ICSFS sets a new standard of scalability and proofs viable solutions for the largest banks with Oracle Exadata
- Islamic Finance
- 24.02.2020 12:13 pm
ICSFS, a leading universal core banking provider, with over 100 customers across the Middle East, Africa, South East Asia, Central Asia and Europe, invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers' journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on-premises or in the cloud.
With no room for doubt, this benchmark demonstrates how ICS BANKS high performance benefited from its own unique design and architecture for on-line, end of day and digital channels. As demonstrated by the workload testing described in this paper, ICS BANKS universal banking solution running on Oracle Exadata servers, sets a new standard of scalability and proofs viable solutions for the largest banks.
Running ICS BANKS from ICSFS on Oracle hardware is packaged as one complete solution with best-of-breed technologies, to provide banking solutions that address today’s industry challenges and demands in the most cost-effective way, while offering the agility to respond to the business and technology opportunities of tomorrow. ICSFS and Oracle provide a complete integrated end-to-end solution that is easy to deploy, with ongoing maintenance and address scalability without complexity. The results of this benchmark are the highest achieved up-to-date, as no public available benchmark of this kind is known to provide higher performance.
“We wanted a platform that helps our customers to support their growth plans, consolidate their databases whilst still reducing their cost and achieving the highest levels of business performance.” Ghassan Sarsak, CTO & CIO of ICS Financial Systems, discusses how ICS BANKS and Oracle Exadata accelerate core & digital banking, and revolutionize end-of-day banking processes.