Ghana’s Savings and Loans Companies are going fully digital with Oradian’s toolset
On Tuesday, 24 July 2018, Oradian participated at the Ghanaian Savings and Loans Companies digital workshop where it presented its cloud-based toolset for financial institutions.
At the half-day event hosted by the Ghana Association of Savings and Loans Companies (GHASALC), with other participants from Ghana Interbank Payment and Settlement Systems Limited (GhIPPS) and MTN Mobile Money, Oradian held a 90-minute presentation which included a demonstration of Instafin, Oradian’s cloud-based core banking system, followed by a Question and Answer session with participants.
Oradian focuses on providing financial institutions a platform for fully digital operations, products, services and processes with third-party integrations.
By partnering with Oradian, Savings and Loans Companies can offer new services in a cost-effective way that saves them money, while expanding their reach. Oradian’s core banking system enables financial institutions to grow and serve their clients better.
“Oradian’s strategy is to concentrate on what we do best and to provide hooks into ‘best in class’ products and solutions. Oradian is now building relationships with strategic business partners so our customers can quickly rollout new services to the communities they serve.” stated Gino Simic, Business Development Manager at Oradian.
Tweneboah Kodua Boakye, the Executive Secretary of GHASALC, commented on the workshop saying, “We chose to partner with Oradian to offer this free training to our members because we believe in their solutions. We will continue to partner with institutions who have great products and services, relevant to the operations of our Member Institutions.
GHASALC would like to build the capacity of its members so that the various Savings and Loans Companies in Ghana will continue to deliver their services in a more professional way while complying with the various regulatory directives from Bank of Ghana.”
The workshop was attended by the Electronic Banking, Operations and IT heads of the various Savings and Loans Companies.
Oradian is a financial inclusion company serving financial institutions in remote, hard-to-reach communities. Using insights from its community of customers, Oradian builds a cloud-based toolset that smart financial institutions plug into to access best practice and efficiency.
Its global community is made up of over 65 financial institutions in nine countries with a concentration in the Philippines and Nigeria.
Collectively, Oradian’s community of financial institutions provides access to financial services for over two million end-clients.
GHASALC is an association of all Savings and Loans Companies registered under the laws of Ghana and also licensed by Bank of Ghana. It was registered and also obtained a certificate to commence business in the year 2008 as a company limited by guarantee. Currently, the Association is made up of all the licensed Savings and Loans Companies in Ghana serving over 3.2 Million Customers in about 1, 084 Business Centres across all the 10 regions of the country.
Its focus is to ensure that all their members operate in a sound environment while complying fully with regulations.