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ICS Financial Systems Recognised for Outstanding Leadership at the Beacon of ICT Awards

ICS BANKS® Named “Banking Software of the Year 2011” by Nigeria CommunicationsWeek

ICS Financial Systems Ltd. - ICSFS, the global software and services provider for banks and financial institutions, is proud to announce that it has been recognised, for the second time in a row, by the readers of Nigeria CommunicationsWeek as “the Banking Software of the Year 2011" in Beacon of ICT Awards, on April 28, 2012.

Beacon of ICT awards, the merit-centric awards reward best practices and recognize outstanding contributions, is an annual industry wide celebration recognizes deserving talents, contributions and commitments to the growth of the ICT industry. The awardees are chosen by Nigerians who recognize and appreciate the guiding lights of the organizations and individuals who have helped put Nigeria on the global ICT map.

“We are delighted to have been recognised for the second year in a row as the Banking Software of the Year” said Managing Director of ICSFS; Robert Hazboun. He continued “We have been delivering outstanding and innovative solutions since 1997 in Nigeria, and are dedicated to continue providing distinguished financial products and services to our clients in the Nigerian Market."

Executive Director for Business Development of ICSFS; Mr. Wael Malkawi stated, “We are really pleased and honoured to receive this award for the second year in a row. This wouldn’t have been achieved without the dedication of ICSFS towards the Nigerian ICT Market, and our local support presence since October 2011.” Malkawi added, “We also hope that we can add value to the Nigerian and Regional Market in the coming years, by delivering service excellence with our banking solutions especially with our long expertise in the Islamic Banking”.

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.

The Beacon of ICT Awards ceremony took place on Saturday, April 28, 2012 at the prestigious Eko Hotels & Suites, Lagos, Nigeria. The awards were instituted by Communication Week Media Limited, publishers of Nigeria CommunicationsWeek, the fiercely independent weekly ICT newspaper covering the knowhow of e-business, broadcasting, courier, computing, telecom, ICT career, and any other ICT business, and are uniquely placed to view government and business organizations as well as individuals’ contributions, creativity and excellence in the application of ICTs and solutions.