Industrial & Commercial Development Corporation (ICDC Kenya) Selects Rubikon Banking System

The Industrial and Commercial Development Corporation (ICDC), an investment arm of the Government of Kenya and one of the leading Development Finance Institutions (DFI) in the region has selected Rubikon Banking System for its operations. A very rigorous process took the corporation over 6 Months to complete and Neptune’s Rubikon came out tops! The project is already started and is expected to be concluded in 12 clear weeks.

While signing up the agreement to install the Integrated Financial and Loans Management Software (IFMLS) to handle their Loans/Credit, Accounting, Procurement, Inventory and Human Capital requirements the Corporations Managing Director Mr. Isaac B. Mogaka said that he and his team were fully satisfied with Rubikon’s ability to address the specific lending requirement of the DFI as well as the value added by the seamless integration of the rest of Neptune’s offering like the ERP and HR Modules.

Neptune’s Regional Managing Director (ESA) Mr. Chibuzo ENE assured ICDC of a timely project delivery while boasting of a strong local and regional team within the Neptune establishment that had immense experience in similar previous projects in the DFI sector. He added that Neptune clients in the region who included IDB Capital (Kenya), Agricultural Finance Corporation (Kenya) and Housing Finance Company of Kenya were fully satisfied and had everything to thank Neptune for.