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.
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