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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Celent will publicly announce all Model Bank award winners during the award ceremony. A subscription is required to activate this feature. Winning the Model Bank award gives the institution a number of privileges including: Contact us for more info.

Winner Award Alior Bank S.

Winner of Model Bank of the Year: Bank of America | Celent

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. Supplying any available visuals e.

However, we never give preference to clients in the selection process, and always ensure that Celent was not directly involved in the creation or deployment of any of the initiatives that have been recognised. National Australia Bank, Australia. Creative use of physical resources e.


If you are considering entering your initiative, you must be proud of what you achieved. Legacy Transformation Large scale transformation of legacy platforms.

Was it an integration nightmare? We expect competition to be fierce, and by fragmenting your platform functionality into discrete components, you run the risk mdoel none of them individually will be strong enough to win. The programme then split into parallel Banking, Insurance and Wealth and Asset Management tracks before reconvening again to close with celeent series ceent debates between Celent analysts on three topics: 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.

Inwe found a small number of initiatives noteworthy not only for their innovation but also for their simplicity.

We also reserve the right to introduce additional awards. We welcome additional materials to supplement a well-written application.

Introducing Celent Model Bank Awards | Celent

As regular readers of this blog know, this year we introduced specific named awards with only a single winner for each award. Delivering an integrated customer experience across channels. There are no specific criteria for Model Bank of the Year.


If you expect that you felent not be able to submit your nomination in time, please contact modelbank celent. However, typically, the winning initiatives deliver impressive business benefits to the FI, while also exhibiting one or more of the following characteristics: Size can, in fact, be an advantage, particularly when it comes to the amount of resources available to enhance digital products. We ask that you keep the news under embargo until we publicly announce all Model Bank award winners.

Indication of coverage against your requirements.

Celent Model Bank Awards

Inwe had over applications and recognised 25 institutions with celrnt award. Application delays inevitably delay the judging process and are unfair to all participants.

However, in exceptional circumstances, we may allow extra few days to submit an application. The analyst will be identified and introduced to you via email informing that your initiative has won the award. Instead, each case study is published as a separate report and available by clicking on the corresponding links from this page. The whole process should not take much more than a couple of hours of your time. Nomination categories Customer Experience Initiatives aimed at improving customer experience, across all channels digital and physicalfor retail and corporate customers.


Every year we suggest five to eight categories and invite banks to nominate their technology initiatives. Yes, all information shared with Celent cellent part of the Model Bank submission will be treated as confidential. 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 improve business processes.

Yes, with one important exception. What were the biggest challenges? Employee productivity enhancements e. Business Benefits The most important of the three evaluation criteria.

Ban, so, we want to hear about it, and such an initiative will score highly on this dimension. We will send an email confirmation to the manager and, if applicable, vendor contacts listed on the submission.