Every year in the TMI Awards has marked a step change in the number and quality of award nominations, and 2017 was no exception, with some well-known banks and technology vendors, but some less familiar names too.
This year Citi and HSBC won a clutch of awards in the bank categories. Citi was recognised for both Cash & Liquidity and Financial Supply Chain Management in Middle East & Africa, and South America. Citi demonstrated strong year-on-year growth in both regions, excellent customer partnerships and innovative solutions to meet regional needs whilst creating regional synergies. CitiConnect® API is available across its footprint, creating proven opportunities for efficient transaction and information flows and processes.
HSBC was awarded Best Bank for Financial Supply Chain Management, in Europe, Asia Pacific and North America, and was similarly recognised for Cash and Liquidity in Asia. In Asia, HSBC has expanded in the Pearl River Delta (PRD) and ASEAN regions. In addition, it remains one of the leading banks in mainland China and Hong Kong, and is active in creating opportunities resulting from RMB internationalisation. HSBC has also reinforced its commitment to innovation and digital transformation in the region, with a proactive approach to creating solutions in partnership with clients, and collaborating in wider industry initiatives. Based on the strength of HSBC’s nominations across all regions, the judging panel were delighted to offer it the Global Award for Best Bank for Cash & Liquidity Management.
Deutsche Bank won the Cash & Liquidity management award for Europe. The judging panel was keen to acknowledge the bank’s investment in innovation, and the quality of the user experience evidenced through powerful client testimonials, including through cross-border ACH and API-enabled services. Ongoing investment in the bank’s network in Europe and beyond, and collaboration in developing best practices in cybersecurity were also key factors in the panel’s decision.