Relational acquires Cententia SA

27 May 2014

Relational S.A. today announced the completed merger of Cententia S.A., provider of the AroTRON™ Collections and Recoveries software platform, after reaching a full stakeholders’ agreement. The merger enhances Relational’s software solutions portfolio by adding significant value and know how to NPL management in the Banking sector.
The new business scheme has already integrated all banking software solutions pertaining to Loans Origination System (LOS), Loans Management System (LMS), and Collections & Recoveries of NPLs, Loans Restructuring, Litigation System and Business Analytics under the comprehensive software platform MiTOS. The new platform is a significant investment fully owned by Relational and incorporates all innovative technologies that offer an advanced infrastructure on which all Relational software products shall be based, in order to provide a multitude of benefits to its customer base.

YOU MAY ALSO LIKE...

CKV / Relational: New collaboration

5 April 2022

The Belgian niche bank CKV has selected AroTRON Debt Management platform to manage their loans portfolio and automate their debt collection, recovery and restructuring processes, in order to make its application landscape complete and future proof. The Company CKV is an unlisted, independent, stable, Belgian niche bank that has been active throughout Belgium since 1956 […]

Can an NPL “wave” be avoided on 2022?

3 February 2022

Have you heard about the NPL tsunami? Different players in the NPL market have expressed their worries about rapidly worsening bank asset quality and an ensuing ‘NPL tsunami’ from the COVID pandemic. Those challenges have not materialised so far and one reason for keeping them on hold is clearly the policy mix that governments have […]

The non-performing loans directive is now live

28 January 2022

On 24 November 2021, the European Parliament approved the final version of Directive 2021/2167 which addresses high levels of non-performing loans held by banks in the European Union (the NPL Directive). The Directive has been under discussion since 2018. The accelerated legislative process to approve the Directive last November could have been triggered by the […]

Relational