Bank of America is Celent’s Model Bank of the Year Celent has awarded its Model Bank of the Year to Bank of America for its efforts to. While Celent’s vision of Model Bank remains constant, much has changed over ten years. We look back at the history of Model Bank and its. NEW YORK–(BUSINESS WIRE)–Celent, a global financial services research and advisory firm, today announced that MoneyLion – the.

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We intend to run the Model Bank programme again later this year, so keep an eye on the announcements when the new submissions window opens. BankingCorporate BankingRetail Banking.

Incumbent banks around the world are facing fundamental challenges to their core businesses. Degree of Innovation This measure looks at how innovative the initiative is in using technology to improve sales or service results, reduce risks or costs, or celebt business processes. Credit Suisse AG, Switzerland. Yes, absolutely, we encourage you to submit all the initiatives that you are proud of.

A subscription is required to activate this feature. In addition, we ask all award winners to support us by: Was it an integration nightmare? Contact us for more info.

However, being recognised as a Model Bank is great PR for both the financial institution and associated individuals. Contact us for more info. Transaction banking product innovations e. Make sure it comes across in your submission form.

Winners of the Model Bank Awards | Celent

Identify relevant executive s for case study interview s within one week of the original email. The analyst will be identified and introduced to you via email informing that your initiative has won the award. What can other banks learn from these initiatives? What are the future plans — e.

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We reserve the right to change the number and types of the awards. Application delays inevitably delay the judging process and are unfair to all participants. We will send an email to the individuals with contact details on the submission form.

Undoubtedly, the highlight was attending Celent’s Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. During the Banking track we presented Model Bank awards, and discussed the winning initiatives and why they stood out from all others.

Model Bank Programme Has Changed Significantly in 10 Years Contrary to our approach in recent years, in we introduced specific named Model Bank awards with only a single winner for each award. Model Bank of the Year is not a specific category and banks do not nominate themselves for this award.

Celent Model Bank Awards

Confirm the executive that will accept the award. We want to see a very clear impact on customers, i.

We expect to publish the Model Bank reports on 12th April Market and competition, or anything else relevant to understanding the case study. The nomination process is now closed. He or she should be your first port of call for any additional questions you might have about the Model Bank program. Yes, if requested, we can share a draft copy of our press release.

Award winners are in great company and are proud of such association. Technology or Implementation Excellence Some initiatives are noteworthy for their extreme difficulty, complexity of technology, or implementation excellence.

Initiatives aimed at improving customer experience, across all channels digital and physicalfor retail and corporate customers. There is no fee to submit the nominations. We ask that you keep the news under embargo until we publicly announce all Model Bank award winners. Over the years, our Model Bank program has grown increasingly popular with financial institutions and has become fiercely competitive.


Craig Weber, Celent CEO, opened the day by presenting compelling evidence that financial services are more important than many celebrities. The whole process should not take much more than a couple of hours of your time. Celent Model Bank is awarded for best practices of technology usage in different areas critical to success in banking, and is the main award that a financial institution FI can receive from Celent.

The nomination process is now closed. I would like to offer my personal congratulations to all of our Model Bank winners: Overview Brief description of the company, usually from corporate literature.

Did you roll it out around the world? Instead, each case study is published as a separate report and available by clicking on the corresponding links from this page.

We hope and expect a similar level of competition again this year. We plan to recognise one institution as the overall Model Bank of modwl Year and up to 25 winners of specific awards.

Previous winners | Celent Model Bank Awards | Celent

If you are not a client, we can share the report featuring your case study upon request. Subscribers should sign in to access this research. Contact us for more info. We reserve the right to revisit the celnet during the judging process and there is no guarantee that the awards will be same in future years as in the past. Business Benefits The most important of the three evaluation criteria.

A subscription is required to activate this moedl.

However, it is much harder to demonstrate the direct impact on customers, and as a result, we no longer recognise such initiatives with a Model Bank award.