The Financial Technology and Platform Awards

Belief Statement
We believe that a successful financial technology platform is one that has a believable business proposition in solving a real business need, with a potential to cause a fundamental transformation or disruption in the financial services industry and to generate scale across regions. Appropriate financial support from the right investors as well as having an installed customer or user base are proofs of concept and important evidence that third parties have thoroughly evaluated the proposition and are willing stakeholders. In addition a robust execution capability, strong people commitment, ability to fund its growth trajectory and the drive and vision of the principle promoters are important consideration to its success.

Dimension   Indicators
Product(s) 15% Product must meet a business need
Key functional features of the product
It should be data tested and demonstrate a working model
Transaction value and volumes
Number of users and growth in users
Market share
Technology and Innovation 20% Extent to which it can potentially disrupt current business models
# of features that demonstrate innovation in service
Extent to which it enables users to differentiate their businesses or products from the competition
Regulatory accredition
Scalability 10% Ability of the business to increase scale in line with growth of customer and transaction volumes
Ability to expand to different regions and locations around the world
Potential size of the market
Platforms it can be implemented upon
Ease of integration
Financials 10% Revenue growth
Sources and composition of revenue
Asset size, types of revenue generating assets
Share capital
Funding support, if any
Promoters 10% The names and experience of the promoters of the organisation
A short description of the vision statement of what the promoters expect to achieve from this business
Achievement of promoters
Management 10% The names and profile of key personalities
Description of talent that demonstrates the depth and range of management capability to succeed in this business
Number of employees
Customers 15% Number of customers/installed sites
Scale and network effect
Key reference sites, if any
Location of implementation sites in Asia Pacific
Recent case studies, if any
Related Events
Important Links
The Bank Technology Monitor
Award Winners 2016
Photo Gallery 2014

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