By Andy Heong
CIMB Group was named as the “Best Bank in Asia Pacific” in the 2015 IDC Financial Insights Innovation Award (FIIA) during the recent Asian Financial Services Congress held in Singapore.
“We are honoured to receive this recognition.
“It’s a testament to the strength of our regional operations and technology platform as we compete in an increasingly borderless landscape in Asean,” said CIMB Group chief information and operations officer Iswaraan Suppiah
“We look forward to replicate similar successes moving forward, providing the best banking technology for our clients, and also helping them manage and improve their banking practices,” added Iswaraan
This award was given on the basis of how well a bank implements multiple IT systems over a period of five years.
Every year IDC Financial Insights invites banks across the Asia Pacific to nominate initiatives that warrant special recognition in the area of innovation.
These initiatives are measured by the FIIA Assessment Panel (made up of Financial Insights worldwide analyst and an independent panel of industry practitioners) with a rigorous set of matrices that look at responsiveness to the market needs, effectiveness of rollout, market take-up, and sustainability.
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