Meet ICSFS

A long-standing player in the banking & financial technology industry

About
ICS Financial
Systems - ICSFS

A leading provider of modern banking and financial technology powered by a very solid, agile, and digital banking platform as part of its DNA, launching innovative products that are constructed on a secured and agile integration. Its ICS BANKS software suites are fully integrated financial software solutions servicing the Universal, Retail, Wholesale, Corporate, Commercial, Investment, Islamic, Finance Leasing, Microfinance and Agency banking industry.

ICSFS provides open products with international standards, real-time business processing, and value-added capabilities of tailoring products, on-premises, or on the cloud. ICS BANK’s software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience.

ICSFS has been servicing the financial and banking industry for many decades and witnessed its customers’ transformation from traditional to first online and mobile banking adopters, to modernise core banking, and finally to become a true global and digital bank.

Meeting Customers Expectations

Providing the Know-How

Know your customer

Increase customers confidence & engagements

Increasing your
competitive advantage

Reducing your time to market for new products

Committed to your Success

Banks and financial institutions are trying to cover unexposed areas and maximise profitability whilst minimising costs by using efficient software solutions. This is where ICSFS innovative banking and financial software solutions come to assist banks and financial institutions in:

Milestones

The history of the ICS Group, starting in 1978, also adds value to ICSFS’ strategy.  As several ICSFS’ sister companies have positioned themselves as turnkey solution providers and as system integrators, the Group’s brand legacy gives ICSFS an edge to embrace clients of all sizes.

1981

Awarded a Turn Key Project for the full development and implementation of a Banking system for one of the big banks in KSA

1990

ICS launched packaged version of the system

1991

Re-engineering took place at that time by choosing Oracle Corporation as strategic partner. Analysis and Development took place in the UK

1995

ICS BANKS  first version

2004

First full banking application in the Middle East and Africa to be released and implemented on Oracle10g Technology and Red Hat Linux platform

2010

Ready on Oracle 11g RDBMS & Oracle WEBLOGIC

2012

Benchmark on IBM Power Systems; Record Breaking & Unmatched Results

2014

Benchmark on HP Unix Platform; Record Breaking & Unmatched Results

2016

New Version with New Look of Feel, Embedded BPM & DMS, Bio Metrics, Omni Channels

2018

Cloud Certified, “ISV Cloud” Innovation award by Oracle, Full cycle digital banking, Blockchain technology Benchmark on Oracle Exadata Platform (Record Breaking & Unmatched Results of ICS BANKS® Performance)

2019

the first to implement in Africa and worldwide banking industry, Oracle database technology 19c & Oracle fusion 12c

Success Stories

Related News

ICSFS named as Best Islamic Banking & Finance Technology Provider

ICSFS named as Best Islamic Banking & Finance Technology Provider

LONDON – The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards. The Islamic banking sector has been growing rapidly in recent times and it is certainly an area of the market that ICSFS has been supporting through its Shari’a compliant solutions.

ICSFS Wins Oracle ISV Partner of the Year

ICSFS Wins Oracle ISV Partner of the Year

ICSFS has received ISV Partner of the Year at Oracle Partner Executive Forum – Levant & Egypt.

Al Wifaq International Islamic Bank Selects ICS BANKS ISLAMIC

Al Wifaq International Islamic Bank Selects ICS BANKS ISLAMIC

Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC from ICSFS, the global software and services provider for banks and financial institutions, to start its Islamic operations in Baghdad, Iraq.

ICSFS’ Managing Director acknowledged for his Business Leadership & Exceptional Vision

ICSFS’ Managing Director acknowledged for his Business Leadership & Exceptional Vision

World Finance, the voice of the market magazine, awarded ICSFS’s Managing Director; Robert Hazboun, in its Winter 2020 edition, as one of its World Finance 100 individuals and business in financial services that have outstanding enterprise and kept pushing their industries forward.

National Bank of Yemen Announces Successful Go-Live of ICS BANKS Universal Banking Software from ICSFS

National Bank of Yemen Announces Successful Go-Live of ICS BANKS Universal Banking Software from ICSFS

National Bank of Yemen (NBY), one of the largest commercial banks and a prominent contributor to the economic and social development in Yemen; has gone live with ICS BANKS Universal Banking Software from ICS Financial Systems Limited

ICSFS Recognised for its Core Banking Implementation by IBSI

ICSFS Recognised for its Core Banking Implementation by IBSI

IBS Intelligence recognised ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, for its Core Banking Implementation during its IBS Intelligence Global FinTech Innovation Awards 2019.

Nisir Microfinance Institution Chooses ICS BANKS

Nisir Microfinance Institution Chooses ICS BANKS

an innovative and growing microfinance institution in Ethiopia, has selected ICSFS to be its technology partner in providing a turnkey project, delivering its ICS BANKS Microfinance solution to expand their offering and drive growth.

ICSFS Adopts the Latest Oracle Technologies for the Banking Sector at Oracle OpenWorld 2019

ICSFS Adopts the Latest Oracle Technologies for the Banking Sector at Oracle OpenWorld 2019

At Oracle OpenWorld 2019 in San Francisco, ICSFS delivered three main sessions and joined multiple discussions where live production use-cases were provided on many innovative and emerging technologies. ICSFS showcased its awards-winning banking software application; ICS BANKS, in utilising these technologies in real-life cases for the banking industry.

Oromia International Bank in Ethiopia Goes Live with ICSFS’ IFB and Conventional CBS

Oromia International Bank in Ethiopia Goes Live with ICSFS’ IFB and Conventional CBS

ICSFS and Oromia International Bank S.C (OIB), one of the most profitable banks in Ethiopia, announced the successful implementation and go-live of ICS BANKS Universal Banking and ICS BANKS Interest-free Banking (IFB)software suites.

ICSFS named winner of Best Banking & Financial Software Solutions Award 2019

ICSFS named winner of Best Banking & Financial Software Solutions Award 2019

Thanks to its state-of-the-art product offering, ICSFS has been named as the winner of World Finance’s Best Banking and Financial Software Solutions Award 2019.

The People’s Bank of Zanzibar Limited Successful Go-Live

The People’s Bank of Zanzibar Limited Successful Go-Live

PBZ recommends ICSFS as a technology partner to any bank or financial institution looking to future-proof their banking technologies.

ICSFS & PBZ Celebrates Successful Go Live of ICS BANKS ISLAMIC and ICS BANKS

ICSFS & PBZ Celebrates Successful Go Live of ICS BANKS ISLAMIC and ICS BANKS

The wealth management industry has had to rapidly evolve as customers demand the latest digital solutions. The challenges this presents must be overcome if firms want to future-proof their businesses.

ICSFS 27X faster with Oracle Exadata

ICSFS 27X faster with Oracle Exadata

ICSFS, a leading universal core banking provider, with over 100 customers across the Middle East, Africa, South East Asia, Central Asia and Europe, invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide.

ICS BANKS 4.5x Faster Batch Processing & 27x Increase on Digital Banking Transactions with Oracle Exadata

ICS BANKS 4.5x Faster Batch Processing & 27x Increase on Digital Banking Transactions with Oracle Exadata

ICSFS announced it has earned Oracle Exadata Optimized status through Oracle PartnerNetwork (OPN), demonstrating that ICS BANKS 6.0 has been tested and tuned on Oracle Exadata Database Machine to deliver speed, scalability and reliability to customers.