Award Categories

Bank Risk, Resilience & Integrity

This award underscores the importance of regulatory reporting solutions that meet current regulatory demands and anticipate future requirements by recognising innovations that enhance accuracy, efficiency, and adaptability. It focuses on solutions that streamline and improve financial institutions’ regulatory reporting processes. Judges evaluate entries based on their capability to manage large volumes of data and complex regulatory requirements across multiple jurisdictions. Critical criteria include the solution’s integration of diverse data sources, its ability to automate reporting workflows, and its capacity to ensure timely and error-free submissions.

This category acknowledges solutions that enhance financial institutions’ risk management capabilities, ensure compliance with regulatory reporting obligations, and enable accurate capital and liquidity assessments. The judges evaluate the solution’s effectiveness in managing large datasets, modelling diverse scenarios, and meeting data and processing demands. They also consider the solution’s robustness, adaptability, transparency, and integration of disparate systems for generating reports.

 This award acknowledges solutions enabling financial institutions to assess and manage credit risk exposures effectively. This category seeks solutions incorporating alternative data, offering model customisation, and providing portfolio monitoring and early warning capabilities. The judging panel emphasises the importance of proactive credit risk management in the current economic environment, seeking solutions that empower lenders to navigate the full spectrum of credit risk with agility and foresight.

This award recognises a solution that supports financial institutions in accurately measuring and managing market risk in compliance with FRTB regulations. The recipient has developed an innovative solution leveraging advanced analytics and risk modelling techniques. With comprehensive reporting capabilities, it enables institutions to generate detailed risk reports and make informed decisions. This solution’s accuracy and scalability position it as a valuable tool for institutions seeking FRTB compliance and enhanced risk management practices in the trading book.

This award acknowledges platforms, solutions, and services that enable financial institutions to monitor regulatory changes, make informed decisions, and effectively plan for required changes. The judging panel values workflow management tools that enhance compliance processes, reduce legal and regulatory risk, and improve efficiency. This category recognises initiatives that contribute to proactive regulatory compliance and enable organisations to navigate the evolving regulatory landscape confidently.

This award acknowledges solutions that effectively detect and manage conduct risk within financial institutions through advanced datasets, analytics, and innovative approaches. The judging panel seeks tools that utilise behavioural indicators and metrics to identify sources of misconduct risk, support decision-making, measure performance, and track progress. This category recognises solutions that contribute to proactive risk management and foster a culture of integrity and responsible behaviour within financial organisations.

This award acknowledges an advisory firm that excels in supporting banks in their regulatory obligations to ensure the resilience and integrity of their institutions. They provide strategic guidance, innovative solutions, and comprehensive advisory services to support the banking sector in regulatory change, regulatory reporting, risk management, and conduct and culture enhancement.

This award recognises collaborative initiatives involving regulators, industry bodies, banks and systems infrastructure, and other banking stakeholders. The judging panel evaluates initiatives that address regulatory or compliance challenges specific to bank risk, resilience or integrity. These initiatives may involve the collaborative development of new technologies, industry platforms, common practices, standards, or other projects that substantially benefit the capital markets ecosystem. This award celebrates efforts that foster cooperation and innovation, driving significant improvements and advancements within the industry.

Fraud & Financial Crime

This award acknowledges solutions that effectively balance the need for a fast and efficient customer onboarding process with robust KYC and AML/CFT compliance. These solutions incorporate screening and risk-scoring components to identify high-risk customers efficiently. The judging panel evaluates solutions based on their ability to enhance regulatory compliance, improve operational efficiency, reduce time to revenue, and enhance the overall client experience.

This award recognises solutions that assist financial institutions in conducting risk-based assessments for onboarding corporate customers, especially when dealing with complex ownership structures, beneficial ownership, and entity relationships. The judging panel evaluates solutions based on their ability to facilitate due diligence, identify potential risks, ensure compliance, and effectively manage risk throughout the customer onboarding process.

This award recognises data or technology providers that offer comprehensive and reliable data or analytical solutions to combat fraud and financial crime. By leveraging diverse data sources such as transaction data, identity verification, and watchlists, the provider empowers institutions to detect suspicious activities and enhance risk management through advanced analytics, AI, and machine learning. These technologies automate AML/CFT compliance processes, improve efficiency, reduce false positives, and identify genuine risks. The judging panel acknowledges the recipient’s commitment to compliance and providing accurate, real-time data, enabling proactive fraud and financial crime identification, detection and prevention.

