Feature
Governor of the year: Raghuram Rajan
Sharp analytical skills, decisive policy action, powerful communication and impressive leadership skills have enabled RBI governor Raghuram Rajan to lead the Indian economy onto firmer ground
Central bank of the year: Reserve Bank of New Zealand
A joined-up approach to monetary and macro-prudential policy, excellence in communication and governance, updated risk management, improved supervision and security made the RBNZ the standout central bank
Lifetime achievement award: Jacques de Larosière
Jacques de Larosière has earned a reputation as the great French international public servant, central banker and scholar of his generation
Economics in Central Banking: Claudio Borio
The Bank for International Settlements’ economics head secures win for his work applying the concept of ‘excess financial elasticity’ to the international monetary and financial system
Transparency award: Czech National Bank
After speeding up its communications procedures, expanding into social media and creating an online blog for senior policy-makers, the Czech National Bank has taken transparency to a new level
Reserve manager of the year: South African Reserve Bank
Adapting its management of growing reserves using innovative approaches that do not compromise on long-standing values has enabled sub-Saharan Africa’s biggest reserve manager to enter the top ranks
Website of the year: Bank of Canada
The central bank has not only successfully increased its online presence in 2014, but it has also actively passed on its expertise to the central banking community
Sovereign investor of the year: Norges Bank Investment Management
The manager of the world’s largest sovereign wealth fund offers ever greater levels of transparency coupled with enviable returns with its strategy to diversify into real estate is paying dividends
Asset manager of the year: BlackRock
BlackRock’s cohesive framework, combined with unrivalled geographic, asset class and investment-style capabilities, enable it to remain the pre-eminent asset manager for sovereign institutions
Foreign exchange dealer of the year: Standard Chartered Bank
The emerging markets specialist has played a pivotal role in assisting central banks and sovereign funds to diversify their holdings into emerging market currencies
Global custodian of the year: State Street
Servicing a diverse set of clients on multiple continents, State Street’s capabilities were amply demonstrated by its win of the National Pension Service equities custody mandate in South Korea
Payments and market infrastructure provider of the year: Eurex Clearing
The German company is driving efforts to help the derivatives industry meet new regulatory requirements, while also improving cross-margining services and bolstering its risk management capabilities
Technology provider of the year: Polaris
The Indian technology company’s flexible platform can be tailored to a remarkable range of operations, including helping central banks such as the RBI to upgrade and automate core banking systems
Consultancy and advisory services provider of the year: SkySparc
Skysparc has helped to test and upgrade treasury management systems at major European central banks, proving instrumental in helping tackle growing volumes of securities transactions and cashflows
Banknote and currency services provider of the year: Innovia Security
A consistent, collaborative approach in a wide range of countries, including Canada and the UK, has enabled the polymer pioneer to stay ahead of its peers on banknote service provision
Dealing with an age of turbulence in emerging markets
Nigerian deputy governor details the options available to emerging markets when reacting to changes in developed-world monetary policies and associated fund movements
The ECB's approach to central banking without data borders
Data sharing and access to confidential information – on a need-to-know basis – remain a legal, cultural, technical and organisational challenge at the ECB and elsewhere, writes Aurel Schubert
Assessing credit risk post-crisis at a central bank
Eric Wolfe explains how the Bank of Canada has developed its own credit assessment processes to avoid mechanistic reliance on credit rating agencies.
Czech currency intervention and forex reserves
Michal Skorepa and Mojmír Hampl explain how the Czech National Bank’s activities have directly and indirectly affected the value of the koruna, including the impact of direct interventions in 2013
The global financial architecture is broken
Central banks have taken over from Bretton Woods institutions in a multipolar world where actors are increasingly fearful of dealing in G-4 currencies, writes Andrew Sheng
The value of ETFs to central bank reserves managers
Exchange-traded funds have emerged as a means for reserve managers to gain access to new exposures and markets, but are they fit for purpose?
Bank rules and their impact on inequality
Banking regulation has a profound effect on levels of long-term financial inclusion around the world; US engaged in a failed ‘lottery ticket’ effort by the US to offer housing to the poor.
The viability of a commercial approach to central bank communication
Will the prevailing trend for central bank communications to mimic those of commercial entities and political parties stand the test of time?
The story of Central Banking
Founder Robert Pringle recalls how after a slow start Central Banking achieved lift-off