ICS Financial Systems Limited (ICSFS)

General information

With ICS BANKS our philosophy has always entailed providing international standards packaged as an OTS product with the value added capability of tailoring the product to consider local and country specific requirements.

With this, the system flexibility starts from the outset. ICS BANKS has always been a pioneer in utilising 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 in a Thin-Client, J2EE environment and best in class database solution.

ICSFS uses specific tools and tested methodologies for conducting gap analysis, and formulating a migration roadmap for banks and implementing optimum Data Centre and Disaster Recovery. Our approach uses global and standard banking
methodologies and practices, with emphases on local requirements and regulations.

ICS BANKS provides a complete suite of banking business modules with a rich sweep of functionalities and features, addressing business needs and automating operational processes, as needed, to improve a bank’s business performance.

ICSFS cares about customer feedback, and seeks ways to enhance its offering by tuning the product to serve end-users better. ICSFS has a vast pool of well qualified and experienced resources with a wide technology and banking expertise, proven development and analysis methodology, high research and development expertise that meets industry standards.

ICSFS, proactively and reactively, enhances the business and technological demands of its users with its careful platform design that is relevant to all emerging business trends.

Key ICS BANKS Solution benefits:
• Complete suite of banking business modules with a rich sweep of functionalities and features.
• Open system, highly parameterised, scalable and modular.
• Thin-Client Browser-Based solution.
• Straight-Through Processing (STP) - Business-Based system.
• Rich with a wide range of external delivery channels.
• Innovative leading technology solutions.
• Multi-Tier deployment as Centralised, Distributed or Hybrid setup.
• Immense business functionality offers unbeatable price-performance value.
• User-friendly
• State-of-the-art software delivering maximum value to banking clients of all sizes.
• Provide clients with incredibly flexible best-of-breed technology and unparalleled support.
• Product-Parameterisation
• Business-Oriented
• Service-Oriented-Architecture (SOA)

ICSFS caters to the needs of modern financial institutions. ICS BANKS is packaged as one complete solution to provide a complete integrated and parameterised end-to-end solution that covers all banking activities.

The solution covers the following financial
service sectors:
• Universal Banking
• Retail Banking
• Wholesale Banking
• Corporate Banking
• Commercial Banking
• Investment Banking
• Islamic Banking
• Finance Leasing
• Micro-finance Banking

ICS BANKS helps banks to transform the operational procedures to meet current and future financial industry standards through applying best practices and by being in compliance with international standards; such as IASB, IFRS and Basel Committee on Banking Supervision.

Our creation and transformation of ICS BANKS orbits a number of pillars such as:
- Customer-Centricity
(Know Your Customer – KYC)
- Product-Parameterisation
- Business-Oriented
- Service Oriented Architecture (SOA)

ICSFS customers across Europe, Asia and Africa are enjoying the complete integrated banking system, ICS BANKS that provides industry leading requirements.