ICS Financial Systems (ICSFS),the global software and services provider for banks and financial institutions, today announced the success of its Iraq User Group Summit: “Accelerating Digitalisation and Innovation in Iraq”. ICSFS showcased its holistic awards-winning banking software application; ICS BANKS with its latest new modules, features and innovations. The summit was held on Tuesday 21st June 2022, at the prestigious Babylon Rotana Hotel in Baghdad
ICSFS in partnership with AL-AWAEL, Fortinet, and Huawei, brought together a comprehensive one full day. Emphasising on the importance of digital transformation processes and roadmap, and its utilisation in banking and financial institutions, which provides a great service to users in managing their accounts remotely, financial inclusion, better customer service and more customer reach.
During the summit, ICSFS presented the latest innovations and products that are embedded within its latest Digital Banking Platform that includes customer on-boarding, E-KYC, Open Banking Platform and API’s, Business Process Management & DMS, Artificial Intelligence, Robotics, Blockchain Adaptor, Cash Management Solution, Mobile and Internet Banking. In addition to that, ICSFS presented the audience with a full comprehensive IFRS9 solution, Credit Risk, Customer Classification and BASEL requirement that is in compliance with the international regulations and covers the Central Bank of Iraq’s requirements.
ICSFS has a very strong presence in Iraq, and has been servicing the Iraqi market for over twenty years. ICSFS is the preferred and most trusted technology partner in Iraq, with over 30 active customers who have chosen ICSFS for its continuous technology innovation, high security and reliability and holistic products and services offerings.