Situated only a few kilometers from Muscat’s Business district and overlooking the Gulf of Oman, the venue provided the perfect setting for the hosting of the OIEF. The OIEF brought together a number of stakeholders – financial practitioners, academicians, business leaders and key decision makers- from within Oman and internationally to discuss critical issues in Islamic finance. It explored steps Oman needed to take to develop its Islamic finance capacity; and offered an agenda for the creation of a robust Islamic finance framework, which would contribute to the economic health of the Sultanate.ITS Group also,
stated that Mr. Haitham Abdou, ITS Group Director of Marketing, contributed in
the conference as a main speaker on the first session, in which he discussed
the application of the technology for the Islamic financial Institutions
through ETHIX financial solutions. ITS has also demonstrated successfully the
company’s range of software solutions specifically catering to the ETHIX
ETHIX financial solutions are web services based solutions that offer services
and functions of Islamic finance, Islamic investment, core banking, delivery
channels, trade finance and other banking services, which in turn enhances the
bank’s competitive edge.
ETHIX financial solutions allow financial organizations to reduce the
operational cost, reduce the operational risk and meets growing strategy by
gaining and retaining customers.
Alkheshnam: “It is an honour for ITS to win this highly acclaimed award and to be recognized again on the global stage for our flagship product range ETHIX”.International Turnkey Systems Group (ITS), the market leading provider of comprehensive Shariah-compliant financial solutions, was recently awarded the "Best Islamic Finance Technology Product 2017” for its innovative ‘ETHIX’ product range at the prestigious Global Islamic Finance Awards ceremony held in Astana, Republic of Kazakhstan.Commenting on the accolade, which was awarded at a ceremony attended by Senior Ministers, Central Bank Governors, and other VVIPs from across the globe, International Turnkey Systems (ITS) CEO, Mr. Esam Alkheshnam, said: “It is an honour for ITS to win this highly acclaimed award and to be recognized again on the global stage for our flagship product range ETHIX”. He added: “The Islamic Financial Services industry is growing at a fast pace, and the only way for banks and financial institutions to stay ahead of the competition is to continuously innovate and enhance their customers’ experience. ETHIX products are designed to provide clients with competitive advantage by offering the latest financial technologies to enhance their business and this award is a testimony to the continued success of ETHIX in delivering on that promise.”
The Commercial Bank of Dubai (CBD), in collaboration with ITS , successfully concluded the upgrade of Phoenix Core Banking to the latest version “Ethix Core Banking” in record time.The upgrade on the system that was originally deployed in 2012 added a number of features that contribute to Expanding the banking capabilities during normal day operations and end of day operations. Those features included offering full fledge 24/7 banking operations across all branches and Head Office, in addition to Overall performance enhancement and new features supporting among others Digital Banking.
ABOUT MEFTECHMEFTECH is the premier international platform dedicated to innovation in financial services.MEFTECH is the largest and most prestigious event that convenes the entire financial technology community from across the Middle East and North Africa (MENA) region. Featuring industry-leading conferences, a tightly focused trade exhibition and much more, MEFTECH is the definitive platform where top decision-makers share insights with technology providers and collaborate to rethink financial services. Year after year, MEFTECH attracts the financial industry’s best and brightest minds, serving as a conduit for innovative ideas and thinking.
Mr./Chief Executive Officer of International Turnkey SystemsAttention/ Mr. Nasr Al-BikawyPeace be upon you;Thanks and Appreciation Industrial Development Bank presents the heartfelt felicitations on the occasion of Eid AL-Fitr to you and your respected corporate and wishes many happy returns of the day.Our Bank would like to thank your corporate represented in the implementation team for the exerted efforts in the first phase. We hope to keep the same spirit until we finalize the rest of the project implementation to the satisfaction of all parties.Kind Regards/Best Wishes Mosaeid Mohammed AhmedGeneral Manager