ICSFS, a leading provider of banking solutions, with the cooperation of Sunnet Systems, one of the leading Information and Communications Technology Company in West Africa, hosted a seminar on innovative financing for the financial sector in Ghana, which attracted key bankers from Ghana, Liberia and Sierra Leone.

Mr.Wael Malkawi, executive director of Business Development at ICSFS commented: “ICSFS has been a strong player in the West Africa region; as its first implementation was in 1998, and had successful and record-breaking implementations in 2006, one of which was a 9 bank merger where each bank had a different core banking application, the project was completed and went live on ICS BANKS in 9 months.”

Mr. Malkawi continued, “We also had strong and successful benchmark results running our flagship ICS BANKS on IBM Power Systems. We believe that combining ICSFS’ solutions with Sunnet Systems’ support in West Africa, the region’s financial sector will explore new ways in cutting costs, increasing their ROI and enhancing their business and technological demands.”

Mr.Satish Sankar: head of Sales at Sunnet Systems remarked: “Sunnet Systems has sustained a thriving business for over a decade now, and also a key player in the ICT world in Africa, we take pride in ourselves on our proven track record for effectively administering hardware and software implementation in West Africa.”

Mr. Sankar added “We tend to continue to break into new frontiers in the African Market as a whole with new business innovations, solutions and service delivery with our customers being the central focus at all times as we persevere to serve them better, to our credit we have been able to deploy Infrastructures, Data Centre Management, Network Management, Security Management and Systems management for the Financial Sector in West Africa.”

With Sunnet Systems Proficiency and capability delivery combined with ICSFS support, Mr. Satish expounded that, we are set to Expand on a  new business,  to satisfy the needs and demand of  the Financial Sector on a new Platform.

ICSFS showcased its award winning software, ICS BANKS®, which 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 event brought together business leaders, CEOs, General Managers, Executives, and IT Mangers; where ICSFS &Sunnet Systems have succeeded in showcasing ICSFS flagship, ICS BANKS successful performance on IBM Power Systems, and the strong partnership between the two companies. The event received excellent feedback results, as participants reported to have gained useful knowledge about modern technology servicing the financial sector.