• HOME
  • CATEGORIES

    • CATEGORIES

    • Application Development

      • Observability Platforms
      • Integrated Development Environment (IDE) Software
      • Enterprise Agile Planning Tools
      • Integration Platform as a Service
      • AI-Augmented Software Testing Tools
      • View All
    • Artificial Intelligence

      • AI Code Assistants (Transitioning to AI Coding Agents)
      • Generative AI Knowledge Management Apps/General Productivity
      • AI Application Development Platforms
      • Conversational AI Platforms
      • Artificial Intelligence Applications in IT Service Management (Transitioning to AI Applications in IT Service Management)
      • View All
    • Cloud Computing

      • Backup and Data Protection Platforms
      • Cloud Database Management Systems
      • Strategic Cloud Platform Services
      • Server Virtualization (Transitioning to Server Virtualization Platforms)
      • Hybrid Cloud Storage
      • View All
    • Customer Relationship Management

      • Contact Center as a Service
      • CRM Customer Engagement Center
      • Digital Experience Platforms
      • Web Content Management
      • Field Service Management
      • View All
    • Data and Analytics

      • Analytics and Business Intelligence Platforms
      • Data Science and Machine Learning Platforms (Transitioning to AI Platforms For Data Science and Machine Learning)
      • Data Integration Tools
      • Process Mining Platforms (Transitioning to Process Intelligence Platforms)
      • Metadata Management Solutions
      • View All
    • Education

      • Manager and Leadership Training
      • Corporate Learning Technologies
      • eLearning Authoring Tools
      • Higher Education Student Information System Software as a Service (Transitioning to Higher Education SaaS Student Information Systems)
      • Digital Learning Content Providers
      • View All
    • Enterprise Networking and Communications

      • Unified Communications as a Service
      • Global WAN Services
      • Edge Distribution Platforms
      • Intranet Packaged Solutions
      • SD-WAN
      • View All
    • Finance

      • Expense Management Software
      • Financial Close and Consolidation Solutions
      • Financial Planning Software
      • Cloud Financial Management Tools
      • Accounts Payable Applications
      • View All
    • Healthcare and Life Sciences

      • Medical Device Security Solutions (Transitioning to Medical Device Risk Management Platforms)
      • Health Navigation Solutions
      • Claim Editor Software
      • Revenue Cycle Management Software (Transitioning to Revenue Cycle Management Solutions)
      • Digital Health Platforms (Transitioning to Healthcare Provider Industry Cloud Platforms)
      • View All
    • Human Resources

      • Employee Recognition and Reward Systems
      • Workforce Management Applications (Transitioning to Workforce Management (WFM) Technology)
      • Digital Employee Experience Management Tools
      • Talent Acquisition (Recruiting) Suites
      • Cloud HCM Suites for Regional and/or Sub-1,000 Employee Enterprises
      • View All
    • IT Infrastructure and IoT

      • Enterprise Wired and Wireless LAN Infrastructure (Transitioning to Enterprise Wired and Wireless LAN)
      • IT Service Management Platforms
      • Endpoint Management Tools
      • Container Management
      • Infrastructure Monitoring Tools
      • View All
    • IT Security

      • Endpoint Protection Platforms
      • Email Security
      • Managed Detection and Response
      • Security Information and Event Management
      • Security Awareness Computer-Based Training
      • View All
    • Legal

      • Contract Life Cycle Management
      • Electronic Signature
      • Governance, Risk and Compliance Tools, Assurance Leaders
      • Compliance Monitoring Solutions
      • Corporate Governance Services
      • View All
    • Manufacturing

      • Enterprise Asset Management Software
      • Manufacturing Execution Systems
      • Global Industrial IoT Platforms
      • PLM Software in Discrete Manufacturing Industries
      • Computer-Aided Design (CAD) Software
      • View All
    • Marketing

