Nairobi, 10690-00100,
Kenya
Concorde Sacco Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Concorde Sacco and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1175 Concorde Sacco employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Concorde Sacco has purchased the following applications: Lanstar Fine-Xtreme Core Banking for Core Banking in 2024 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Concorde Sacco is running and its propensity to invest more and deepen its relationship with Lanstar Technologies or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Concorde Sacco revenues, which have grown to $294.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Concorde Sacco intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Lanstar Technologies | Legacy | Lanstar Fine-Xtreme Core Banking | Core Banking | ERP Services and Operations | n/a | 2024 | 2024 |
In 2024 Concorde Sacco implemented Lanstar Fine-Xtreme Core Banking, deploying a core banking platform to support member-facing digital channels and retail finance operations. Lanstar Technologies developed the Concorde SACCO M-Banking mobile application to provide members with balance enquiry, M-Pesa integration, loan requests and other finance services in Kenya, and the mobile channel is integrated with the core banking application.
Module usage of Lanstar Fine-Xtreme Core Banking is inferred from the mobile integration, indicating active account inquiry capabilities, mobile wallet settlement functions and loan origination and request handling components. The Lanstar Fine-Xtreme Core Banking implementation surfaces balances and transaction history to the Concorde Sacco M-Banking mobile application, and it accepts member-initiated loan requests submitted through the mobile channel.
Integrations explicitly include M-Pesa for payment and settlement flows, with the mobile application acting as the conduit between members and the Core Banking system. Operational coverage focuses on member services and lending functions across Concorde Sacco in Kenya, aligning mobile authentication, transaction posting and funds movement with the Core Banking platform.
The rollout centered on mobile channel enablement and platform integration, and it required alignment of member service workflows and loan request processing with Core Banking processes. Governance attention would be concentrated on transaction authorization, mobile channel controls and loan workflow orchestration to ensure consistency between the Concorde SACCO M-Banking app and Lanstar Fine-Xtreme Core Banking.
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