This award recognises solutions that enable effective due diligence of supply chains and third parties, aiding financial institutions in identifying red flags, conducting quality investigations, and mitigating risks. Solutions include due diligence reports, safeguards for sensitive information, and comprehensive assessments of corporate structures, beneficial ownership, sanctions, PEPs, adverse media, and anti-bribery and corruption risks. The judging panel evaluates solutions based on their robust due diligence capabilities, risk mitigation features, and regulatory compliance.

This award recognises solutions that enable financial institutions to screen their customers against lists of sanctioned individuals and entities, politically exposed persons, and other relevant watchlists maintained by law enforcement and authorities. The judging panel seeks solutions that offer batch screening capabilities, configuration flexibility, and fuzzy matching algorithms to minimise the risk of missing true matches.

This award recognises solutions that assist financial institutions in assessing the risk associated with trade transactions they execute and finance. The judging panel seeks solutions that consider the nature of goods or services and the entities involved, including vessels, cities, and ports. Specialised tools for due diligence, document verification, and automation are considered, which help mitigate TBML, sanctions evasion, and trade control circumvention risks.

This award recognises a comprehensive and innovative solution that effectively detects and prevents financial crimes through advanced transaction monitoring capabilities. It combines advanced technologies, data analytics, and machine learning to analyse real-time transactional data, identify suspicious activities, and facilitate investigation and reporting. The solution seamlessly integrates with existing systems, supports various transaction channels, and stays up-to-date with evolving financial crime typologies and regulatory requirements.

This award recognises solutions that effectively assist firms in managing tax reporting obligations across multiple jurisdictions. The judging panel seeks solutions to efficiently process data, generate comprehensive reports, and perform integrity checks to ensure accurate reporting. The winning solution will showcase excellence in streamlining tax reporting processes, enhancing compliance, and facilitating efficient management of tax obligations for financial institutions.

This award recognises solutions enabling financial institutions to assess customer risk throughout the client journey, from onboarding to ongoing monitoring. These solutions centralise client relationship management, streamline compliance workflows, and comprehensively view customer information across business lines. The judging panel evaluates solutions based on their ability to enhance risk assessment, streamline processes, and support compliance efforts across the entire client lifecycle.

This award recognises innovation and effectiveness in enterprise-wide risk management, recognising solutions that excel in scoring analytics and overall management capabilities. It celebrates advancements in assessing and mitigating risks across diverse geographies, products, business models and distribution channels. These solutions empower institutions to proactively assess and mitigate risks across all facets of operations, fostering resilience and informed decision-making. Entries are judged on their ability to enhance risk assessment precision, optimise operational workflows, and bolster compliance strategies, showcasing excellence in driving holistic risk management strategies.

This award recognises an AI-powered solution that excels in identifying and detecting fraud and financial crime, significantly enhancing prevention and mitigation efforts. The solution uses advanced analytics, machine learning, and data mining to analyse vast volumes of data to identify suspicious activities and generate actionable insights. It continuously learns and adapts to evolving risks, providing real-time alerts and seamless integration with existing systems. This award celebrates its exceptional performance in improving fraud and financial crime detection effectiveness, reducing false positives and financial crime risks.

This award recognises solutions that assist financial institutions in identifying and preventing potentially fraudulent account activity. The judging panel will evaluate solutions that utilise advanced authentication and identity verification tools, real-time transaction scoring, decision-making, alert management, and user behaviour, device, and account activity monitoring. The focus will be on solutions that effectively detect anomalies and prevent real-time fraud losses.

This award recognises a solution that excels in securely verifying digital identities, biometrics, or authentication. Leveraging advanced technologies and robust verification processes, the solution will be innovative and ensure trust, security, and compliance in online transactions. With user-friendly features, seamless integration, and adherence to regulatory standards, it provides an exceptional user experience while establishing the authenticity and integrity of digital identities, biometrics, and authentication methods.

This award recognises the Best Operational Resilience Initiative or solution, spotlighting exceptional cybersecurity and systems resilience achievements. It focuses on a comprehensive approach to safeguarding organisational operations against cyber threats and bad actors. Integrating cutting-edge technologies, robust security protocols, and proactive risk management strategies ensures critical systems’ continuous protection and resilience. This initiative exemplifies excellence in maintaining operational integrity, reducing vulnerabilities, and swiftly mitigating risks, setting a high standard for cybersecurity and operational resilience.

