Jordan Kuwait Bank – Cyprus Goes Live on ICS BANKS in 46 Days

ordan Kuwait Bank (JKB), one of the largest and fastest growing banks in Jordan, officially announced the successful go-live of ICS BANKS from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, at its branch in Cyprus.

ICS BANKS was successfully deployed at Jordan Kuwait Bank’s Cyprus Branch in a record breaking time of only 46 days. The bank experienced a smooth implementation process which started on 15 February, 2015 and was completed on 1 April, 2015.

Jordan Kuwait Bank – Cyprus has implemented ICS BANKS to offer modern products through the use of ready-to-run suite of applications that cover Core Banking, Remittances, Credit Facilities & Risk Groups, Lending, Trade Finance and Treasury &Investment systems in addition to many innovative delivery channels

Head of Retail and Private Banking of JKB; Mr. Haethum Buttikhi stated

The JKB Cyprus implementation project is evidence of ICSFS’ advanced experience and capabilities that worked in harmony with JKB’s qualified resources in both the business and IT fields to set this record, and is one of the many reasons why we chose ICS BANKS software. We are very pleased with the successful go-live performance; our aim is to continue providing leading banking and financial services in Jordan, Palestine and Cyprus, with the support of ICSFS. ICSFS is a like-minded, innovative partner, harnessing

technology to provide a truly differentiating service.

Managing Director of ICSFS; Mr. Robert Hazboun commented

“We are dedicated to provide our clients with comprehensive, smart and business-driven banking software with a record breaking time of implementation. Our team ensured best practice processes from initial planning to risk and mitigation analysis, fine-tuning, development, testing, data cleansing and migration, implementation, training, going live and handover. ICSFS solutions will provide JKB Cyprus with innovative products and next generation banking services for its customers.’’