Bermuda Commercial Bank Wins IT Award
Bermuda Commercial Bank Limited announced today [Feb. 23] it has been named a winner of the 2011 Kinetic Process Innovation Award for excellence in the Banking Technology category.
Now in its 14th year, the awards programme recognises excellence in information technology and this year is sponsored by “High Tech Views”, an online publication that spotlights technology innovation.
“Presided over by a panel of respected industry experts, the awards submissions this year were exceptional and very difficult for our judges to make the final choices,” said Drew Barrows, deputy editor of “High Tech Views”. “Bermuda Commercial Bank’s unprecedented application of banking technology illustrated best practices in achieving compliance and mitigating transactional risks.”
This year’s entries, in a variety of categories, exemplified best practices and creative use of technologies.
“We are proud to be recognised for our efforts in strengthening our compliance practices and implementing the right mix of best practices and technology to safeguard against transactional risk for our commercial, corporate, and high net worth banking customers,” says Horst Finkbeiner II, Bermuda Commercial Bank director and Chief Operating Officer.
The Kinetic Process Innovation Award programme was founded by Kinetic Information LLC in 1996. Awards focus on the business benefits user organisations derive from their technology systems. Winners are selected by a panel of experts consisting of independent professional consultants who are recognised authorities in their fields.
Bermuda Commercial Bank Limited is one of the island’s four licensed banks, established in 1969 and regulated by the Bermuda Monetary Authority. It is Bermuda’s only bank focused purely on corporate and private wealth clients.