This award recognises an investigative team or firm that has demonstrated exceptional expertise and dedication in investigating fraud and financial crime-related activities. Focusing on their ability to uncover complex schemes, provide insightful forensic analysis, and deliver actionable intelligence, the awardee will showcase advanced investigative techniques, comprehensive research, and innovative methodologies. Their significant contributions to preventing, detecting, and resolving financial crimes highlight their commitment to excellence, integrity, and thoroughness, setting them apart as leaders in fraud and financial crime investigations.

This award acknowledges firms specialising in delivering compliance training services that effectively enhance awareness and understanding of regulatory requirements within the financial industry. The judging panel seeks firms that employ innovative and engaging approaches to facilitate learning, leading to high participation rates and measurable outcomes. The winning firm demonstrates excellence in fostering a strong compliance culture and promoting a mindset of adherence to regulatory standards through its comprehensive and impactful compliance training initiatives.

This award acknowledges an advisory firm that excels in fraud and financial crime prevention. They provide strategic guidance, innovative solutions, and comprehensive advisory services to combat fraud, money laundering, corruption, sanctions avoidance and other financial crimes. Their expertise and outstanding services make them a trusted partner in preventing and detecting financial crimes.

This award recognises collaborative initiatives involving regulators, industry bodies, financial institutions, and other stakeholders in addressing regulatory and compliance challenges. The judging panel will consider initiatives that foster collaboration in developing new technologies, industry platforms, common practices, and standards. The focus is on projects that deliver broad industry benefits by collectively addressing fraud and financial crime challenges, promoting information sharing, and driving innovation in the fight against illicit activities.

The “Excellence in Fraud Awareness and Education Programme” award recognises regulators, policymakers and other institutions that have implemented an exceptional programme to raise awareness about fraud and educate individuals on preventing and mitigating fraudulent activities. The recipient has developed an innovative and comprehensive programme that equips employees, customers, and stakeholders with knowledge and skills to identify, report, and combat fraud. They continuously update their materials, employ various communication channels, and foster a culture of fraud awareness. The programme’s impact is measured through feedback, evaluation, and collaboration with relevant stakeholders.

Markets & Infrastructure

This award acknowledges stock, derivatives and other alternative exchanges that exhibit global or regional leadership, competitive advantages, innovation, and a commitment to sustainability, resilience and integrity. The judging panel evaluates exchanges based on market growth, cost-efficient operations, fair market access, and transparency. This award recognises exchanges demonstrating excellence in driving industry advancements and providing a conducive environment for market participants.

This award recognises emerging market exchanges and alternative venues that demonstrate regional leadership, competitive advantages, innovation, and a commitment to sustainability, resilience, and integrity. The judging panel will evaluate entries based on criteria such as market growth, operational efficiency, volume increases, fair market access, transparency, and the adoption of innovative practices. The award aims to honour exchanges and alternative venues that drive industry advancements, foster a conducive environment for market participants, and significantly contribute to market risk management, resilience, and integrity.

This award recognises solutions that excel in monitoring capital markets and trading to detect suspicious patterns, market abuse, and other potential misconduct. The judging panel evaluates solutions using analytics, AI, and machine learning to enhance surveillance capabilities, considering the increasing trading activity across venues and the potential for manipulative tactics to disrupt markets. Additionally, solutions that offer comprehensive features across product abuse, communications surveillance, conflicts of interest management, and personal account dealing management will be highly regarded. This award honours the best in market and trade surveillance, ensuring a secure and transparent trading environment.

This award recognises outstanding solutions designed to monitor and analyse communications to detect suspicious patterns, collusion, conflicts of interest, personal account dealings, and other misconduct risks. The judging panel will evaluate solutions based on their use of advanced analytics, AI, and machine learning to enhance communication surveillance capabilities. Special consideration will be given to solutions demonstrating comprehensive oversight across diverse platforms, including flexibility in monitoring fragmented and emerging social communication systems and effectiveness in handling cross-language and cultural references. This award celebrates excellence in safeguarding market integrity through innovative, adaptable, and effective communications surveillance solutions.

This award recognises solutions that assist financial institutions in pre- and post-trade reporting and data reconciliation across multiple asset classes and jurisdictions. The judging panel evaluates solutions based on their ability to enhance data quality, accuracy, and timeliness to meet regulatory requirements. Solutions that provide robust trade reporting workflows, including error clean-up and reconciliation, are highly regarded in this category. The winning solution should offer certainty and efficiency in trade reporting processes, ensuring completeness and adherence to regulatory standards.

