Thursday, May 26, 2016

ICS Participates at Dot Finance Africa Event...as GTB upgrades software

ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, has showcased its Awards wining universal banking and financial software; ICS BANKS, at Dot Finance Africa event that was held at the Visa Oshwal Centre, earlier this May, 2016.
The two-day event included more than 400 high-quality attendees and 50 exhibitors in attendance. Dot Finance connected senior executives of Africa's top banks & financial institutions with leading financial technology vendors from across the globe such as ICSFS, which was exhibiting in booth stand number B3.
ICSFS’ Executive Director for Business Development Mr. Wael Malkawi said;
“It was great to see so many attendees exploring our booth and taking advantage of this opportunity to discover what ICSFS technologies has to offer. We were overwhelmed by the great demand on our ICS BANKS and ICS BANKS ISLAMIC solutions.” Mr. Malkawi continued “26% of our customers are based in Africa and are using our universal banking solution ICS BANKS. We are keen to grow our customer base across the Sub-Saharan region, as we are now investing and building solid partnerships in East Africa; such as Kenya, Tanzania and Uganda.”
ICSFS showcased its flagship; ICS BANKS solutions, which provides a complete suite of banking business modules with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS BANKS has always been a pioneer in utilizing the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), ICS BANKS is deployed in a multi-tiered setup that runs on a web thin client.
This is coming on the heels of the recent upgrade of its solution by leading financial powerhouse in Nigeria, Guarrantee Trust Bank Plc. GTBank, one of the largest banks in Africa and the multiple awards wining bank that was named “Africa’s Most Innovative Bank for 2015”, successfully upgraded to the latest version of the awards winning solution ICS BANKS from ICS Financial Systems Limited (ICSFS).
GTBank has gone through one of the most successful and seamless major upgrades in the industry, completed at GTBank’s headquarters that is located in Nigeria, where it upgraded to the latest version of ICS BANKS. The project started on June of 2015 and ended in October of 2015, where the migration had near-zero-downtime.
High level of performance was achieved by ICS BANKS, where a new record of the entire end-of-day activities for 250 branches serving around 8M customers & 13M accounts & 4M daily transactions are being completed in a record time.


No comments:

"HarmonyOS vs. Android: Will Huawei’s Switch Hit the Right Note in Nigeria?"

  By Ejiofor Agada When Huawei officially broke free from the Android ecosystem to fully embrace its proprietary HarmonyOS, it didn’t merely...