Adehyeman Savings & Loans, Ghana signs on Rubikon

London - 14 October 2009

Neptune Software is excited to announce that Adehyeman Savings and Loans Limited, a fully registered and licensed savings and loans company in Accra, has signed contract for supply and implementation of the Rubikon Banking System, as part of their strategic plan to revamp the existing system in order to stay ahead in the market!

Adehyeman Savings and Loans Limited was incorporated in July 2004 and focuses on microfinance activities through the mobilisation of savings from the retail public, and the provision of credit, largely to households, micro- and small businesses.

Mrs. Arah Sadava, Managing Director of the bank, quoted ‘An investigation had been carried out into the existing ICT and banking system solutions and it was concluded that the existing systems were inadequate for support of their current operations, as well as for the rapid growth and branch expansion envisaged. Adehyeman therefore decided to acquire a new banking system and to strengthen the underlying ICT to support it; hence the initiation of a software evaluation process which concluded with the selection of the Rubikon Banking System from Neptune Software’.

A key goal of Adehyeman is to position itself as a major financial institution, with the objective of distinguishing itself from other savings and loans companies by offering easy, accessible banking through inter-branch banking and electronic transactions using ATMs/Point of Sale, plus effective and efficient loan processing. Neptune is confident that Rubikon will be a key driving force behind Adehyeman’s expansion!

‘The congruency between the strategic objectives of Adehyeman and the rich and comprehensive features, functionalities and benefits of the Rubikon banking system led to its ultimate choice from a pack of other world class solutions’ said Andrew Anakhu, Neptune’s Regional Sales Manager for West Africa. He added that the selection by Adehyeman came after a rigorous evaluation process through which the superior SOA architecture, truly web-based nature, integrated workflow, 24/7 availability and robust e-banking capabilities, amongst many others, were clearly demonstrated, giving Rubikon a position of distinction.

Mrs. Sadava is optimistic that the implementation of the Rubikon banking system will lead to “better performance, new and innovative products and increased profitability”.

Mr. Anakhu concluded that Neptune Software’s provision of profound support services gives clients a very high level of assurance of system efficiency and therefore, customer service quality and highly predictable consistency.

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