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Montran Launches Modern Central Securities Depository in Kosovo

Montran, a leader in payment infrastructure and capital market solutions, has proudly announced the successful introduction of its latest Central Securities Depository (CSD) system at the Central Bank of Kosovo. This initiative marks a significant step in the evolution of financial services within the region, integrating advanced technology into the management of dematerialized financial instruments.

The newly implemented CSD is fully integrated with Montran’s Real-Time Gross Settlement (RTGS) system, alongside features that support bulk settlement capabilities. This centralization not only streamlines operations but also enhances the bank's overall efficiency, interoperability, and automation. With user-friendly interfaces and effective data reporting tools, the system is designed to meet the growing demands of the financial market.

Shkendije Nahi, Director of Asset and Reserve Management at the Central Bank of Kosovo, remarked on the partnership with Montran, stating, "From day one, Montran has been an outstanding partner, demonstrating a genuine commitment to fulfilling our needs. The deployment of the new CSD has had a positive impact, enabling us to better respond to the requirements of our clients and stakeholders."

The CSD offers a wide array of functionalities that include primary issuance, custody services, secondary trading, automated business processes, collateral management, and much more. Its advanced features and better integration with existing systems empower the Central Bank of Kosovo to enhance its service offerings and expand operations in the capital market sector.

Keith Esca, European Sales Director at Montran, emphasized the importance of this development, saying, "We are honored to extend the financial market infrastructure of the Republic of Kosovo with our critical capital market solution. Our CSD allows the central bank to optimize its processes and harness significant advantages for the entire financial market. This is made possible through seamless integration with Montran's payment market infrastructure operating in Kosovo."

Following this successful deployment, Montran will continue to work closely with the Central Bank of Kosovo, providing ongoing maintenance, support, and future enhancements to ensure the sustainability and efficacy of the new system.

About Montran

Montran is a premier provider of payment infrastructure and capital market solutions, offering services to leading financial institutions in over 80 countries worldwide. For further details, visit Montran’s website.

About the Central Bank of Kosovo

The Central Bank of Kosovo (CBK) plays a crucial role in maintaining financial stability, supporting a safe and efficient payment system, and fostering economic growth. More information can be found on their official site.