuring the system remains responsive to evolving market dynamics.

About Montran
Montran stands as a leading provider of payment and capital market infrastructure solutions for prominent financial institutions worldwide, facilitating critical systems and operations across more than 80 countries. For more information, visit Montran's official website.

About the Central Bank of the Republic of Kosovo
The Central Bank of the Republic of Kosovo (CBK) is the principal institution tasked with maintaining financial stability, ensuring a safe and efficient payment system, promoting economic growth, and fostering a healthy and sustainable financial sector in Kosovo. More details can be found at the CBK website.