ABBA

In 2015 NovoDoba® was implemented in Zapad Banka AD Podgorica being the first experience for ABBA in Montenegro and the fastest implementation of core banking system I ever heard of. The system was changed significantly to comply with local legal and operational requirements and to provide additional flexibility for transactions with clients. I sup... pose NovoDoba is the most cost-effective solution in Montenegrin market providing great options for further improvements." NovoDoba® is an integrated core banking system of KentBank, that covers a large number of business processes of the bank through a whole series of modules, from the General Ledger all the way to digital channels (mobile and internet banking). Through extensive parametrization, it is possible to significantly adjust the system to our needs and/or introduce new products, without the need for further development. Thanks to that, system maintenance, further fine-tuning and introducing new modules, has been considerably eased and very cost-efficient. The system has, during the last few years, through the collaboration of KentBanks and ABBAs teams of experts, significantly enhanced and expanded with additional modules, in accordance with the requirements of the bank. The user interface is easy to use and largely automated, and in production, the system has proved stable work, while if there are any problems, they are quickly resolved. In the end, the integrated online system enables the Bank cost-efficiency, flexibility and the ability to quickly respond and adjust to regulatory and market conditions." Pros are excellent engine and features, minimized requirement for HW platform, fast and cost effective support. In general, NovoDoba® is extremely cost effective banking software solution." The bank has implemented a number of new features that have passed all tests and are functioning properly in everyday practice, in the customer relationship and with regulators in a relatively short period along with key IT outsourcing partner ABBA. So it can be ...Read More