A panel of judges will be appointed to assess entries. The judges will represent a cross section of experts from the private and public sector (e.g. venture capitalists).
Entries will be assessed on a 25-point scale on the following:
Impact (5 points): Considerations include productivity, profitability, user experience, risk management, knowledge-transfer, and applicability beyond the financial sector.
Practicality (5 points): Examples include ease of implementation, scalability, and cost- effectiveness.
Interoperability (5 points): Ability for the solution to interface with other systems.
Uniqueness & Creativity (5 points): Extent to which the solution differs from the status quo. One possible dimension could be through the approaches/technologies used to address specific problem(s). Examples include, but are not limited to APIs, big data, biometrics, blockchain, virtual reality, internet of things, machine learning, artificial intelligence, credit scoring, predictive analytics, quantum processing, risk profiling, and smart contracts.
Sustainability (5 points): Maturity of sustainability performance including companies' sustainability ambition, level of integration for sustainability activities and companies' ability to innovate to provide sustainability solutions.