The annual awards are run by the ifs School of Finance and recognise the success of innovators in the financial services industry.
The award categories covered a broad range of areas from Most Effective Insurance Initiative to Most Effective Cultural Transformation.
Over 500 people from across the financial services industry attended the awards at the New Connaught Rooms, Covent Garden, where they were entertained by comedian Hugh Dennis and TV presenter Lucy Alexander.
Chris Ray, Director of Marketing, Events and Alumni at the ifs School of Finance, said: "This year marks the eleventh anniversary of the Financial Innovation Awards, their longevity just one mark of their tremendous success in becoming firmly established as the leading awards for the financial services industry.
Sincere congratulations go to all of the winners on their tremendous success in gaining a Financial Innovation Award, a real hallmark of success."
Winners:
Most Effective Insurance Initiative: PruHealth
Best Corporate Social or Environmental Responsibility Programme: The Co-operative Financial Services
Best Marketing Initiative - New and Traditional Media: MetLife
Best Direct Channels Initiative: Barclays
Excellence in Governance Risk and Compliance: AXA Insurance
Most Effective Back Office Initiative: Lloyds TSB
Most Effective Customer Segmentation Strategy: Bank of Valletta
Most Effective Sourcing and/or Partnerships Strategy: Birmingham Midshires
Most Effective Cultural Transformation - Change Management: National Australia Group Europe
Most Effective Front Office Initiative: HBOS
Most Effective Cultural Transformation - Coaching, Training and Mentoring: Lloyds TSB
Most Innovative Application of Technology - Banks, Building Societies and Insurance: Lloyds TSB
Most Innovative Customer Service Programme: Bank of Africa - Uganda
Most Promising New Product - Savings and Wealth Management: Leeds Building Society
Most Promising New Product - Banking: Barclays Local Business
Most Promising New Product - Insurance: Fortis
Most Promising Initiative - Building Societies: Yorkshire Building Society
Technology Vendors - Most Innovative Financial Services Solution: OpTier
Best Payments Initiative: VocaLink
Wholesale and Investment Banking - Best Innovation in Risk Management and Trade Systems: Citi
Wholesale and Investment Banking - Best Innovation in Back Office: Citi
ifs Award for Innovation Excellence: Barclays Local Business
