Citi Innovation Lab awarded for innovation
Citi Innovation Lab in Singapore has taken the ‘most innovative feature award’ for its proprietary Citi Interactive Solutions at the 2017 Monarch Innovation Awards.
The Citi Innovation Lab Citi Interactive Solutions program has placed the Singapore-based bank hub at the centre of success, after receiving the most innovative feature award at the global Monarch Innovation Awards.
Commenting on the success of the program, Citi Asia-Pacific head of treasury and trade solutions (TTS), Rajesh Mehta, said the next step would be broadening the bank’s digital agenda, as well as the development of an innovative workplace ecosystem.
“One of our key priorities is to build a strong culture of innovation within the organization. It is the key to unlocking opportunities arising from the winds of globalization, urbanization and digitization, and maintaining a competitive edge in an ever-changing business landscape,” he said.
“We are delighted to win this prestigious award, which is a demonstration of our commitment to be the world’s leading digital bank and to serve our clients every day with excellence.”
Citi Interactive Solutions was the most commercially successful fintech capability developed by the bank.