ICS Financial Systems Marks the Third Success at the Beacon of ICT Awards 2013

Lagos - 13 May 2013

ICS Financial Systems Ltd. - ICSFS, the global software and services provider for banks and financial institutions, is recognised for the third consecutive year by the readers of Nigeria CommunicationsWeek as “the Banking Software of the Year 2012" in Beacon of ICT Awards, which is the only ICT merit-centric recognition and award celebration in Nigeria. The event took place in Aurora hall of the Eko Hotels and Suites in Lagos on April 20, 2013.

More than 120 guests from the ICT industry were in attendance to celebrate the winners of the Beacon of ICT Awards, which is known to be one of the biggest red carpet events in Nigeria. The theme of this year’s celebrations is “Technology Adaption; Looking IT Straight in the Eye”. This year over 55,000+ Nigerians voted in different categories to the organizations and individuals who have left an indelible imprint on the Nigerian ICT Market.

Deputy Editor-in-Chief at CommunicationsWeek, Mr. Chike Onwuegbuchi stated, “ICS BANKS® is recognized as the "Banking Software of the Year" for being the powerhouse in providing comprehensive financial data management and clients’ customer information. Nigerians have recognized ICSFS’ hard work, sincerity and dedication towards the growth of ICT in the banking sector of the country by voting for ICS BANKS®. Users are particularly happy that ICSFS’ commitment to every client bank extends far beyond providing software systems and automation solutions. ICS BANKS® Integrated Core Banking module manages banking client’s head office and branch financial activities for clients’ customers on all levels. ICS BANKS® System is a multi-currency, branch, bank and language built on an open architecture fully scalable to any financial institution size.”

Managing Director of ICSFS; Robert Hazboun commented on this occasion, “We are delighted to be adding such a prestigious award to our industry accolades for the third time in a row. We are proud of the significant success we’ve had in Nigeria this year, as this award highlights our footprints in the Nigerian ICT Market while considering the rapidly changing environment. We will continue to leverage the spirit of innovation and technological breakthroughs into our products and deliver market-leading banking solutions.”

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.

It is worth mentioning that 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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