Home Tech ICS Financial System Extends Leading Presence In Africa

ICS Financial System Extends Leading Presence In Africa

by Caroline Vutagwa
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ICS Financial Systems Limited (ICSFS) has partnered with new banks through expansion of its operations in Kenya, Rwanda and Uganda. This project was awarded to ICSFS by Guaranty Trust Bank Plc (GTBank), the bank recently acquired Fina Bank, an East African Bank.
ICS BANKS® was successfully deployed at GTBank branches in Kenya, Uganda and Rwanda in record breaking time. The three banks experienced a smooth implementation process which started in January, 2014 and was completed in August 2014.

During the implementation period, ICSFS applied great efforts to overcome all obstacles which eventually led to the successful implementation of ICS BANKS® in all three East African subsidiaries of GTBank Plc. Guaranty Trust Bank Rwanda has implemented a fully comprehensive solution ICS BANKS® in all 18 branches, which is also the case for Guaranty Trust Bank Uganda and Guaranty Trust Bank Kenya, who have implemented the system in all branches.

Adekunle Sonola, GTBank’ East Africa Group Managing Director and Managing Director at GTB Kenya said: “We promise our customers that we will continue to apply significant improvements to enable delivery of superior-value services, that will fulfill all your financial requirements. ICS BANKS® will to support us in meeting our goals using the latest technology available.”

Robert Hazboun; Managing Director at ICSFS stated, “We strive to continually discover innovative, ground-breaking tools to deliver powerful banking solutions designed for the world’s largest banks. As Guaranty Trust Bank Ltd. Group is a rapidly growing chain of 280+ branches in Africa. This achievement is the result of a finely coordinated rapid go-live process performed by a very talented Implementation & support team.”

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.

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