As global banking and regulatory requirements continue to grow, so too does the demand for innovative technology solutions. The days of in-house software development are limited as more and more organisations look for packaged technology solutions that can be easily implemented and integrated to solve real business problems. Keeping up with technology innovations is important if businesses are to remain agile.

It was with this in mind that The Banker Technology Awards were founded last year to recognise innovative excellence of vendors, based on real results. Our goal is to highlight those vendors, large and small, who have contributed to advancing shareholder value and customer service.

The response has been outstanding: the awards this year attracted hundreds of entries across 34 categories. Entries from technology and solutions vendors from around the world kept the judging sessions interesting, not to mention, highly competitive. Entries were judged to be “innovative” solutions or services if they reduced cost and/or time of process, improved organisational performance or improved customer services. To qualify, solutions or service providers had to demonstrate the successful application of a new technology approach in the past 12 months with clear return on investment and value added.

Two judging sessions were held this year, and The Banker is grateful for the efforts of the judges: John Brosky, managing director for EFMA (European Financial Markets Association); Bob Fuller, information technology director at Dresdner Kleinwort Wasserstein; PJ DiGiammarino, director of information technology at Barclays Capital; Russell Simm, CIO at Alliance & Leicester; Chris Skinner, chief executive of Balatro Limited, and founder and research director of Shaping Tomorrow; and John Stone, managing partner at TowerGroup International Advisory Services.

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