Central Banking Awards 2021
The Central Banking Awards 2021 virtual ceremony
View the trophy presentations and acceptance comments from the winners of the eighth annual Central Banking Awards
Risk manager: National Bank of Georgia
Liquidity stress tests provided confidence to ease daily thresholds, and offer exchange rate, internal market and financial system support, without forcing the liquidation of illiquid reserves
Treasury systems initiative: Refinitiv
Firm’s data-driven approach is helping central banks stay ahead of fast-moving markets
Initiative of the year: Saudi Central Bank’s business continuity programme
Advanced planning allowed Sama employees and systems to continue operating critical functions despite Covid-19 lockdowns
Risk management technology: Ion Treasury
Firm has championed Libor transition services and assisted the management of reserve positions amid Covid 19
Economics in central banking: ‘Patterns in invoicing currency in global trade’, Emine Boz, Camila Casas, Georgios Georgiadis, Gita Gopinath, Helena Le Mezo, Arnaud Mehl and Tra Nguyen
An extensive data-gathering exercise allowed the authors to shed new light on critical aspects of policy-making in a globalised world
Central Banking Awards 2021: third round of winners revealed
Awards go to central banks and market practitioners for payments, market infrastructure and currency
Currency services: Crane Currency
Firm supported clients’ needs throughout pandemic, while continuing to innovate with launch of micro-optic security features
Financial market infrastructure services: Bloomberg
Bloomberg’s responsive deployment of new liquidity capabilities helped emerging-market central banks cope with pandemic market disruption
Payments and market infrastructure development – wholesale: Reserve Bank of New Zealand
NZ central bank has embraced major payments infrastructure changes to reduce risk and future-proof country’s payments landscape
Payment services: ACI Worldwide
ACI has emerged as an important provider of real-time digital payments software
Currency initiative: The ECB and US Federal Reserve’s CDI2 standards
The pair has created an important new technical standard to support more efficient cash management
Currency services initiative: CCL Secure
The banknote substrate provider is making a concerted effort to reduce its environmental impact
Currency manager: National Bank of Ukraine
Decisive actions to cut currency denominations while upgrading notes and coins are starting to pay off
Payments and market infrastructure development – retail: Central Bank of Hungary
Strict implementation rules and unique operational setup supported e-payments shift during pandemic
Lifetime achievement: Charles Goodhart
LSE and BoE veteran has influenced central banking policy practices and frameworks all around the world
Website: Central Bank of the Philippines
BSP says its website’s mobile-friendly design and chatbot has boosted effectiveness of communication
Transparency: National Bank of Georgia
Georgia’s central bank has improved monetary policy, financial stability and consumer protection communications
Advisory services: Oliver Wyman
The consultancy has built a reputation for analytical excellence and governance expertise
Collateral management services: Calypso Technology
US-headquartered tech company has helped develop “new backbone” of the Swiss financial market
Communications initiative: Bank of Portugal
Launch of two mobile apps marked the final steps to redesign digital communication channels