We now live in a time where key technologies play a major part in our work – from AI and machine learning, to design thinking and the cloud. Central banks have an obligation and opportunity to explore the potential of new technologies as the financial sector continues evolve and adapt to growing consumer demands and complex risks. For more information about entering, please visit how to enter.
Official sector awards
Global impact award
This award will celebrate a central bank or a supervisor/regulator that has shown true innovation in its approach to harnessing financial technology. Its work will also have significance for the wider central bank community.
The award will recognise an exceptional individual or team within a central bank/supervisor/regulator who has made an outstanding contribution to facilitating the use of cutting-edge technology for the public good.
Cyber Resilience Initiative
The winning entry will explain how an initiative introduced by a central bank, regulator or supervisor has improved cyber resilience in the areas of improved detection, contingency management and overall system security.
This award will recognise a central bank’s digital currency proof of concept, pilot or roll-out, designed for the purpose of financial inclusion, payments efficiency, or transition towards a less cash-reliant society, for example.
Artificial Intelligence Initiative
This award will acknowledge a central bank, regulator or supervisor that has integrated machine learning tools and techniques into its day-to-day process in at least one area, such as forecasting, liquidity management, payments oversight, regulatory reporting or fraud detection.
The winning entry will provide details of a central bank, regulator or supervisor’s efforts to harness the safe and efficient use of private, public, hybrid and/or quantum cloud technology. Initiatives could be internal or external, for example, issuing hygiene guidelines for regulated entities.
This award will celebrate an institution that is using technology as part of an effort to analyse and/or mitigate climate risks. Examples could include developing new tools to help model and manage climate risks, or improving the depth and reliability of the green finance market.
Global technology partner
This award will recognise an organisation that has proven itself as a leader when providing technology solutions to help improve central banking or supervisory performance. Entries should include details of at least one initiative with a central bank in the fintech, regtech and/or suptech areas.
This award will be issued to a service provider for their work with central banks in the realm of central bank digital currencies (including work done before roll-out). Entrants must have partnered with at least one central bank.
Anti-money laundering technology partner
This award will recognise a technology provider whose anti-money laundering offering is demonstrably helping authorities to reduce financial crime. The winners will have partnered with at least one central bank or similar oversight institution.
Cloud solutions partner
The winning entry will explain how cloud services have enhanced business processes across the central bank, regulator and/or supervisor. Entries must include a use-case example.
Cyber security partner
This award will recognise excellence in cyber security technology, advice and/or co-operation. Entrants must provide evidence of how their offering has improved the cyber resilience of a central bank, supervisor, regulator, or a sector over which they have oversight.
Technology partner for regulatory compliance
The winning provider will be able to demonstrate how their services have helped to reduce compliance costs, assist in the transition towards standardised data and automated reporting, and help close the gap between regulatory expectation and interpretation. A demonstrable track record of aiding entities to comply with existing or newly issued regulation in a live environment is essential.
Open finance partner
This award will recognise a firm that has partnered with a central bank or similar institution to facilitate tech innovation as part of an effort to develop open finance, improving payments, market infrastructure, banking or financial services. A case example is required.