SINGAPORE – 26 May 2017 – Abacus, Fern Software’s market leading core banking system for inclusive financial institutions worldwide, has been selected by KEP Trust, the largest local microfinance institution in Kosovo with a network of 31 branches, as their new core banking system.
Founded in 1999, KEP Trust’s mission is to improve living standards and support the country’s economic development by providing financial services to individuals, households and businesses, including loans for agriculture, business development, consumer products and home improvements.
”We are delighted to welcome KEP Trust to our international group of users,
“As the leading MFI in Kosovo, KEP has ambitious growth plans. Fern’s unique ability to support customer-centric product design and mobile-enable outreach through a single integrated solution, while also giving KEP the flexibility to be agile and responsive to a rapidly-changing market, will support them in enabling this growth.”
said Debbie Watkins, Managing Director Fern Software APMEA.
“We saw in Fern an experienced and a proven information technology partner,
“This cooperation stems from our aspirations to bring more efficiency to our operation and to explore alternative ways for better serving our micro-clients. We believe, Abacus solution is the right platform for supporting our mission and business objectives.”
said Alket Gradeci, CEO of KEP Trust.
KEP Trust is Fern’s first client in South Eastern Europe, and builds on the growing network of more than 300 Fern installations in 30 countries worldwide.
About KEP Trust
KEP Trust is one of the largest micro finance institutions in Kosovo, which serves its clients with a wide range of financial products and services. Meeting clients’ financial goals as well as building strong continual ties with them is at the center of KEP Trust’s aspiration. In this way it contributes directly in creating jobs, thus giving a great effort in the development of the country’s overall economy. Besides its main center located in Prishtina, KEP Trust has created a network of 31 modern branches all over the country, consequently bringing its services closer to the Kosovo citizens.
Fern Software is a leading provider of banking software for inclusive financial institutions (microfinance institutions, credit unions, SME lenders and development banks). With offices and partner organisations spanning the six continents, Fern Software continues to grow in a number of areas, picking up regional and global awards for our financial solutions and outstanding quality of service.
Fern Software is committed to helping our customers build strong and sustainable businesses while supporting the full participation of lower income households in the financial system. Our goal is helping improve operations, and developing new products that meet client needs, while supporting economic development.
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