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Finalists Announced for Scottish National Financial Services Award

Andrew Hamilton

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Scottish National Financial Services Award

Innovation in technology and contribution to the economy are common themes among the finalists.

Five firms have been shortlisted in the Scottish National Financial Services Award 2017, one of which will be crowned at a dinner ceremony hosted by the Scottish Financial Enterprise (SFE) on Thursday 26th October. The event will be the largest the SFE has held in its 31-year history, and will celebrate the outstanding successes of Scottish firms in financial industries. The inaugural Rising Star Award will also be awarded at the dinner.

Insurance brokers Clark Thomson won the award last year for its role in financial decentralisation and achieving outstanding growth. Previous winners include: the Royal Bank of Scotland; Tesco Bank; Standard Life; Journalist Bill Jamieson and Aberdeen Asset Management.

Here are 2017’s finalists:

  • Avaloq, for providing state-of-the-art banking mobile and web banking solutions, helping place Edinburgh at the forefront of fintech adoption
  • Castlight, for the company’s very successful track record in supplying digital tools to its financial partners
  • FreeAgent, for leaping from startup to IPO in 10 years, and becoming one of the UK’s most successful FinTech firms
  • HSBC Bank, for its delivery of sustainable growth in the Scottish economy and financial services sector
  • Nucleus, for its innovative tech-based business model, which has helped to forward asset management and asset servicing

SFE have also introduced a new award this year to recognise rising stars who have demonstrated outstanding potential and development in the early stages of their career.

The four finalists for Rising Star Award are:

Graeme Jones, Chief Executive of Scottish Financial Enterprise, said: “We are experiencing a revolution in Scotland where tradition and technology are colliding to create an innovative financial services ecosystem. It is great to see this reflected in the 2017 finalists for the Scottish Financial Services Award, from ambitious startups putting Scotland on the FinTech map to long-standing firms creating sustainable growth for our economy.

“The wealth of talent in our industry is staggering and nurturing the next generation is key, which is why we have introduced the Rising Star Award to this year’s proceedings. Congratulations to the four finalists who prove the future is very bright for financial services in Scotland.”

Sue Dawe, Head of Financial Services at EY in Scotland, said: “This year’s list of finalists again reflects the breadth and strength of our industry in Scotland. The new Rising Star Award is a fantastic commitment from SFE to identify, celebrate and support Scotland’s financial services leaders of tomorrow. From what I’ve seen of the finalists, the industry’s future looks an exciting one. I am delighted that EY is once again sponsoring these awards.”

Andrew Hamilton

Andrew Hamilton

PR & Content Executive at Hutchinson Networks

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