House of the Year, China – ICBC

Jun Zheng, ICBC

Industrial and Commercial Bank of China (ICBC) – China's largest bank as measured by assets and market capitalisation – is also a leading player in the onshore derivatives market. Over the past 12 months the implementation of a new in-house derivatives pricing system developed by its 15-member quantitative analytics team to support the growth of its derivative business has led to a significant increase in volumes traded and in products offered.

The bank has expanded its treasury business with fo