back Back

Ivory Bank goes live with ICSFS core banking platform

By Vriti Gothi

Today

  • AI
  • Core Banking Platform
  • Cross Border Payments
Share

ICSFS

Ivory Bank has completed the implementation of the ICS BANKS Universal Banking Solution from ICS Financial Systems Ltd. (ICSFS), finalising a core banking overhaul across its operations in South Sudan.

The five-month project covered the bank’s headquarters in Juba and 11 branches across South Sudan and Khartoum. The deployment replaces Ivory Bank’s legacy infrastructure with a unified, real-time core banking platform designed to centralise operations, enhance governance controls, and improve risk visibility across retail and corporate business lines.

The go-live marks ICSFS’s entry into the South Sudanese market, extending the vendor’s footprint across Africa at a time when banks in emerging markets are accelerating investments in core modernisation to improve resilience, regulatory compliance, and product agility.

“Our partnership with ICSFS marks a defining step in our digital-transformation journey,” said Madam Bruna Siricio, General Manager of Ivory Bank. “Implementing ICS BANKS® Universal Banking Solution has empowered us with the agility, scalability, and control we need to serve our customers consistently and efficiently across South Sudan. This transformation strengthens our technological foundation and sets a solid base for future growth.”

According to the companies, the migration to ICS BANKS® included full data transfer from Ivory Bank’s previous system without data loss. The platform’s parametrisation capabilities are intended to enable faster product configuration and rollout, supporting compliance and scalability as the bank expands its services.

For ICSFS, the deployment represents a strategic expansion into a new African market. “Their successful go-live on ICS BANKS® Universal Banking Solution marks our debut in South Sudan, representing a new market penetration for ICSFS and reinforcing our strategic expansion across Africa,” said Robert Hazboun, Global CEO of ICSFS.

Core banking modernisation has become a priority for financial institutions across frontier and developing markets, where legacy systems can constrain product innovation and limit integration with digital channels. Vendors offering modular, service-oriented architectures and flexible deployment models whether on-premises, hybrid, or cloud—are increasingly positioning themselves as enablers of digital transformation and financial inclusion initiatives.

ICSFS states that ICS BANKS® is built on a service-oriented architecture and can be deployed across multiple environments, supporting integration and compliance with evolving regulatory standards. The implementation at Ivory Bank underscores continued demand for end-to-end core replacement projects in African banking markets seeking operational consolidation and long-term scalability.

Previous Article

Today

Sidekick bags £7.8m to scale digital wealth offering

Read More
Next Article

Today

ADIB Capital launches Sharia digital infrastructure fund

Read More



IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Oracle launches Agentic AI platform for retail banking

Read More

Today

Fiserv deploys ServiceNow AI to modernise banking operations

Read More

Today

ADIB Capital launches Sharia digital infrastructure fund

Read More

Related Reports

Sales League Table Report 2025
Know More
Global Digital Banking Vendor & Landscape Report Q3 2025
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
Incentive Compensation Management Report Q4 2025
Know More
Treasury & Capital Markets Systems Report Q4 2025
Know More