International Financial Systems

Company profile

International Financial Systems company profile

International Financial Systems (ifinancial) was founded in 1983 as a group of IT consultants that provided implementation services to banks on IBM mid-range and other banking packages that were in their infancy at that time. By 1991 they had reverted to our roots of software authors and began trading as Criterion Banking Software. They also announced the first of their software products, BankWare DOS, which very soon replaced one of the IBM mid-range solutions in 1992. From there it went from strength to strength as PCs and networks began to replace the mainframe and minicomputer. In 1999 with the growing awareness of the Internet and its potential for revolutionising the way that banking services were delivered to the end user we introduced the iBank as an integrated front-end to BankWare and other legacy systems.