ITS Continues to Build Presence in the Asian Islamic Finance Landscape through its Technology Solutions
As a global pioneer in the vicinity of Islamic finance worldwide and as a key technology provider for Shariaa Compliant products and services, International Turnkey Systems has participated in the 4th Annual Asia Islamic Retail Conference in Kuala Lumpur as a Gold Sponsor with the objective of reinforcing its stance and pioneering leadership in the Asian Islamic Finance landscape through its deep understanding of the financial services environment and the specific needs of the Islamic financial institutions.
With 30 years of experience in Islamic finance, ITS was a major contributor to the discussions held about the challenges facing the industry, the difficulty of building opportunities in a Mature Islamic banking market like the Asian market, the role of innovation and technology in shaping highly differentiated Islamic Banking products and services, the role of regulators in expanding the horizon of Islamic banking, and the opportunities and challenges in Islamic Capital markets among many other topics. ITS participated in the attempt to find answers to some critical issues including the challenge of meeting customers’ expectations and reaching customer retention & loyalty in today’s demanding & ever-changing market.
The event was attended by Haitham Abdou –Director of the Global Financial Solutions Line of Business at ITS Group. As one of the Industry experts and with more than 20 years of experience in the Islamic banking market, Haitham was one of speakers during the 2-day event focusing in his speech on the role of technology as an enabler of the Islamic Banking Industry and how technology can support in deciphering the prospects and challenges that lie in the horizon. Haitham also provided a snapshot on ETHIX total solution and its diverse components that can act as technology enablers for Islamic financial institutions.
The ETHIX suite of financial solutions targets the Islamic banking sector with award-winning technology, and a proven track record. ETHIX has assisted many banks and financial institutions in minimizing their operational costs in response to increased consumer demand for Shariaa compliant products. The Solution offers a range of pre-defined business models, including Islamic finance and investment and trading and delivery channels.
ETHIX Islamic Banking solution offers multi-channeled corporate and retail products and services including core banking, trade finance, branch automation, online banking, dashboards and reports in addition to other products and services that represent an answer to the challenges encountered by the financial institutions anywhere in the world and can only serve to enhance their competitive edge.
The 4th Annual Asia Islamic Retail Conference covered all the aspects of Islamic Banking in Asia Pacific and the neighboring region to help financial institutions face any kind of challenges and equip them with the best possible way to tackle such situations. This conference covered an array of topics from Strategic Marketing, Corporate & Retail Banking and also tacking Human Capital issues.