A pioneer in Islamic finance solutions, International Turnkey Systems (ITS), an integrated IT solutions and software services provider, has received another award to add to its ongoing list of industry accolades.
ITS won the award for 'Best Technology Innovation' by World Finance in the category of Technology.
Hany Ramadan, director - global financial solutions (part of ITS Group), commented: "We are absolutely thrilled to have received such a prestigious award from World Finance. It is a solid endorsement of ITS's ETHIX technology platform and an affirmation of the high quality of our work in the financial technology sector.
"ETHIX can be seamlessly incorporated into an Islamic financial institution to enable the organisation to compete more effectively against its conventional banking counterparts. In order for the Islamic finance industry to continue growing at this fast pace, institutions need to explore the ways in which they can integrate ethical Islamic solutions with their existing core banking software infrastructure."
ITS has also previously received accreditation for its ETHIX suite of products by winning both the 'Best Islamic Finance Technology' conferred at the World Islamic Retail Banking Conference 2013 and 'Best Technology Vendor' at the CPI Financial Islamic Business and Finance Awards 2013.
World Finance is a critically acclaimed bi-monthly magazine and website providing in-depth coverage and analysis of the financial industry and global economy. The editorial board combines award-winning reportage from in-house journalists and correspondents with contributions from some of the most influential economic and political thinkers of our time, globally recognised for the part they have played in shaping contemporary thought and the way we look at the financial world.
Focusing on the most complex and innovative issues of the day, the magazine is essential reading for anybody who wants to understand the machinations of finance in the 21st century.
For more information about World Finance, please visit www.worldfinance.com
ITS's flagship Islamic financial technology suite is widely recognised as the most comprehensive, flexible and scalable Islamic banking solution worldwide. Described as a premier total banking solution catering to tier one banks, ETHIX was developed in accordance with Shari'ah guidelines. It empowers Islamic banks to improve operational efficiency and reduce cost of ownership in specific areas of Islamic banking, while maximising opportunities for growth.
For more information about ITS' ETHIX solutions please visit www.its.ws/global_financial_solutions.html
