CELENT MODEL BANK PDF

CELENT MODEL BANK PDF

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 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. It is an annual program celebrating its 12th anniversary in The nomination process is now closed. Forwe are again looking for nominations across five broad areas: Initiatives aimed at improving customer experience, across all channels digital and physicalfor retail and corporate customers.

New products for retail and corporate customers, or significant improvements to existing ones. Initiatives aimed at improving internal efficiency and risk management. Improving capability to innovate and experimenting with new technologies. Celent Model Bank Awards Overview 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.

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It is an annual program celebrating its 12th anniversary in The nomination process is now closed. The nomination must be submitted by a Financial Institution e. We welcome technology vendors to encourage their FI clients to participate, but vendors themselves are not eligible for an award. The FIs are welcome cdlent submit multiple nominationsbut they must be substantively different.

Previous winners | Celent Model Bank Awards | Celent

Do not submit the same initiative more than once e. There is no fee to submit the nominations. We plan to recognise one institution as the overall Model Bank of the Year and up to 25 winners of specific awards. We reserve the right to change the number and types of the awards. The FIs do not have to specify which award they are applying for. We judge the initiatives on three evaluation criteria: Celent will work with each winner to publish a case study of their winning initiative, which will be available for Celent Banking research subscription clients.

The FI will have the opportunity to review and approve the draft before publication. For more information, please review our extensive FAQ section. If you still have any questions, please contact us at modelbank celent. Nomination categories Customer Experience Initiatives aimed at improving customer experience, across all channels digital and physicalfor retail and corporate customers.

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Innovative functionality enhancements for consumer digital platforms e. Online portals and mobile tools for corporate customers. Creative use of physical resources e. Delivering an integrated customer experience across channels. Deploying innovative technologies that enhance customer experience e. Products New products for retail and corporate customers, or significant improvements to existing ones.

Celent Model Bank Awards

Transaction banking product innovations e. Lending and other products. Operations and Risk Initiatives aimed at improving internal efficiency and risk celet. Data analytics to support decision-making e. Employee productivity enhancements e. Security, fraud and risk management. Legacy Transformation Large scale transformation of legacy platforms. Payments back office replatforming e.

Deploying new technologies and delivery models e.

Emerging Technology Improving capability to innovate and experimenting with new technologies. Interesting pilots and proofs-of-concept with emerging technologies e.