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30 November, 2016

IDC Asia/Pacific calls for Financial Insights Innovation Award nominations

The Financial Insights Innovation Awards (FIIA) returns for its 12th year. Organiser IDC Asia/Pacific has announced that nominations are now open until January 9, 2017.

With nearly a hundred highly-qualified submissions put forward in 2016, the FIIA programme is one of the most sought-after awards in the industry, IDC said. The FIIA maintains 11 disciplines in which financial, securities and insurance (FSI) firms have the opportunity to distinguish themselves:

A/P Leader in Corporate Banking; 
A/P Leader in Next Gen Security; 
A/P Leader in Business Agility; 
A/P Leader in Digital Banking; 
A/P Leader in Digital Payments; 
A/P Leader in Customer Insights; 
A/P Leader in Risk Management; 
A/P Leader in Digital Transformation; 
A/P Leader in Technology Excellence; 
A/P Leader in Customer Experience and 
Best Bank in Asia Pacific. 

Sui-Jon Ho, Program Director for the FIIA, said: “The growing disintermediation of traditional financial services is a symptom of a converging ecosystem. Tomorrow’s consumer offerings will be increasingly defined (and differentiated) by the underlying partnerships from which they are conceived, and no single enterprise can wholly own a value proposition.

"Make no mistake; this is a favourable development. We have witnessed new models of collaboration previously thought impossible due to barriers in regulation, technology and culture. Today’s liberalised, unfettered environment is reflected in our FIIA submissions this year – the pursuit of innovation is now less defined by processes of the past, but by value exploration for the future.”

“As competitive threats persist, Asia’s FSIs are driven to evolve further, using early victories in Digital Transformation as foundations to push the boundaries of innovation,” says Michael Araneta, Associate VP, IDC Financial Insights.

Interested?

To nominate a project, fill out the submission form and send it to apfiia at idc dot com. The deadline for submissions is January 9, 2017. Send enquiries to Sui-Jon Ho at sjho at idc dot com.

Winners will be announced on March 3 2017 at the 2017 IDC Asian Financial Services Congress (AFSC) to be held at the Marina Bay Sands Convention Center, Singapore. Centered on the theme of trust, the congress will feature Asia’s top financial institutions that have set new precedents in the use of technology to augment their business with truly leading-edge value propositions. To attend the Asian Financial Services Congress 2017, contact hlooi at idc dot com

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