BML Istisharat, core banking and insurance software provider grows in the Middle East
Erbil Bank in Erbil Bank in Kurdistan (KRG) having been an ICBS user for six years are due to introduce the ICBS e-Banking on the Windows platform, the ICBC S e-banking solution will complete and fully integrate ICBS functions at Erbil Bank.
BEIRUT, September 2016–Lebanon based BML Istisharat – a globally recognized business Solutions and Information Technology Services provider has had some encouraging developments in the second quarter of 2016.
Erbil Bank in Kurdistan (KRG) having been an ICBS user for six years are due to introduce the ICBS e-Banking on the Windows platform, the ICBS e-banking solution will complete and fully integrate ICBS functions at Erbil Bank.
Whilst Libano Suisse Insurance a CIRIS and LIRIS user for more than twenty years in Lebanon, Qatar and lately Egypt has launched an upgrade to the latest CIRIS V.5.1 on both the Windows and Oracle platforms in both Lebanon and Qatar.
As well as signing a partnership-venture with Al Hilal who are set to distribute BML Istisharat products to both the Saudi Arabia banking & insurance markets and the Bahrain insurance market. Hilal computers are a leading Enterprise Business solutions provider in the Middle East with a presence in Bahrain, KSA, and UAE.
They are aiming to be a complete Enterprise Business Solution Provider having recently established an Enterprise Software Division, entering into affiliate partnerships with SAP, Microsoft and Oracle for their various Enterprise Software products in ERP, CRM, Business Intelligence, Mobility, Cloud Offerings.
To cater for their growing banking & financial services sector Hilal has signed an agreement with BML Istisharat for both Bahrain and KSA.
With this new partnership in place this will enable BML Istisharat to provide enhanced value to their Middle Eastern customers and complement their existing basket of products and services to a wider audience and consolidate the company’s position in the Gulf region.
Finally BML Istisharat have consolidated their export drive this year with their sponsorship and presentation of ICBS at the Sixth Regional Congress of ICT organised by the banking association of Guatemala on April the 11th & 12th in Guatemala City.
Finally BML Istisharat have consolidated their export drive this year with their sponsorship and presentation of ICBS at the Sixth Regional Congress of ICT organised by the banking association of Guatemala on April the 11th & 12th in Guatemala City.
Globally, ICBS has been ranked 6th worldwide for universal banking by the Sales League table for 2016, as published by IBS (UK), out of 40 universal banking systems. ICBS is also now ranked 11th worldwide for all categories including; universal, retail, wholesale and private banking. Moreover it isworth noting that ICBS comes ahead of all regional players and on-top of some well known international players like; Oracle Banking Platform from Oracle FSS (ex iflex), Fusion banking Equation amongst many other leading platforms.
Most prestigiously BML Istisharat now has a new certification from Oracle. Passing its Exalogic and Exadata Oracle benchmarking with noticeable improvements.
BML Istisharat has been delivering core banking and insurance software since 1972. The company’s reference list includes more than 300 clients worldwide, including ”Fortune 500” names such as Citibank, Société Générale, Banque Populaire, Swiss Life, Gazprom Bank. etc…