ICS Financial Systems Showcases its Leading-edge Solutions at MEFTEC 2012

Dubai - 26 April 2012

ICS Financial Systems Ltd. - ICSFS, the global software and services provider for banks and financial institutions, announced its successful participation as a silver sponsor at MEFTEC 2012, one of the world's premier financial technology events, that was held in Dubai, UAE from 25-26 April 2012, at Dubai International Convention & Exhibition Centre.

For the 8th year in a row, ICSFS showcased its fully integrated banking solution software ICS BANKS®, along with its comprehensive Islamic Shari'a compliant system ICS BANKS® Islamic. ICS BANKS® solutions utilize the world's leading technologies to deliver extraordinary value, to serve financial institutions.

On this occasion, Managing Director of ICSFS; Robert Hazboun stated,

“Even with the changing environment of International Financial Markets; each bank or financial institution of ICSFS’ clients enjoys the latest technology innovation with high level of compliance using our completely integrated and parameterised End-to-End solutions. ICS BANKS® covers specific and diverse needs for financial institutions of all sizes, offering advanced financial products and services. “Mr. Hazboun added, “ICSFS has been sponsoring and exhibiting MEFTEC for the past several years, following frequent successful participations, excellent feedback results and winning lead opportunities. We are committed to service our clients with rich functionalities, dynamic and new financial instruments, as our vast experience is truly global in nature.”

During the exhibition, ICSFS showcased its portfolio of products and services of Core Banking, Remittances, Trade Finance, Lending, Islamic Banking, Investment, Treasury, eBrokerage, Asset & Portfolio Management, Finance Lease, Risk Management, BI & Warehousing, Internet Banking, and Mobile 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.

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