ITS 'ETHIX' Wins Best Islamic Finance Technology Product 2017

26 September 2017

Esam Alkheshnam - CEO, International Turnkey Systems (ITS)

Alkheshnam: “It is an honour for ITS to win this highly acclaimed award and to be recognized again on the global stage for our flagship product range ETHIX”.

International Turnkey Systems Group (ITS), the market leading provider of comprehensive Shariah-compliant financial solutions, was recently awarded the "Best Islamic Finance Technology Product 2017” for its innovative ‘ETHIX’ product range at the prestigious Global Islamic Finance Awards ceremony held in Astana, Republic of Kazakhstan.

Commenting on the accolade, which was awarded at a ceremony attended by Senior Ministers, Central Bank Governors, and other VVIPs from across the globe, International Turnkey Systems (ITS) CEO, Mr. Esam Alkheshnam, said: “It is an honour for ITS to win this highly acclaimed award and to be recognized again on the global stage for our flagship product range ETHIX”.

He added: “The Islamic Financial Services industry is growing at a fast pace, and the only way for banks and financial institutions to stay ahead of the competition is to continuously innovate and enhance their customers’ experience. ETHIX products are designed to provide clients with competitive advantage by offering the latest financial technologies to enhance their business and this award is a testimony to the continued success of ETHIX in delivering on that promise.”

The GIFA Awards Committee selected ITS’s ETHIX to receive the “Best Islamic Finance Technology Product 2017” award over a number of similar products from other IT companies in the same category. This recognition further highlights ITS as the market leading provider of innovative Shari’ah compliant IT solutions, and emphasize its 36-year successful track record of serving the IT needs of the Islamic financial services industry.

ETHIX provides multi-channeled corporate and retail products and services in Islamic finance and investment, including core banking, trade finance, branch automation, online banking, dashboards and reports, in addition to other pioneering products and services. The product range is built on robust technologies designed to support financial institutions as they strive to reach operational excellence, accommodate growth, and achieve cost leadership in financial services.

Mr. Alkheshnam added: “In today’s technology driven world, ETHIX provides an up-to-date, comprehensive solution that is resilient yet flexible to meet the changing needs of our customers globally.  ITS has evolved over the last 36 years to become an international provider of world-class IT solutions with a  wide range of ETHIX products being successfully adopted by our clients in the Middle East and Africa Region”. He concluded: “The Company’s new strategy is focused on expanding global presence and positioning ITS as the financial solutions and services partner of choice in the Middle East and Africa region, and this award is a testament to the success of that strategy”.

Established in 1981, ITS is a leading integrated information technology and services solutions provider and a market leader in providing comprehensive Shariah-compliant financial solutions. ITS targets a wide range of industry segments to offers world-class IT solutions. With more than 350 prestigious clients globally, ITS have a proven track record successfully implementing cutting-edge IT business solutions. ITS offers demonstrated technology competencies and high end skill capabilities to meet the growing market needs in today’s technology driven financial environment.

Since inception, GIFA has emerged as the most authentic market-led Islamic finance awards programme in the world, promoting industry pioneers who have made significant strides in thought leadership, and in the implementation of world class initiatives and industry leading products and services.

Previous recipients of the top Global Islamic Finance Leadership Awards – also known as GIFA Laureates, include; His Excellency Joko Widodo, President of Republic of Indonesia; HRH Muhammadu Sanusi II, Emir of Kano, Nigeria; His Excellency Nursultan Nazarbayev, President of the Republic of Kazakhstan; His Excellency Shaukat Aziz, Former Prime Minister of Pakistan; HRH Sultan Nazrin Shah of Perak (Malaysia); His Excellency Tun Abdullah Badawi, Former Prime Minister of Malaysia. 

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