      • Video Editing Software
      • Email Marketing
      • Multichannel Marketing Hubs
      • Voice of the Customer Platforms
      • Customer Data Platforms
      • View All
    • Productivity and Collaboration

      • Document Management
      • Collaborative Work Management
      • Visual Collaboration Applications
      • Knowledge Management (KM) Software
      • Adaptive Project Management and Reporting
      • View All
    • Public Sector and Government

      • Government ERP Solutions
      • Government Budgeting and Planning Solution
      • Cloud-Based ERP for U.S. Local Government
      • Citizen Service Delivery
      • Government Contracting Software
      • View All
    • Retail

      • Digital Commerce
      • Digital Commerce Payment Vendors (Transitioning to Digital Commerce Payment Platforms)
      • Retail Workforce Management Applications (Transitioning to Retail Workforce Management Technology)
      • Retail Assortment Management Applications: Long Life Cycle Products
      • Digital Shelf Analytics
      • View All
    • Sales

      • Revenue Enablement Platforms
      • Configure, Price and Quote Applications
      • Sales Force Automation Platforms (Transitioning to CRM Sales Platforms)
      • Revenue Intelligence (Transitioning to Revenue Action Orchestration)
      • Sales Performance Management
      • View All
    • Supply Chain Management

      • Supply Chain Planning Solutions
      • Transportation Management Systems
      • Real-Time Transportation Visibility Platforms
      • Warehouse Management Systems
      • Supply Chain Strategy, Planning and Operations Consulting
      • View All
    • Utilities

      • Geospatial Information Systems for Energy and Utilities
      • Mobile Workforce Management Software for Utilities (Transitioning to Mobile Workforce Management Solutions for Power and Utilities)
      • Energy Management and Optimization Systems
      • Energy Trading and Risk Management
      • Advanced Distribution Management Systems
      • View All
    • Browse All Categories
  • FOR VENDORS

    • FOR VENDORS

    • Log In to Vendor Portal
    • Get Started
  • REVIEWS

    • REVIEWS

    • Write a Review
    • Product Reviews
    • Vendor Directory
    • Product Comparisons
  • GARTNER PEER COMMUNITY™
  • GARTNER.COM
  • Community GuidelinesListing GuidelinesBrowse VendorsRules of EngagementFAQPrivacyTerms of Service
    ©2026 Gartner, Inc. and/or its affiliates.
    All rights reserved.
  • Categories

      • Application Development
      • Artificial Intelligence
      • Cloud Computing
      • Customer Relationship Management
      • Data and Analytics
      • Education
      • Enterprise Networking and Communications
      • Finance
      • Healthcare and Life Sciences
      • Human Resources
      • IT Infrastructure and IoT
      • IT Security
      • Legal
      • Manufacturing
      • Marketing
      • Productivity and Collaboration
      • Public Sector and Government
      • Retail
      • Sales
      • Supply Chain Management
      • Utilities
      Browse All Categories

