ASPEKT was founded in 1992 as a software development company. In 2007 new management came on board and the company has gone through a transformation which led to strategic determination for ASPEKT to focus on developing superb solutions for financial markets.
Microfinance represents financial niche market where technology vendors see potential to establish sustainable market presence through diversified software solutions but still the available options are incompatible with the needs of this niche industry. The current state of the microfinance market requires specialized software solution which caters for the specific microfinance requirements.
Origin of know-how
ASPEKT’s team has long years of experience in the financial industry and especially in the banking sector, working on implementations of robust banking systems. Since 2007, ASPEKT is operating in the microfinance industry and has acquired rich experience in the microfinance industry specifics internationally.
The experience of the management team of ASPEKT in the financial industry is what leaded the company into researching this complex market and finding a niche segment that experienced lack of suitable technological solution to resolve operational issues.
ASPEKT dedicated its efforts to development of a solution that will enable microfinance institutions to better organize gathered data, use it properly to speed up the decision-making process, improve corporate efficiency and unify external reporting. Namely, ASPEKT embarked on developing a product that will close all the gaps that the competitive products currently present on the market could not manage to achieve.
The platform on which the solution is implemented represents a complex Process Management System with ability to dynamically adapt the process flow from user side and with flexible data collection approach for control over gathered data content, enabling easier adaptation to MFI’s requirements and supporting faster institutional growth.
ASPEKT will continue investing in further enhance of the model for on-field accessibility of loan application process and full client appraisal, by providing more comprehensive mobile platform and appraisal interface, removing entirely the paper based process and making it more affordable and effective for Loan Officers to collect data in rural areas.
Aspekt Product Suite Story
Looking for a manner to express our key solution capabilities into visual identity, ASPEKT has redesigned the meaning of the smart cube into a cube that flexibly transforms its CORE parts into fusion of opportunities, robustly bound by three compound color shades, representing the most important features of Aspekt Product Suite – Flexibility, Scalability and Integration.