Omdurman National Bank (ONB), the First Bank in Africa and the 25th worldwide according to classification of The Banker Magazine, has selected the award winning solution ICS BANKS® ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.
ONB has chosen ICS BANKS® ISLAMIC after conducting a number of site visits and an extensive evaluation process where many international suppliers were also considered.
The bank chose ICS BANKS® ISLAMIC for its highly flexible parameterisation, and meeting all business and Shari’a requirements to banking clients of all sizes.
The signing ceremony took place in Khartoum, Sudan at the headquarter offices of ONB. Attending the ceremony were the Deputy GM at ONB; Mr. Najm Eldding M. Agab, IT Project Manager at ONB; Mr. Abdullah Khogali M. AlFaki, IT Manager at ONB; Mr. Mohamed Abd Alla Ali ElShair, Khartoum Branch Deputy Manager at ONB; Mr. Abdelaziz Hassan Mohamed Kiriri, Consultant of ONB; Prof. Awad Haj Ali Ahmed, Sudan Sales Manager at ICSFS; Mr. Hani Hamaydeh and Executive Director for Business Development at ICSFS; Mr. Wael Malkawi.
Mr. Najm Eldding M. Agab, deputy GM at ONB, commented: “We have dedicated a highly specialised team from ONB to search for a complete suite of strong Islamic banking system that embraces innovative and leading technology solutions. After a long and extensive search, we have selected the global banking software ICS BANKS® Islamic. Now, we believe that our financial offerings and services will improve significantly with the latest technology and facilities that ICS BANKS® Islamic provides.”
Mr. Wael Malkawi, executive director for Business Development at ICSFS; said, “ICS BANKS® Islamic was chosen for its global, well-known reputation specifically in the Middle East and Africa, to leverage operational efficiency with a record time implementation. We are delighted to achieve a successful industry-leading solution execution in Sudan, and are committed to provide our best of breed products and services to best serve ONB.”
ICS BANKS® Islamic 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® Islamic 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.