Core Banking
The ICS BANKS Core system provides the richest possible suite of extended functionality covering a huge array of housekeeping, security control, data processing and data interfaces, built-in and comprehesive reporting system and core banking activities for specialized banking functional modules.
Business
- Comprehensive, flexible and user friendly General ledger and Chart of accounts to cover all accounting requirements of the bank
- Precise, accurate, on demand periodic accounting reports to obtain banks financial status at any time
- Full support and compliance with international standards; such as IASB, IFRS and Basel Committee on Banking Supervision
- Hierarchical, bulk and batch posting transactions where the bank has the opportunity to explore new business areas
- Outdate/postdate, pending and doubtful transactions
- Extensive set of fees and charges imposable on transactions
- Multi-currency ledger and accounting reports alongside accurate, online and instant currency positioning reports
- Know Your Customer (KYC) 360⁰ view
- Complete set of cheque and clearing business
- Multi-currency and currency exchange business
- Security in access and business levels
Technology
- Latest cutting edge technology and partnership with frontiers
- SOA architecture
- Flexible and effective use of BPM
- Straight through processing
- Scalable and robust with 24*7 accessibility guaranteed
- Use of approved technology to enhance performance
- Multi-channel and universal channel management that handle connecting any other system using standard channels
- Cloud ready
- Innovative
- State of the art hardware configuration technology to allow hardware line up according to customer desire
- Security at its maximum level using software and hardware technology frontiers
Core competencies
- Low cost of ownership of latest technology
- Turnkey implementation
- Fast implementation and migration
- Lifetime commitment and support
- Upgradable and best of breed technology
- Customer in control
- Flexibility to address all customer requirements and needs
- Standard channel management
- International banking standards adoption while addressing local and regional requirements
For further information about ICS BANKS® Core Banking, please do not hesitate to contact us at contactus@icsfs.com