This award recognises data solutions that offer accurate and comprehensive financial instrument and issuer information. These solutions provide essential data like instrument identifiers, terms, corporate actions, entity linkages, and ownership data. Judges evaluate providers based on their exhaustive and globally inclusive datasets, ensuring coverage across various markets and asset classes. The winning provider is commended for delivering reliable reference data that meets financial institutions’ diverse yet evolving needs.

This award recognises collaborative initiatives involving regulators, industry bodies, market participants, infrastructure, and other capital market stakeholders. The judging panel evaluates initiatives that address regulatory or compliance challenges specific to capital markets. These initiatives may involve the collaborative development of new technologies, industry platforms, common practices, standards, or other projects that substantially benefit the capital markets ecosystem. This award celebrates efforts that foster cooperation and innovation, driving significant improvements and advancements within the industry.

This award acknowledges an advisory firm that excels in supporting financial market participants in their obligations to ensure regulatory compliance and manage risk. The firm provides strategic guidance, innovative solutions, and comprehensive advisory services to support market participants in trade surveillance, trade reporting, risk management, and related areas.

This award recognises collaborative initiatives involving regulators, industry bodies, market participants, infrastructure, and other capital market stakeholders. The judging panel evaluates initiatives that address regulatory or compliance challenges specific to capital markets. These initiatives may involve the collaborative development of new technologies, industry platforms, common practices, standards, or other projects that substantially benefit the capital markets ecosystem. This award celebrates efforts that foster cooperation and innovation, driving significant improvements and advancements within the industry.

Digital Assets

This award recognises solutions that efficiently and reliably evaluate digital asset transactions for fraudulent or suspicious activity. These solutions integrate customer profiles into transaction monitoring, reduce manual workflows, leverage blockchain intelligence, identify links to sanctioned entities, and provide real-time alerts when suspicious transactions are detected. The judging panel evaluates solutions based on their ability to enhance compliance, automate processes, leverage advanced analytics, and ensure the integrity of digital asset transactions. The winning solution demonstrates exceptional capabilities in mitigating risks and ensuring the security of crypto transactions.

This award recognises solutions that excel in real-time surveillance and monitoring of trading behaviour and patterns in digital asset markets. These solutions should detect and prevent abusive practices, including manipulation, spoofing, quote stuffing, insider trading, and wash trading. The judging panel evaluates solutions based on their ability to capture comprehensive digital asset trading data, analyse it using advanced analytics, and generate alerts when specific criteria are breached. The winning solution should demonstrate an ability to maintain market integrity and promote fair and transparent trading practices in the digital assets space.

This award recognises a solution that provides valuable insights into blockchain data, detects anomalies, and supports forensic investigations. The recipient has developed an innovative solution with advanced analytics and investigation functionalities. It enables users to explore and analyse blockchain transactions, trace fund flows and identify potentially fraudulent activities. With visualisation tools and forensic features, the solution empowers investigators to uncover hidden connections and comply with regulatory requirements. This award celebrates the solution’s exceptional contributions to the field of digital assets.

This award recognises solutions that assist digital asset exchanges, marketplaces, ecosystems, wallet providers, and financial institutions in managing risks and fulfilling reporting requirements related to digital assets. It celebrates solutions that automate regulatory reporting and risk assessments, including counterparty due diligence and verification, facilitate data transfers across various protocols, ensure secure storage of customer information, and generate comprehensive risk and compliance reports efficiently and at scale. The judging panel will evaluate solutions based on their ability to streamline compliance processes, enhance data security, and enable seamless adherence to regulatory requirements, ensuring robust risk management and transparent reporting in the digital asset space.

This award honours an exceptional advisory firm with outstanding expertise, track record, and client service in digital assets. It celebrates the firm’s ability to provide strategic guidance, innovative solutions, and comprehensive advisory services to clients navigating the complexities of risk and regulation in the digital assets landscape. The recipient of this award has showcased a deep understanding of blockchain technology, cryptocurrencies, tokenisation, and other digital asset-related concepts, delivering exceptional value and driving the success of their clients’ digital asset initiatives.

This award recognises collaborative initiatives involving regulators, industry bodies, market participants, market infrastructure, and other stakeholders in the digital asset industry. The judging panel evaluates initiatives that address regulatory or compliance challenges specific to digital assets. These initiatives may involve the collaborative development of new technologies, industry platforms, common practices, standards, or other projects that substantially benefit the digital asset ecosystem.

