Montran's Revolutionary Move in Kosovo
Montran, a leading provider of payment and capital market infrastructure solutions, has proudly announced the successful implementation of its advanced Central Securities Depository (CSD) at the Central Bank of Kosovo (CBK). This state-of-the-art solution streamlines the handling of dematerialized financial instruments and integrates seamlessly with Montran’s Real-Time Gross Settlement System (RTGS), enhanced by collective clearing capabilities.
The new centralized system immediately offers significant advantages, including improved operational efficiency, interoperability, and automation. Users can expect enhanced collateral management capabilities, an intuitive user interface, and robust data reporting tools. Shkendije Nahi, Director of Asset and Reserve Management at the CBK, expressed her satisfaction, stating, "Montran has been an outstanding partner from day one, fully committed to our needs. The introduction of the new CSD has already shown positive impacts, and we are excited to evolve the platform further to better serve our customers and stakeholders."
The newly established CSD supports various functions such as primary issuances, custody services, secondary trading, automated corporate actions, and collateral management. The advanced features allow the CBK to deliver innovative services, thus scaling its operations effectively.
Keith Esca, Montran's European Sales Director, remarked, "We are honored to expand the financial market infrastructure of the Republic of Kosovo with Montran's mission-critical capital market solution. Our CSD enables the CBK to optimize processes and reap substantial benefits for the financial market as a whole, thanks to its seamless integration into Montran's Payments Market Infrastructure operating in Kosovo."
With the successful launch of the CSD, Montran continues its close collaboration with the CBK, providing ongoing maintenance, support services, and future enhancements.
About Montran
Montran stands as a prominent provider of payment and capital market infrastructure solutions, serving top financial institutions around the globe with mission-critical installations and operations in over 80 countries.
For more information, visit
Montran's website.
About the Central Bank of Kosovo
The Central Bank of Kosovo (CBK) is the authority responsible for maintaining financial stability, facilitating a secure and efficient payment system, supporting economic growth, and ensuring a solid and resilient financial sector in Kosovo. Learn more at
CBK's official site.