The 2009 Innovator Awards

On the following pages are the stories of 11 innovations in financial IT. The solutions described on these pages range from implementing new data standards for increasing the transparency of financial data, to automating business processes, to developing components that speed the development of new insurance products, and much more. Each of these 11 winning ideas began with someone who saw a problem in the industry that could be fixed with technology, and was willing to break the status quo to try to solve it. Embarking on these projects often involved perseverance, the risk of criticism and great leaps of faith. In more practical terms, the efforts involved asking budget directors for funding for projects that were unproven, or in the case of Jaidev Shergill, our first innovator, it involved making the commitment to leave a firm like Citigroup to start something new. To the 11 winners of the Innovator Awards for 2009, we congratulate and salute you, for your inspiration, for your hard work, for your determination, and for your success.

Innovation in Personal Finance Technology
Born At Citi, Bundle Delivers a Fresh Approach

Innovation in High-Performance Computing
MetLife Boosts Processing Power, Speed and Efficiency

Innovation in Online Banking
Commonwealth Bank of Australia Redefines the Customer Experience

Business Intelligence Innovation
Raymond James Empowers Advisors with Business Intelligence Tools

Innovation in Branch Banking
Royal Bank of Scotland Introduces Customers to Experts on the Big Screen

Innovation in Insurance Product Development
Accenture’s ICC Brings Speed, Consistency and Integrity to Insurance Product Development

Innovation in Automating Insurance Applications
iPipeline’s iGO Fills in the Blanks in Insurance Forms

Data Innovation
EDGAR Online Perfects XBRL Data Management

Innovation in Underwriting Technology
Zurich Focuses on Empowering Brokers with Data

Innovation in Risk Reporting
Lab49 Adds Speed, Visuals and a Unified View to the Risk Picture

Innovation in Equity Trading
Eikos Partners Adds Configurability and Speed