AJIB Implements ICS BANKS® in its New Acquired Branches

Arab Jordan Investment Bank (AJIB), one of Jordan’s leading investment and commercial banks, acquired HSBC Bank- Jordan in January 2014, and started its banking operations in June 2014 with the new acquired branches, using the universal banking software ICS BANKS®, from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.

Hani Al-Qadi, general manager / CEO of AJIB; stated: “ICSFS has been our strategic Technology partner since 2008, and we have been accustomed with the strengths of ICS BANKS® solutions. The newly acquired branches experienced a smooth implementation with a record time of 5 months, and have implemented ICS BANKS® Universal Products. We are pleased to deploy ICS BANKS® in our new acquired branches, to continue delivering excellent banking services across all channels.”

Robert Hazboun, Managing Director of ICSFS; commented:  “We are keen to maintain this successful partnership through providing distinguished financial products and services to Arab Jordan Investment Bank. The deployment has been accomplished on time, achieving high level of customer satisfaction. ICS BANKS® system was rolled out with a big bang approach and was implemented across the new branches in one go, and the process was smooth, swift and transparent. ”

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.