      Application Development

      69 markets
      • Observability Platforms
      • Integrated Development Environment (IDE) Software
      • Enterprise Agile Planning Tools
      • Integration Platform as a Service
      • AI-Augmented Software Testing Tools
      • API Management
      • Enterprise Low-Code Application Platforms
      • Robotic Process Automation
      • Business Orchestration and Automation Technologies
      • Business Process Automation Tools
      • DevOps Platforms (Transitioning to DevSecOps Platforms)
      • Enterprise Architecture Tools
      • Custom Software Development Services
      • Code Review Tools
      • Domain Registrars
      • Digital Adoption Platforms
      • Game Engine Software
      • Website Builders
      • Public Cloud IT Transformation Services (Transitioning to Public Cloud Optimization and Transformation Services)
      • Developer Productivity Insight Platforms
      • API Generation Software
      • AI Agents for Application Developers
      • Feature Management
      • Application Platforms (Transitioning to Cloud-Native Application Protection Platforms)
      • Application Crowdtesting Services
      • Prototyping Software
      • Mobile App Analytics
      • Test Data Management
      • Virtual Reality Development Software
      • Green Software Engineering
      • Application Integration Platforms
      • Application Testing Services, Worldwide (Transitioning to Quality Engineering Services)
      • Event Brokers
      • AI-Augmented Code Modernization Tools
      • Independent Third-Party Software Support of Megavendors
      • Microsoft 365 Implementation and Support Services
      • Application Development Life Cycle Management (Transitioning to DevOps Platforms)
      • Digital Twin of an Organization Platforms
      • BPM-Platform-Based Case Management Frameworks
      • Microsoft Product Support Services
      • Product Roadmapping Tools for Software Engineering
      • AI Agent Development Platforms for Software Engineering
      • Application Composition Platform
      • Multiexperience Development Platforms
      • Application Portfolio Management Tools
      • Internal Developer Portals
      • Load Testing Tools
      • Mobile Development Frameworks
      • Cloud Development Environments
      • B2B Gateway Software
      • SAP S/4HANA Application Services, Worldwide (Transitioning to Cloud ERP Services)
      • Blockchain Consulting and Proof-of-Concept Development Services
      • Citizen Application Development Platforms
      • Mobile Application Testing Services
      • API and MCP Testing Tools
      • Value Stream Management Platforms
      • Oracle Cloud Application Services, Worldwide (Transitioning to Cloud ERP Services)
      • SAP Application Services, Worldwide
      • SAP SuccessFactors Service Providers (Transitioning to Cloud ERP Services)
      • Service Mesh
      • Business-Outcome-Driven Enterprise Architecture Consulting (Retired)
      • Oracle Application Services, Worldwide (Transitioning to Cloud ERP Services)
      • Rapid Mobile App Development Tools
      • SAP Selective Test Data Management Tools
      • Augmented Reality Development Software
      • Blockchain as a Service
      • Mobile Application Management (Transitioning to Endpoint Management Tools)
      • Mobile Back-End Services
      • R&D Outsourcing Providers
      View More
  • For Vendors

    • Log In to Vendor Portal 

    • Get Started 

  • Write a Review

Join / Sign In
  1. Home
  2. /
  3. ICBS
Logo of ICBS

ICBS

byBML Istisharat
in Core Banking Systems
4.1

Overview

Product Information on ICBS

Updated 13th October 2025

What is ICBS?

ICBS is a software designed for financial institutions, offering functionalities that support core banking operations such as customer account management, transaction processing, and loan administration. The software facilitates activities including deposits, withdrawals, transfers, payment processing, and regulatory compliance. ICBS integrates modules to address retail, corporate, and Islamic banking requirements and includes tools for risk management and reporting. The software aims to streamline banking workflows and reduce manual errors, enabling institutions to standardize procedures and enhance operational oversight. By providing a centralized platform for banking processes, ICBS seeks to improve efficiency in managing customer information and financial products, supporting institutions in meeting organizational and regulatory needs.

ICBS Pricing

ICBS software utilizes a modular pricing model typically based on the selection of different modules, the number of users, and implementation requirements. Pricing can vary depending on specific banking functions requested and maintenance or support agreements. Licensing may be offered as a one-time fee or as an annual subscription, depending on the deployment and customization needs.

About Company

Company Description

Updated 25th July 2024

BML Istisharat SAL, instituted in Beirut, Lebanon in 1972, is a global financial software vendor. With an operational presence in Lebanon, UAE, France, Iraq, and Malta, the company serves the financial community in more than 35 countries, which include regions like United States, Europe, Africa, Middle East, Russia, and South East Asia. Since 2018, BML Istisharat SAL operates under the ownership of Mawarid Group, a UAE-based finance company. The main focus of the firm lies in crafting solutions to cater to financial-related issues.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
1972
Head office location
Beirut , Lebanon
Number of employees
51 - 200
Website
http://www.istisharat.com

Do You Manage Peer Insights at BML Istisharat?