ESG & Sustainability

This award recognises solutions that enable firms to comply effectively with ESG and climate-related disclosure and reporting requirements. This category acknowledges solutions that assist in aggregating the necessary data for reporting, calculating Scope 3 emissions, and generating reports aligned with TCFD and other reporting frameworks. The judging panel evaluates solutions based on their ability to streamline the disclosure process, enhance data accuracy, and ensure compliance with regulatory standards.

This award recognises data providers that excel in collecting, aggregating, and disseminating ESG information companies disclose through various channels. This category acknowledges providers that demonstrate rigorous quality control, verification processes, and comprehensive coverage of companies. The judging panel evaluates solutions based on their ability to gather ESG data from diverse sources, ensure data accuracy and reliability, and provide insightful analytics and evaluation to support sustainable investment decision-making.

This award recognises solutions that assist firms in identifying and evaluating climate risks and integrating them into risk management, capital decisions, and long-term strategic planning. This category acknowledges solutions that excel in performing macro-level analytics, portfolio evaluations, scenario analysis, quantitative modelling, and stress testing. The judging panel evaluates solutions based on their ability to provide comprehensive and accurate climate risk assessments, offer robust modelling capabilities, and facilitate informed decision-making in the face of climate-related challenges.

This award recognises collaborative initiatives involving regulators, industry bodies, market participants, market infrastructure, and other stakeholders in the ESG space. The judging panel will look for initiatives addressing ESG-related regulatory or compliance challenges. These initiatives may involve the collaborative development of new technologies, industry platforms, common practices, standards, or other projects that substantially benefit ongoing ESG and climate change efforts.

This award acknowledges exceptional advisory firms that specialise in assisting financial institutions in managing regulatory issues related to ESG matters. This category recognises firms that address data-related challenges, establish quality controls, enhance workflows and risk management, and facilitate compliance with ESG and climate-related disclosure and reporting requirements. The judging panel evaluates firms based on their expertise, innovative solutions, client service, and contributions to advancing ESG practices within the financial industry.

This award recognises initiatives that address ESG challenges and achieve objectives. This award celebrates innovation, collaboration, and effectiveness in meeting ESG requirements and expectations. The recipient demonstrates leadership through innovative approaches, cutting-edge technologies, and collaborative efforts within international and local markets. Their initiative promotes sustainability, social responsibility, and environmental stewardship while addressing industry-wide ESG challenges. This award acknowledges their outstanding contribution to advancing ESG practices and positively impacting the environment, society, and corporate governance.

Industry Awards

This award acknowledges industry associations with exceptional leadership in driving regulatory reforms, addressing compliance challenges, and promoting financial system stability. It celebrates their efforts in developing industry best practices, standards, and educational initiatives. The judging panel considers their role in connecting professionals, promoting regulatory harmonisation, and reducing the industry’s regulatory burden. The recipient association demonstrates a commitment to advancing the industry’s interests, fostering collaboration, and enhancing the overall integrity and efficiency of the financial sector.

This award recognises initiatives, projects, firms, and solutions that have substantially impacted advancing regulatory reforms to promote market integrity, financial system stability, and industry resilience. This recognition celebrates their significant contributions to improving industry practices, enhancing standards, promoting conduct and culture initiatives, and strengthening governance and risk management practices. The judging panel considers the effectiveness and impact of the initiatives in driving positive change and fostering a more robust and transparent financial industry.

This award recognises exceptional leadership and innovation in banks, financial institutions, trade associations, and regulators’ regulatory initiatives. Honouring efforts that address critical regulatory challenges, this award celebrates initiatives that promote compliance, enhance risk management, and improve transparency within the financial sector. The judging panel will evaluate projects based on their impact, scalability, and contribution to industry standards. Initiatives may include developing and implementing new compliance frameworks, adopting advanced technologies for regulatory reporting, or collaborating efforts that set new benchmarks for regulatory excellence. This award underscores the commitment to ensuring the risk management, resilience, and integrity of Asia’s financial systems and markets.

These awards recognise outstanding start-ups and early-stage ventures in the digital assets, ESG, risk & reporting, or fraud and financial crime industries. They acknowledge their impressive growth, innovation, and potential. These start-ups have developed unique products or business models, achieved significant milestones, and demonstrated strong leadership. They inspire others in the industry with a culture of innovation and collaboration. These awards celebrate their disruptive ideas, scalability, and entrepreneurial spirit as they emerge as prominent players in their respective fields. Entrants do not need to fill a submission form for this category.