Finance Innovation Awards Russia
National Award of Innovative Technologies for Financial and Insurance Companies
About competition
The Finance Innovation Awards Russia competition was established in 2024 by the international technology community Spectrum350, leading IT companies and banks of Russia.
Purpose of the Finance Innovation Awards Russia
The Purpose of the Finance Innovation Awards Russia is to:
Recognize
Russian and international companies developing innovative technological solutions for the financial and insurance sectors, as well as banks and insurance companies actively implementing such products.
Communicate
Best on market solutions and cases to Spectrum350 members and partners, and professional community in Russia and abroad.
Establish
The process of continuous experience exchange and the unification of competencies among our members. To provide access to the best global and regional practices in fintech innovations.
Awards application process
The Finance Innovation Awards Russia application process includes 3 steps:
ENTRY PROCESS
Each nominee should complete an application form and send it together with the supplemental documentation by email: awards@spectrum350.events, and pay an entry fee.
The entry fee depends of the time company applying - the earlier you apply, the less you pay:
Special Promotions and Conditions:
Project entry criteria for The Finance Innovation Awards Russia'24 competition:
Final Entry Deadline: October, 31 2024.
The entry fee depends of the time company applying - the earlier you apply, the less you pay:
- Sept.,03 - Oct., 31 2024 - “Regular” - RUR 99.000.
Special Promotions and Conditions:
- "Правило 2+1" - Every third application from the same company is submitted to the competition without paying the entry fee.
- "Лояльность" - A 5% discount for any company that has previously participated in any competition conducted by Spectrum350.
- "Leadership" - A 10% discount for companies submitting 5 or more applications to the competition.
Project entry criteria for The Finance Innovation Awards Russia'24 competition:
- project implementation / product rollout must have gone live and be actively used by the business or company between 2 and 15 months before the award submission (Jan.,01 2023 - June 30 2024);
- both customers and Implementation partners (or agencies) on behalf of customers may apply;
- each nominee may apply in several categories.
Final Entry Deadline: October, 31 2024.
EVALUATION CRITERIA
The following criteria weighting will guide the jury during judging rounds.
For products each entry is evaluated on:
For products each entry is evaluated on:
- Product Functionality (30%).
- Competitive advantages (20%).
- Business benefits (50%): What business benefits have been achieved as a result of the implementation?
- Project Concept (30%): How strong, breakthrough, unique and relevant is the concept?
- Creativity (20%): How engaging is the entry?
- Business benefits (50%): What are the quantitative indicators confirming the success of the project.
THE JUDGING PROCESS AND AWARDS
Secret ballot of the Jury board will take place between Nov.,01 - Nov.,04 2024, followed by short list of The Finance Innovation Awards Russia announce.
In controversial situation nominee may be invited to present his project to a jury board in a 30 minute webcast session.
Finally for each category only first winners will be named.
The Award Ceremony will be held on November 07, 2024 in Moscow, Russia during "Future Finance'24" conference.
In controversial situation nominee may be invited to present his project to a jury board in a 30 minute webcast session.
Finally for each category only first winners will be named.
The Award Ceremony will be held on November 07, 2024 in Moscow, Russia during "Future Finance'24" conference.
Benefits of Participation
- Industry Recognition
Spectrum350 technology community, established in 2013, already unite over 3000 companies and 15000 professionals from 17 countries, developing global technology industry.
- PromotionWinning cases will be profiled in The Finance Innovation Awards Russia Annual, which is distributed digitally thru Spectrum350 and media-partners network, including web-sites, social networks and e-mailings. Additionally each winner will become a presenter on our next annual Future Finance conference.
- Hall of Fame and Commemorative AwardWinners will be celebrated at an Awards show in November 2024 in Moscow, Russia.
The winning work will be archived online in The Finance Innovation Awards Russia Hall of Fame.
FOR ADDITIONAL INFORMATION: