Montran Launches Advanced Central Securities Depository in Central Bank of Kosovo

Montran, a leading provider of payment management solutions, has officially announced the successful launch of its state-of-the-art Central Securities Depository (CSD) at the Central Bank of Kosovo. This modern technological infrastructure consolidates the management of dematerialized financial instruments and is fully integrated with Montran’s Real-Time Gross Settlement (RTGS) system.

The newly established centralized system enhances operational efficiency and offers improved interoperability and automation, along with expanded collateral management capabilities. It also features a user-friendly interface and comprehensive data reporting tools that benefit both the bank and its various stakeholders.

Ms. Shkendije Nahi, the Director of Asset Management and Reserves at the Central Bank of Kosovo, expressed a positive outlook, stating that Montran has proven to be an outstanding partner dedicated to meeting their needs. Following the deployment of the new CSD, the central bank has already noticed favorable impacts and is excited about further enhancements tailored to improve customer experiences.

This cutting-edge CSD solution supports primary issuance, custody services, secondary trading, automated corporate actions, collateral management, and various other functionalities. Its enhanced features, along with better integration into existing systems, will allow the Central Bank of Kosovo to offer innovative services and scale its operations effectively.

Mr. Keith Esca, the European Business Director at Montran, commented on the significance of this development, noting, "We are honored to extend the infrastructure of Kosovo's financial market with Montran's critical capital markets solutions. The CSD system enables the central bank to optimize processes and unlock valuable advantages for the entire financial market by seamlessly integrating into the payment market infrastructure through Montran’s solutions."

Following the successful launch, Montran will continue to collaborate closely with the Central Bank of Kosovo, providing ongoing maintenance, support, and future enhancements to ensure the system meets evolving needs.

About Montran

Montran is a premier provider of payment management and capital market infrastructure solutions, serving leading financial institutions around the world with critical installations in over 80 countries. More information can be found at www.montran.com.

About the Central Bank of the Republic of Kosovo

The Central Bank of the Republic of Kosovo (CBK) is the primary institution responsible for maintaining financial stability, ensuring a secure and efficient payment system, promoting economic growth, and guaranteeing a healthy and resilient financial sector in Kosovo. More details can be found at https://bqk-kos.org/.