March, 2015

ICS Financial Systems Ltd Receives “Best Islamic Software Provider MENA 2015” Award

Global Banking and Finance Review, one of the worlds’ leading global banking and finance publication has announced ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions, as the “Best Islamic Software Provider in MENA for 2015”.

The Global Banking & Finance Review Awards recognize excellence within the global financial community. They have been designed to reflect the innovation, achievement, strategy and progressive changes taking place within the financial sector.

Global Banking and Finance Review awards ICS Financial Systems Ltd- ICSFS in recognition for its continued commitment to quality and innovation in banking software.

ICS BANKS ISLAMIC 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 Financial System delivers comprehensive scalable Islamic software solutions for banking clients of all size. Their professionalism, commitment to client relations and state-of-the-art management software delivers maximum value” said Wanda Rich, Editor, and Global Banking & Finance Review.

Managing Director of ICSFS, Robert Hazboun commented,

“We are delighted to receive this award, and are looking forward to continue providing world-class banking solutions. Our ICS BANKS solutions service all financial and banking sectors, and provide a complete suite of banking and financial systems to many regions across the globe. Our ICS BANKS ISLAMIC solution has facilitated banks in achieving a competitive edge by offering a complete integrated end-to-end and comprehensive suite of Islamic Banking applications, that is suited to the bank’s needs whether it’s for an Islamic bank or a conventional bank looking to create an Islamic Banking window.”

The awards honour companies that stand out in particular areas of expertise in the banking and finance industry. ICS Financial Systems Ltd. as the Best Islamic Software Provider in MENA for 2015 because of the company’s outstanding achievements in many areas of software technology and by performing well in the following categories according to judging panel:

  • Tailored solutions
  • Range of support and consultancy services
  • Scalable solution suitable for small and large banks and financial institutions
  • Real time online software
  • Addresses challenges the financial service industry is facing;  including deregulation and risk management
  • Skilled and knowledgeable consultants

ICS BANKS ISLAMIC has always been a pioneer in utilising the latest technology to serve financial institutions with its embedded Service-Oriented-Architecture (SOA), and fully integrated solution that is designed and developed following the principles of Shari’a, in compliance with the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).

About ICS Financial Systems Ltd. – (ICSFS): Sister company of International Computer Systems (London) Ltd – (ICS-London), with offices in United Kingdom, Jordan, United Arab Emirates, Qatar, Iraq, Saudi Arabia, Palestine, Sudan, Nigeria, Lebanon, which is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to its turnkey offerings, ICS BANKS and ICS BANKS ISLAMIC, which serves and supports customers across the globe. ICSFS provides fully integrated universal, banking applications that deploys solutions and a range of professional services to automate and streamline banking services. www.icsfs.com.

About Global Banking & Finance Review: The Global Banking and Finance Review Awards honour institutions that stand out in their particular area of expertise in the finance industry. They recognize achievement, challenge, progress and inspirational change in finance globally. Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. It is reflected in the quality and in-depth insight provided by our experienced contributors in a clear and concise way. Global Banking and Finance Review brings together the entire fundamental and growth areas of finance and banking into one easy, informative and all-encompassing publication. We have objective and respected editorial contributions from all major sectors, such as Banking, Technology, FOREX Trading, Asset Management, Corporate Governance, Islamic Finance, Project Finance, Mergers and Acquisitions, Tax and Accounting and Inward Investment; all under one global umbrella.  For Further Information please visit www.globalbankingandfinance.com

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