Housing Finance, Kenya goes live with Equinox

London February 2nd, 2004

NEPTUNE SOFTWARE PLC, today, announced that Housing Finance has been live using Equinox Universal Banking Solution for just over one month. Housing Finance went live January 1st with Equinox Core Retail

Housing Finance chose Neptune after an exhaustive evaluation procedure and Equinox has now been successfully implemented in 10 Housing Finance branches across Kenya. According to Peter Lewis-Jones, the Managing Director, Housing Finance are pleased that, "Equinox is proving to be flexible, user friendly, and capable of accommodating a range of functions in line with our present and future plans for enhancing our customer service, product range and delivery systems".

According to Neil Beckley, Sales Director East Africa, "Expectations of ROI payback on IT projects have had a significant impact on decision making, with an average desired payback time of below 2 years and in some cases as low as six months. Equinox's flexibility and efficient workflow make this almost unrealistic expectation obtainable.

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