Access Vendor Portal to update and manage your profile.

Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: ICBS

Top ICBS Alternatives

Logo of Temenos Core Banking
1. Temenos Core Banking
4.3
(75 Ratings)
Logo of Finacle Core Banking Solution
2. Finacle Core Banking Solution
4.7
(68 Ratings)
Logo of FLEXCUBE
3. FLEXCUBE
4
(62 Ratings)
View All Alternatives

Peer Discussions

ICBS Reviews and Ratings

4.1

(14 Ratings)

Rating Distribution

5 Star
21%
4 Star
64%
3 Star
14%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.3

Integration & Deployment

4.1

Service & Support

4.0

Product Capabilities

4.1

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • Assistant General Manager
    50M-1B USD
    Banking
    Review Source

    Straight forward implementation

    4.0
    Dec 18, 2018
    Since we have an existing relationship with the vendor through a subsidiary, the implementation was straightforward with minimal issues.
  • Head of IT
    50M-1B USD
    Banking
    Review Source

    implementation was straight forward but we need internally to move to phase II

    4.0
    Nov 27, 2018
    Fast support ank knowledge of the service. Aware of the market demand and user friendly. Volume needs to be increased
  • Project Director
    Gov't/PS/Ed
    Banking
    Review Source

    Project implementation exceeded timeline and budget but module rolled out succesfully.

    3.0
    Jan 5, 2018
    From resource perspective,BML has a team of dedicated, experience and hardworking onsite team .Majority has a number of years working for BML, except for 1 or 2 relatively new personnel. Interaction and relationship is good.The number of onsite support however is inadequate to support a project this size that pose some Turn Around Time issues. The challenge faced so far is the understanding on requirements from both parties, especially since the development is conducted offshore.Solution Design finalisation takes sometime and testing has several iterations before the testing is considered good to go.The onsite interactions prior to development is critical to minimise the testing phases . The migration phase is challenging for both parties especially the mapping part as it requires understand ing of the rules in legacy system and any changes in the production environment. From product perspective, the parameter based assist in product development and deployment.The system has some good control measures .The client/customer however needs to have clear understanding of the product setup and comprehensive documentation for business continuity. From project implementation perspective, there need to be a clear understanding in terms of the expectations and SLA, which needs to be clearly spelt out in terms of coverage and responsibilities especially in areas like performance testing, application tuning, configuration and interfaces/integration with the surrounding systems. For maintenance and support for product that has gone live, the mandays quoted for enhancement and changes so far is reasonable and fair. This project can be considered the first footprint in South East Asia for BML which has to accomodate the regulatory requirements and changes in this area.
  • Project Manager
    Gov't/PS/Ed
    Banking
    Review Source

    Core banking implementation is not easy but ICBS made it very easy

    4.0
    Jan 8, 2018
    The team are very helpful and always willing to go the extra mile to make sure the problem is solved. We have a feeling that they are always with us side by side even they are supporting us remotely. When we needed their intervention in person they are always available. The product is very reliable stable ,secure and flexible .
  • IT Manager
    <50M USD
    Banking
    Review Source

    ICBS is smooth and robust system but lack documentation

    4.0
    Jan 11, 2018
    On a general note, ICBS is a robust system, customizable to meet business needs. System is stable an offers a large variaty of reporting tools. Only thing that lack in ICBS is documentation to help get hold of the system.
Showing Result 1-5 of 11

Recommended Gartner Insights

  • Critical Capabilities for Core Banking Systems
  • Magic Quadrant for Core Banking Systems

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

This site is protected by hCaptcha and its Privacy Policy and Terms of Use apply.


Software reviews and ratings for EMMS, BI, CRM, MDM, analytics, security and other platforms - Peer Insights by Gartner
Community GuidelinesListing GuidelinesBrowse VendorsRules of EngagementFAQsPrivacyTerms of Use

©2026 Gartner, Inc. and/or its affiliates.

All rights reserved.