ICS Financial Systems Ltd (ICSFS), a leading provider of modular, core banking systems today announced that Guaranty Trust Bank Limited (GTBank Tanzania), has successfully gone live on ICS BANKS’ Universal Banking solution.

In 2016, GTBank Tanzania received its license to offer commercial banking services in Tanzania.

This made it the 11th country that GTBank PLC marks its footprint in.

Managing Director of ICSFS, Mr. Robert Hazboun said, “Our journey started with GTBank in late 90’s, where it was among the first 10 customers to bank on ICS BANKS.”

“We are happy to state that GTBank Tanzania went live with a smooth system integration and impressive total duration  of 73 days!

“GTBank Tanzania is our first customer in Tanzania that will enjoy banking with ICS BANKS’ innovative and efficient banking solutions.” he added.

According to him, they are looking forward to strengthen their presence in Tanzania.

He indicated that, GTBank will enjoy using ICS BANKS Universal Banking Suite which includes Remittance, Trade Finance, Investment & Treasury and ICS BANKS Lending key modular systems.

ICS BANKS is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services.

It provides a complete suite of banking business modules with a rich sweep of functionality and features.

This addresses business needs and automating accounting processes 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.

By:Clara Doku/techvoiceafrica.com