A prestigious recognition programme for technology and innovation in the financial services industry

'The Asian Banker Financial Technology Innovation Awards' is a programme designed to recognise annual achievement as well as identify emerging best practice in the implementation of technology in banking operations.

Since 2006, the Asian Banker has designed and conducted this awards programme to recognise outstanding achievements and best practices in technology implementations through which other financial institutions and IT companies can learn. Each year the programme attracts over 150 submissions that describe a range of innovative solutions and demonstrate how technology can deliver significant benefits in the business in financial services sector.

Submissions to our awards programme are made jointly by financial institutions in the Asia Pacific, Middle East and Africa and their IT partners, as we believe a necessary part of a thorough evaluation is to understand the views of both partners.

The evaluation process is rigorous and transparent. This is the only awards programme that measures both project implementation and sustainable business impact. It identifies the best examples of cooperation between financial institution and their strategic IT service providers, and how these cases exemplify industry-leading innovations.

Since 2015, we have taken on an audit-based approach in the evaluation process. This involves submissions to be completed in a comprehensive data sheet where the basic quantitative figures will be collated and compared with your peers in the industry. Some of these figures will be used to establish a comprehensive understanding of best practices and benchmarks that the industry can use on a generic base without compromising the confidentiality and competitive data.

Beginning 2018, we are also opening the programme to new players such as fintechs, marketplace platforms and alternative financial services companies who are greatly contributing to the transformation of the financial services industry. Through this, we aim to capture the evolving competitive landscape and recognise the outstanding players and initiatives, from which the industry can learn from to better provide consumer products, services and experience

Supported by the Financial Technology Working Group - a well-established repository of data on financial institutions and technology companies around the world

The Asian Banker maintains a comprehensive library of data of all banks in the areas we cover in "The Financial Technology Working Group" http://tech.theasianbanker.com/. It contains the profile of all the financial institutions that we cover including data and trends on the industry, as well as case studies and interviews. It also includes templates and assertions that are rigorously tested and used to benchmark the industry worldwide.

"The Finanial Technology Working Group" has become an invaluable tool for decision makers to ensure that they keep their financial institutions ahead of the competition at all times.

For these reasons, we are able to focus on changes in the yearly review very quickly without losing sight of the detailed profiles that are necessary to support all players in the industry. Your completion of the audit report will help to ensure that any assessment we make will be based on the updated version.

Compares financial institutions and non bank players to transformational best practices from around the globe
  • All financial players, both banks and technology innovation platforms will be assessed on the same basis.
  • Winning players will be featured prominently in case study format on our website
  • The comparisons are at a global level. We compare you with the scorecards.

We will continue to grow the scope of the programme globally. It is our ambition to establish our presence in all parts of the world to support the development of financial services by creating an environment for learning and sharing.

We will extend the coverage of new countries in the programme and also monitor global best practices more closely through the introduction of an international category for the product and special awards. This will allow us to expand our body of knowledge and provide case studies and benchmarks of leading global financial institutions.

Related Events
Important Links
The Bank Technology Monitor
Award Winners 2018
Photo Gallery 2014

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