Accelerating AI-Powered Digital Financial Services Evolution

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Guide banking and finance leaders on how to power through the AI everywhere era

According to a recent IDC report*, software investments will significantly shape the future of digital spending by Asian banks at a projected 21% CAGR by 2027. This increase is attributed to the need for big data and analytics (BDA) and artificial intelligence (AI)-powered solutions to help banks improve decision-making and create hypersonalised banking experiences.

IDC Asia/Pacific proudly announces the winners of the 2025 Financial Insights Innovation Awards (FIIA), recognizing outstanding achievements by financial institutions that are shaping the future of banking, insurance, and capital markets through bold, technology-driven transformation.

 

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AFSC the past 6 years

* Based on AFSC at The Next Big Thing 2024 – Singapore Event

  • 3,000+ BFSI attendees

  • 10+ APAC countries

  • 20+ Years of track record

  • 59% Enterprise companies*

Key themes

  • Preparing the core for a digital ecosystem

    What is the right strategy – multiple cores vs migration?

  • Artificial Intelligence (AI) Applications

    Realising AI dividends

  • Cloud strategy for a digital, resilient world

    Evaluating hybrid cloud and distributed databases for addressing compute power restrictions

  • Preparing trade finance for de-dollarisation

    Digital payment systems to support multi-currency transactions and cross-border payments.

  • Data orchestration

    Where will alternate data and synthetic data fit in?

  • Building equity through operational resilience and reducing business disruption

    How to enhance trust in financial services?

  • Connected finance

    Is embedded insurance and embedded finance the key to future success?

  • Climate change impacts on projects and insurance

    How to leverage geospatial analytics?

How can the BFSI sector keep their growth momentum going in the AI everywhere era?

Dr. Ashish Kakar

Research Director – Financial Insights

About IDC Financial Insights Innovation Awards

IDC Asia/Pacific proudly announces the winners of the 2025 Financial Insights Innovation Awards (FIIA), recognizing outstanding achievements by financial institutions that are shaping the future of banking, insurance, and capital markets through bold, technology-driven transformation.

This year’s FIIA winners reflect how Asia’s financial institutions are responding to rapid economic growth with digital acceleration. In 2024, Asia accounted for 63% of global GDP growth, and ASEAN markets are projected to grow nearly three times faster than advanced economies in 2025. To stay competitive, institutions are significantly increasing investments in artificial intelligence, automation, and cloud platforms. Digital transformation spending by Asia Pacific banks reached US$30.4 billion last year, and IDC expects this to grow to US$48.6 billion by 2027, led by software, data, and analytics initiatives.

 

2025 FIIA categories

  • Most Innovative Bank / Insurer / Capital Market Firm
  • Leader in Resiliency
  • Leader in Customer Engagement
  • Leader in Infrastructure Modernization
  • Leader in Intelligent Banking / Insurance
  • Leader in Sustainable Finance

2025 FIIA winners

Our analyst experts for banking and finance in Asia/Pacific

Image of Dr. Ashish Kakar

Dr. Ashish Kakar

Research Director, IDC Asia/Pacific

Image of Eric Gao

Eric Gao

Research Director, IDC Asia/Pacific

Image of Michael Sek Pheng Yeo

Michael Sek Pheng Yeo

Associate Research Director, IDC Asia/Pacific

Image of Xiao Liu

Xiao Liu

Research Director, IDC Asia/Pacific

Image of Surya Narayan Saha

Surya Narayan Saha

Research Manager, IDC Asia/Pacific

Image of Siri Si

Siri Si

Research Manager, IDC Asia/Pacific

Image of Dr. Chris Marshall

Dr. Chris Marshall

Vice President, Data, Analytics, AI, Sustainability, and Industry Research, IDC Asia/Pacific

Why partner with us?

IDC brings decades of experience organizing events built on data insights and market knowledge. Become our partner and benefit from the following:

  • Position your brand as a fintech leader: Empower BFSI CIOs, CSOs, and IT decision-makers with insights into the latest cyber threat landscape while showcasing your cutting-edge tech solutions to help them achieve their objectives.
  • Opportunity to reach audiences: Grab this chance to reach an engaged community of C-Suite, influencers and decision makers.
  • Brand exposure: Leverage on IDC’s multichannel and engaging delegate outreach, pre-, on-, and post-event to amplify your brand reach.
  • Speaking opportunity: Take the stage for a keynote session, panel discussion, or live demo, engaging with in-person attendees alongside IDC analysts and industry experts.
  • Exhibition booth: Operate a dedicated exhibition space for networking with scanner for documenting client leads and interactions.
  • Generate new leads and drive marketing ROI: Showcase your products and services though a physical booth at the event with standard IDC set-up, built for casual, intimate conversations to generate leads.

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