February 2011 – Montran has had an on-going, successful 16 year working relationship with BNP Paribas since implementing our Global Payments System in December 1995. In addition to GPS, BNP Paribas also uses the Montran Investigations/Compensation module to track customer inquiries and create cases, and the Montran Global WebStation, presently available to over 850 users, to keep track of real-time payment positions and provide a portal to the Investigations System for inquiries and case logging.

In February 2011, BNP Paribas successfully migrated their VMS versions of the Montran Global Payments and Investigations/Compensation Systems to our latest release of GPS and Investigations, now running on the JAVA platform. The system is multi-currency, multi-lingual, and multi-branch with connections to CHIPS, Fedwire and the Canadian LVTS, and utilizing Montran’s OFAC and Liquidity Manager.

January 1st, 2011 – Montran ACH was originally implemented as part of the Iraq Payment System in 2006. As an enhancement, Check Enablement is now fully integrated into the Montran ACH for Iraq, allowing all Iraqi banks to implement full check truncation throughout their branch networks.

December 2010 – National Bank of Georgia replaces their Montran Real Time Gross Settlement System with the Montran Automated Transfer System, incorporating both automated clearing house processing and real time gross settlement.

National Bank of Georgia also went LIVE with the Montran Central Securities Depository System, implemented to perform the complete management of Government debt and NBG financial instruments, with full support over dedicated interface for the settlement of auction and trade results on the relevant Bloomberg platforms. NBG CSD is designed to cater for the complete management of secondary market operations (out-right sales, repurchase agreements, pledges) including a highly sophisticated state of the art loan management mechanism fully automated with the NBG General Ledger application.

October 25-29, 2010 – Montran attends SIBOS, Amsterdam.

“Every year Sibos brings together the financial industry for one week to create opportunities for individuals, organisations and the community as a whole. It is a unique forum to meet, discuss, promote, and do business. Facilitated and organised by SWIFT, Sibos creates the stimulus for learning, collaborating, and taking the collective action that shapes the future of our industry.”

For more information, please visit http://www.swift.com/sibos2010

August 30, 2010 – Central Bank of Lesotho went LIVE with the Montran Central Securities Deposit (CSD) System. The entire portfolio of active Treasury Bills was migrated to the new application and just two days after Live, the Montran CSD had successfully redeemed four securities that were originally initiated in the legacy Book Entry system. The Lesotho Government was very anxious to have the new system implemented because they are already planning, for the month of September, to attract at least 75 million LSL in Coupon type Government Bond instruments for infrastructure development.

July 2010 - Citic Bank International goes LIVE with Montran’s Global Payment System (GPS), with direct connections to CHIPS and Fedwire, as well as Montran’s Investigation/Compensation System (INV).

March 8-11, 2010 - Montran attends the 18th annual International Payments Summit in London.

“Now in its 18th year, International Payments is the leading payments event in the market and has gone from strength to strength. It attracts 500+ senior executives from banks; corporations; technology and infrastructure providers; regulators and service providers from around the globe.”

For more information, please visit http://www.icbi-events.com/ips/

January 2010 – Bahamas Automated Clearing House (BACH) goes LIVE with Montran ACH. The Central Bank of The Bahamas utilizes the Montran RTGS system as their Bahamas Inter-Bank Settlement System (BISS) since May 2004.

October 2009 - GIRO Zrt. is the only clearing house for credit institutions in Hungary, providing electronic money transfers that allow quick and effective payments among any business. Given the fact that the shareholders are the banks themselves, and GIRO Zrt. is the only enterprise in the country in this area, GIRO Zrt. has to meet the requirements of extreme rapidity, efficiency, accuracy, transparency and high-level security.

In 2006, when this new project started, the previous clearing service (BKR) was servicing approximately 57 banks and, through them, millions of individual customers and companies in Hungary.

GIRO Zrt. recognized the need to implement a new system (the existing being more than 12 years old) that was based on the newest technologies, and that could easily be enhanced to provide new services such as SEPA payments, EACHA connectivity, TARGET 2 settlement, EURO clearing, etc. The solution was the Montran Automated Clearing House (ACH).

The Montran ACH was also required to meet very demanding volumes of transactions (8 million per day was requested upon commissioning). However, due to the good design and latest technologies, this system is capable of processing 25 million transactions within 2 hours.

The Montran ACH was integrated with the other new systems that were implemented at the same time in GIRO, such as the new communication infrastructure, the security infrastructure, the reporting infrastructure, etc. The integration with these systems has proven to be seamless.

The migration to the Montran ACH was transparent to all banks and customers; all services that GIRO Zrt. offered at the bank premises were not changed with the introduction of the new system, except, of course, for the additional functions that the new system was offering, such as a web browser monitoring station together with the appropriate IT security involved.

February 2009 – Bank of Jamaica went LIVE with Montran RTGS, replacing their Customer Inquiry and Funds Transfer System (CIFTS). This Montran solution has now become the core of their national payments system and compliments their Montran CSD system, implemented in May of 2009.