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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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Indication of coverage against your requirements. I would like to offer my personal congratulations to all of our Model Bank winners:. However, the main purpose of this report is to provide an overview of Model Bank We expect to publish the Model Bank reports on 12th April Subscription required Access to this content requires a Celent research subscription.

Employee productivity enhancements e. We appreciate that some benefits are hard to quantify, but vague statements about expected omdel from the business case will not be sufficient.

Celent does not charge any fees to banks or vendors to participate in the Model Bank process. Internet of Things, artificial intelligence and blockchain. It is awarded for best practices of technology usage in different areas critical to success in banking. Support Celent in writing the case study about your initiative. They are important initiatives to the bank and have clear business benefits, usually reducing the IT cost.

A radically different or a step change from the existing technology platform and operating model e. Contact us for more info. Model Bank winners are featured in Celent case studies. We will also email all nominees who did not win the award, typically a couple of days after we communicate results to the winners.

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These six initiatives are just a representative sample of the innovation occurring across Bank of America.

Delivering an integrated customer experience across channels. Technology or Implementation Excellence Some initiatives are noteworthy for their extreme difficulty, complexity of technology, or implementation excellence. The velent study is typically pages long and covers the following topics: Credit Suisse AG, Switzerland. Each of the award winning initiatives is published as a case study and available to Celent research clients by following the links above. The interview questions would broadly follow this outline.

An invitation to the awards ceremony A press release issued by Celent announcing and movel all the winners. Transaction banking product innovations e. While the vision remained the same, much has changed over 10 years.

Security, celenf and risk management. Please contact your Celent account manager or write to info celent. Do not submit the same initiative more than once e.

To do otherwise would mean compromising our values and risking the reputation we have taken such great care to build. The nomination process is now closed. Incumbent banks around the world are facing fundamental challenges to their core businesses.

However, being recognised as a Model Bank is great PR for both the financial institution and associated individuals. 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. However, typically, the winning initiatives deliver impressive business benefits to the FI, while also exhibiting one or more of the following characteristics: In addition, we also published an overall Model Bank reportwhich discusses how the Model Bank programme has changed over 10 years and reviews the content themes across all nominations in Contact the author Website.

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If there is a vendor involved and contact details are available, we will copy the vendor as well.

Celent will publicly announce all Model Bank award winners during the award ceremony. The whole process should not take much more than a couple of hours of your time.

Celent Model Bank Celebrating 10 Years of Model Bank | Celent

The original vision of the Model Bank program was to try to answer a set of questions: While the Model Bank process has evolved somewhat, one thing has remained constant through the years: 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.

Yes, but you must purchase redistribution rights from Celent first. If you are considering entering your initiative, you must be proud of what you achieved. We delent the right to change the number and types of the awards.

Celent Model Bank Awards

Was it an integration nightmare? Brief synopsis of the award winning initiative. A subscription is required to activate this feature.