Central Banking awards
Risk management technology: BlackRock’s Aladdin Risk
ESG feeds into integrated position reports, customised benchmarking and robust scenario analysis assist prudent reserve management
Specialised lending initiative: BNP Paribas Securities Services
Technology platform improvements have resulted in faster, safer and more tailored securities lending services to its central bank clients
Central Banking Awards 2022: third group revealed
Awards recognise payments, currency, regulatory technology and financial market infrastructure
Payments and market infrastructure development – retail: Central Bank of Brazil’s Pix
The implementation of the Pix real-time payment system in Brazil was a runaway success in terms of payment activity, innovations and inclusion
Payments and market infrastructure development – wholesale: Reserve Bank of India
The RBI’s work on its 24/7/365 RTGS can serve as a model and possibly as the bedrock for an international RTGS that operates around the clock
Financial stability initiative: ECB’s SSMnet
Online tool fosters cohesion, agility and effectiveness for supervisors working across member institutions of the European Single Supervisory Mechanism
Currency initiative: Central Bank of the Philippines’ Cash Service Alliance
Homegrown IT system allows Philippine central bank to direct cashflows between banks during Covid-19
Currency manager: Central Bank of Costa Rica
New banknotes and coins combine environmental protection, aesthetics and security
Payment services: CMA
The Swedish payments firm is well known as a provider of core infrastructure for central banks, and is now a key player in a new payment system linking the Arab world and beyond
Currency services: De La Rue
Printing doyen expanded capacity, functionality and market share amid corporate turnaround
Technology services – regulatory: Regnology
The regtech/suptech provider continues to innovate, securing major new contracts with central banks and regulators
Financial market infrastructure services: SIA
The Italian company impressed with its multi-year work on the ‘big-bang’ implementation of Canada’s new RTGS
Central Banking Awards 2022: second tranche announced
Awards published today include capacity building, communications, website and global markets
Communications initiative: Bank of Jamaica
‘Centrally Speaking’ underpins not just education, but monetary policy
Outstanding contribution for capacity building: Peter Nicholl
Governor of Bosnia’s central bank helped rebuild an economy ravaged by civil war
Website: Central Bank of Eswatini
The southern African central bank has made significant improvements to its website service
Global markets: HSBC
The bank’s long-term commitment to clients and its wide range of expertise shone in 2021 as central banks navigated the aftermath of the Covid-19 shock
Collateral management services: Vermeg
The firm has added another G7 central bank to its list of clients, and is immersed in a major project to build the eurozone’s new collateral management system
Advisory services: Kroll
The US firm shed light on the ‘missing banknotes’ scandal in Liberia, and is now working with the central bank to overhaul its cash operations
Central Banking Awards 2022: first winners unveiled
Governor of the year, Risk manager, two Green initiative awards and more announced today
Risk manager: Bank of Portugal
The eurozone central bank has completed a multi-year project to develop its risk appetite framework.
Green initiative – regulatory: Banque de France and ACPR
The French central bank and prudential regulator created an innovative stress-test methodology
Green initiative – operational: Eastern Caribbean Central Bank
The ECCB installed its own solar farm in effort to become carbon-neutral
Governor of the year: Mario Marcel
Chile’s governor has expertly navigated a third currency crisis in two years, amid wider EM stress and political volatility, while bolstering the central bank’s capabilities