THE COMPANY AWARDS

THE COMPANY AWARDS

Honoring the best of the best in Affluent Banking

The mass affluent space is growing faster than ever and its share of global wealth is even more than the high net worth. However, these customers remain oversold and underserved. The BENCHMARK Wealth Management Awards – Affluent Client category is designed to assist mass affluent customers identify providers who put them in the forefront by adopting highest commitment to governance, client servicing initiatives, product offerings and implementation of technology.

THE THREE INDUSTRY SEGMENTS

Crossing every spectrum of wealth management needs


AFFLUENT CLIENT
Retail banks and advisers of wealth management for affluent clients.

INSURANCE
Wealth Protection being an important pillar to managing wealth

PRIVATE BANKING
Meeting the emerging wealth of clients in the region.

ASSESING THE BEST PRACTISE STANDARDS OF INDUSTRY PLAYERS

Categories customized along the 5 pillars of Products, Governance, Customer Care, Digital, and Marketing

AWARD CATEGORIES

360° Assessment of a Bank’s Capability

PRODUCT MANAGEMENT

DIGITAL DEPLOYMENT

GOOD GOVERNANCE

CUSTOMER EXPERIENCE

MARKETING & BRANDING

COMPANY OF THE YEAR

DURING THE COMPETITION

Engaging professional veterans, industry peers and customers – throughout all stages of the competition

SUBMISSION

All submissions will be reviewed by BENCHMARK first to screen out those who haven’t met the basic requirements. Then the short-listed finalists will be sent to the judging panel for assessment.

PUBLIC VOTING

This process welcomes staff engagement to the awards. Companies shortlisted for these awards will be allowed to display a link on their websites to invite the public and their peers to vote for them.

EMPLOYEE'S ENDORSEMENT

For a few respective categories, employees are asked to offer endorsements on an anonymous basis, and providing comments and input where the employers can improve.

BEST IN CLASS

Based on the aggregated scoring at multiple stages, a maximum of three finalists will be shortlisted to compete for the Best-in-Class title. Runners up are awarded the Outstanding Achiever title. Please note that some categories have only one winner.

COMPANY OF THE YEAR

Based on the judges’ aggregated scoring, a maximum of THREE finalists will be shortlisted to compete for the Company of the Year title. Judges will consider overall achievement between different categories and overall leading scoring

COMPANY OF THE YEAR

3 shortlisted Providers to compete for the highest honor of the Year

1. Number of wins

Calculating the total number of Categories and the variety

2. Quality of wins

Illustrating the winning margins as Best-in-Class and the next Runner(s) up within their respective categories’

3. Public voting

Measuring netizens perception of the bank and their engagement with the brand

Judges discretions & votes

Judges exercising his/her own discretions and assessing the overall performances and will cast their votes by order of preferences – 5 being the highest. The company with the highest score will be named Company of the Year.