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International Turnkey Systems (ITS Group) is a software company for the banking industry[1] with specialized coverage for Islamic financing[2].[3]

History

International Turnkey Systems (ITS Group), was incorporated in 1981 is a Kuwaiti based provider of information technology solutions and software services to a wide spectrum of industries and government entities across the Middle-East, Africa, the Asian region.

A provider of turnkey IT infrastructures and software solutions for banks and financial institutions, ITS offers a full conventional and Islamic core banking system capability. Their banking products cover the conventional banking sector, Islamic banking solutions, Trade finance and Internet banking. The range of banking and finance industry integration applications packaged under the ETHIX suite.

International Turnkey Systems (ITS Group) to obtain AAOIFI certification [2]

Products

In 2010, ITS repackaged their total banking solutions as ETHIX. ETHIX covers the whole range of Islamic Banking based on Sharia guidelines for the purposes of trade (Finance, Retail, Corporate, Investment, delivery channels, Trade Finance, Risk Management), the solution is technology independent where the financial institutions are able to select the preferred technology provider ( Microsoft, Oracle or Sybase ).

Awards and Achievements

ITS Group wins the Best Islamic Finance Technology Provider and Best Islamic Finance Technology Product awards at 2012 Asian Finance Forum [4] [5] ITS Group Receives The Most Outstanding IT Company at 9th Kuala Lumpur Islamic Finance Forum 2012 [6]

Gartner Positioned ITS Group in the Islamic Banking Systems Global Presence By Market Share Revenue as Tier 1; in its report the ‘Competitive Landscape: Islamic Banking Systems, Worldwide’ published in July 2010. [7]

ITS Group Achieves Oracle Partner Network Specialization for Oracle Database & Oracle Database Performance Tuning [8] ITS Group Recognized for Innovative, Cutting-Edge Islamic Banking Solutions at OIEF [9] ITS Group have received the highest rank of Implementing Islamic systems by IBS intelligence [10]

ITS Group is awarded 'Technology Company of the Year 2012' by Arabian Business [11]

ITS Group named Best Islamic Technology Provider by CPI Financial [12]

Khalid Faraj Al-Saeid ITS Group MD&GM wins Technology CEO of the Year [13]

References

  1. Banking Software -universal, retail, private, wholesale core banking systems. inntron.com. Retrieved on 2012-11-13.
  2. "Faisal Islamic Bank to deploy ETHIX financial solutions from ITS". 2012-04-16. http://www.bobsguide.com/guide/news/2012/Apr/16/faisal-islamic-bank-selects-ethix-financial-solutions-from-its-group.html. 
  3. "KFH Bahrain deploys key Islamic banking solution". 2012-11-28. http://bahrainbiznews.com/story-z3185304. 
  4. http://www.alraimedia.com/Article.aspx?id=398875&date=10122012
  5. http://www.bobsguide.com/guide/news/2012/Dec/17/its-receives-best-islamic-technology-provider-and-best-islamic-technology-product-from-global-islamic-finance-awards-at-2012-asian-finance-forum.html
  6. http://www.bobsguide.com/guide/news/2012/Nov/20/its-group-receives-the-most-outstanding-it-company-at-9th-kuala-lumpur-islamic-finance-forum-2012.html
  7. http://www.gartner.com/id=1414616
  8. http://www.bobsguide.com/guide/news/2012/Apr/10/its-group-achieves-oracle-partner-network-specialization-for-oracle-database-oracle-database-performance-tuning.html
  9. http://www.bobsguide.com/guide/news/2012/Feb/7/its-group-recognized-for-innovative-cutting-edge-islamic-banking-solutions-at-oief.html
  10. http://www.bobsguide.com/guide/news/2012/Jan/4/its-have-received-the-highest-rank-of-implementing-islamic-systems-by-ibs-intelligence.html
  11. http://www.zawya.com/story/ITS_is_awarded_Technology_Company_of_the_Year_2012_by_Arabian_Business-ZAWYA20120528055358/
  12. http://www.bobsguide.com/guide/news/2009/Jan/19/its-named-best-islamic-technology-provider-by-cpi-financial.html
  13. http://www.bobsguide.com/guide/news/2008/Dec/31/khalid-faraj-al-saeid-wins-technology-ceo-of-the-year.html

External links

This article uses material from the Wikipedia article International Turnkey systems, that was deleted or is being discussed for deletion, which is released under the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Author(s): Sharihareswara (WMF) Search for "International Turnkey systems" on Google
View Wikipedia's deletion log of "International Turnkey systems"
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