Risk Technology Awards - Categories

A full list of the 2025 categories can be found below. There is no detailed eligibility criteria. This is deliberate. Each category relates to a broad industry need. Any firm with a product or service that attempts to meet that need is eligible to enter.

All of the risk type categories permit any kind of relevant application to be pitched. For example, the credit risk award could go to a tool that focuses on any of the following: default modelling, loan pricing, portfolio analytics, regulatory capital, stress testing and scenarios, etc. The same is true for the market risk, op risk, ALM, ERM, climate risk and model risk categories. The AI and cloud initiative categories apply to any use of these technologies to support some kind of risk management application.  

In 2025, we introduced a set of ‘in-house technology’ categories, for financial market participants that have developed proprietary risk technology. They are open to banks, insurers, asset managers and other market participants that have built proprietary risk technology. These systems may be used exclusively by the firm, or may have been made available to clients (commercially or not). The candidate must be able to show substantial development work on this technology within the past 12 months.

In some cases, judges may decide that a particular nominee is better suited for a category other than the one that was originally entered. Judges may move entries from one category to another at their discretion.