Asia Risk Awards 2019 Categories
Regulator of the year:
This category aims to recognise the best regulator in the Asia-Pacific region. With agreement now almost secured in the post crisis regulatory agenda across the globe, the focus shifts to implementation. We will focus on the regulator that is ahead of the game, has been proactive instead of reactive when it comes to acting against any excessive risk build up and one which takes a balanced approach in allowing just the right amount of risk appetite to encourage innovation while at the same time ensuring market integrity remains intact.
HOUSE OF THE YEAR
- Derivatives House of the year Asia ex-Japan
- Derivatives House of the year Japan
- Regional Institutional Derivatives House of the year
- Regional Corporate Derivatives House of the year
Banks nominating themselves for Asia Risk’s Asia-ex Japan, Japan and regional house of the year awards should be strong in at least three asset classes. Case studies supporting how the bank has met client needs are very important. Equal weight will be placed on examples of smart risk management and the structuring of investment products. Evidence to back up claims, in the form of client references, will be vital to success – what your clients say about you is one of the most important parts of the process.
ASSET CLASS HOUSE OF THE YEAR
- Credit derivatives house of the year
- Currency derivatives house of the year
- Equity derivatives house of the year
- Interest rate derivatives house of the year
- Corporate derivatives provider of the year
- Structured products house of the year
- RMB house of the year
The criteria for the individual asset class awards is the same as for the house awards mentioned above, except this time, market leading structuring and risk management will be judged at a product level.
- Bank risk manager of the year
This award appreciates the achievement of an institution’s risk management leadership. It recognises an individual’s role in augmenting the risk management function of the institution. Applicants should outline the bank’s risk management processes, policies and systems, and describe any improvements made to the risk function over the past 12 months. Of particular importance is how the risk management function fared during periods of market stress.
- Quant house of the year
The Asia quant house of the year award will go to the financial institution that has proposed the most innovative and efficient quantitative solution in Asia. Both buy-side and sell-side quantitative models are eligible, as long as they are currently applied within the pitching financial institution or its clients. Models may pertain to any area of quantitative finance.
Entries should be in the format of a scientific paper or a presentation and need to be sufficiently detailed for the judging panel to evaluate the merit of the proposed method. It is advisable to include numerical applications or case studies to support the validity of the solution. Where applicable, clients will be consulted.
- Asset manager of the year (long only), systematic investing
This award is given in recognition of a firm’s success in applying evidence-based systematic investment techniques to deliver good risk-adjusted returns. The emphasis is on the firm’s approach and research – not only performance – and may highlight creativity, robustness, technical rigour and technological innovation.
- Deal of the year
To reflect the growing importance of risk solutions at work, this category will spotlight individual client engagements. Pitching banks should present a case study that highlights creativity, teamwork and a good outcome for the client – the resulting risks must be shown to have been managed appropriately.
- Derivatives exchange of the year
- Collateral manager of the year
- Custodian of the year
- Securities house of the year
- Clearing house of the year
- Clearing bank of the Year
- Private bank of the year
- Market maker of the year
- Index provider of the year
- ETF provider of the year
This section of the awards recognises best practice in providing services to banks and other financial institutions in relation to derivatives and risk management. Submissions should focus on case studies that demonstrate innovation and volume of business conducted over the last 12 months.
- Hong Kong
- South Korea
The country house awards are looking for best practice in both risk management and derivatives use. For advanced economies, such as Australia and Singapore, or those with burgeoning derivatives markets such as South Korea and Malaysia, winners will be required to demonstrate an ability to manage complex structures. For the other countries how firms have managed liquidity and credit risk management requirements are more likely to be the key differentiators.
Technology Categories (adjudged by a panel)
- Technology vendor of the year
- Market risk management product of the year
- Market liquidity risk product of the year
- Counterparty risk product of the year
- XVA solution of the year
- Initial margining product of the year
- IFRS9 product of the year
- IFRS 17 Solutions Provider of the year
- Front office pricing analytics
- Pricing and trading system – cash
- Pricing and trading system –derivatives
- Buy-side market risk management product of the year
- Buy-side trading system of the year
- Buy-side best execution product of the year
- ALM product of the year
- Market data vendor of the year
- Cloud solution provider of the year
- Risk data repository and data management product of the year
- Best vendor for system support and implementation
- Collateral management product of the year