Application Deadline:
The Deloitte Financial Services Innovation Awards will showcase the strength and the success of the pioneering work in innovation by individuals and organisations within the industry across the island of Ireland.
Recognising ideas. Rewarding innovation. Making an impact.
Building on the success of our 2019 event, we’re delighted to launch the Deloitte Financial Services Innovation Awards 2021.
An innovation that delivers a new and unique banking product, service, channel to market, or partnership, or that significantly streamlines banking operations and backend processes, or that enhances the customer experience. To qualify, this innovation should be at a sufficiently advanced stage of development: i.e., user acceptance testing, ready for go-live, or post-launch.
Requirements
Applications are open to all organisations that have developed an innovation within financial services, including areas such as banking, insurance, investment management, corporate aviation, RegTech and FinTech.
Eligible organisations are those which are operating on the island of Ireland (including Northern Ireland), have been in operation for a minimum of three years, and have annual turnover in excess of €1 million/£850,000.
Each category application features three specific questions, limited to 500 words per answer. Companies may enter into more than one category.
Where the scope of an individual innovation spans multiple categories, applicants are encouraged to select the most appropriate one. If the judging panel feel that your innovation is better suited to an alternative category, your application will be moved accordingly and you will be notified of the change.
Categories:
- Product or service: An innovative product or service with distinguishing features which benefits the end-user or the financial services industry.
- Operations: An innovation in middle and back office operations which improved organisational efficiencies and/or reduces operating costs.
- Customer experience: An innovation in UX/UI which benefits customers and/or financial services institutions.
- RegTech: A technological innovation which assists companies to overcome challenges and meet key regulatory compliance obligations.
- Social or sustainable entrepreneurship: A technological innovation within the financial services sector that enhances social responsibility or sustainable aspects of a business or community.
- Learning: An organisation which fosters a culture of innovation.
- Leadership: An individual who has significantly contributed to innovation in the financial services industry and advancement of the sector – e.g. their work could be related to establishing a new innovative product or setting new standards of excellence.
- Most disruptive FinTech: A small to medium sized organisation which has disrupted the financial services industry.
Assessment criteria
- Provide a summary of the innovation developed, including objectives, plan, innovation applied, execution methods and timeline of development. (500 word limit)
- Describe how your innovation has addressed a business or industry problem, where collaboration was demonstrated and how it has delivered value to your organisation or target audience, including its distinguishing feature(s). (500 word limit)
- Demonstrate the impact of your innovation including quantitative data. Please provide examples of how innovation saves money or time, or creates value for the organisation that developed it, or its end customers. (500 word limit)
Official Website: Deloitte Financial Services Innovation Awards 2021
