ICSFS Wins “Best Core Banking Systems Technology Provider, Africa” Award

 This award highlights ICSFS’ footprints in the African ICT Market

LONDON, United-Kingdom, February 18, 2014 -- ICS Financial Systems Ltd. - ICSFS , the global software and services provider for banks and financial institutions, is pleased to announce that it has won “Best Core Banking Systems Technology Provider” in Africa for its ICS BANKS® solution at the prestigious World Finance Technology Awards that was organized by World Finance magazine.

The World Finance Awards identify industry leaders, individuals, teams and organizations that represent the benchmark of achievement in the business world. They recognize the leading innovative individuals and companies representing best practices for technologies globally.  Informed by a voting system supported by the World Finance magazine’s readership, the World Finance Award Selection Panel has used a wide range of criteria to inform its decision over the 2013 awards, lending the critical eye of a collective 205 years of business journalism to the exhaustive information gathered by the research team.

Alexander Redcliffe, Editor at World Finance stated “It gives me great pleasure to bestow upon ICS Financial Systems. The World Finance 2013 award for the 'Best Core Banking Systems Technology Provider, Africa'.  May the firm's excellent work and devotion to their market continue, “

This award highlights ICSFS’ footprints in the African ICT Market, while considering the rapid expansion of ICSFS’ customer base in many African countries such as Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Congo (RDC), Côte D’Ivoire, Djibouti, Kenya, Rwanda, Uganda, Tunis, Egypt, Algeria, Libya and Sudan.

The Managing Director of ICSFS, Robert Hazboun commented, “We are delighted to be adding such an award to our industry accolades, as it is our fourth time being recognized as the Best Core Banking Systems Technology Provider in Africa. We are very proud to be awarded by World Finance magazine as a leading solution provider. ICSFS invests heavily in research and development to ensure the business requirements delivered to its customers is in line with their rapidly changing needs.”

ICS BANKS® 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), the system is deployed in a multi-tiered setup that runs on a web thin client, J2EE environment.