Global FinTech Awards: Aiviq wins FinTech Consultancy Award

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Aiviq has won the FinTech Consultancy Award
Aiviq wins FinTech Consultancy Award at the Global FinTech Awards 2024

Aiviq has won the FinTech Consultancy Award at The Global FinTech Awards 2024.

After the awards ceremony, Pavan Cherlapelly, Head of Technology at Aiviq explained how "Innovation and AI have been at the core of our product development, driving everything we do. We are thrilled to receive this recognition, as it reflects the impact of our solution design and the strength of our partnerships with asset managers."

Aiviq has positioned itself as a leader in fintech consultancy, particularly within the asset management industry, by combining deep industry knowledge and solution design with cutting-edge technological innovation and change management.

The company’s expertise is underscored by its thought leadership, conference participation and active partnership approach, frequently engaging in industry panels and hosting forums that bring together some of the world’s largest asset managers.

Aiviq’s dedication to fostering industry collaboration and improving data practices is evident in its leadership of forums that represent over USD$10 trillion in assets under management.

One of Aiviq's recent product releases, Polaris, exemplifies the company's innovative approach.

Polaris uses a blend of machine learning and human intelligence to provide asset managers with a comprehensive view of their clients, revolutionising client data matching at a global level.

Pavan Cherlapelly, Head of Technology at Aiviq

Its advanced features include account entity mastering, legal business party reporting and real-time client matching, all designed to streamline client onboarding, financial reporting and sales attribution.

This solution is particularly valuable for asset managers in fragmented markets like the US retail investment and APAC regions, offering them actionable insights to better serve their clients and drive business growth.

Aiviq’s ability to deliver measurable results is reflected in its ongoing commitment to product innovation, with 50% of its team dedicated to product development.

This agile approach ensures that Aiviq’s platform evolves in line with industry needs, helping clients break down regional silos and achieve a global view of their client base.

Through strategic partnerships with leading data vendors and a focus on collaborative industry efforts, Aiviq remains at the forefront of fintech consultancy, enabling asset managers to navigate complex financial landscapes with greater efficiency and precision.

The awards

Launched in 2024, The Global FinTech Awards 2024 debuted at FinTech LIVE London Global Summit 2024.

Across 14 categories, the awards celebrated those companies, professionals and projects that consistently ensure that excellence and innovation lie at the forefront of their work. 

The awards set a benchmark for excellence across the industry and drive innovation in payment technology, digital banking, fraud verification and more.

Aiviq wins the FinTech Consultancy Award

“It was an honour to spotlight such a wide range of incredible companies at the inaugural FinTech Awards,” said Glen White, CEO of BizClik, FinTech Magazine.

“At a time where digital inclusion and easy access to finance is crucial for fostering economic growth, reducing poverty, and promoting social equity, it is important to celebrate the success of those in the fintech industry that are revolutionising traditional financial services through the integration of technology.

Glen White, CEO of BizClik

“To host the awards during FinTech LIVE London is an incredible moment for the sector to celebrate, we encourage many more companies to enter our awards for 2025. 

“Thanks to every company that entered - it's important that you stay focused, motivated and continuously innovate and I am excited to see so much more of Generative AI when we meet again in a year’s time.

And a big congratulations to every company who entered, those that are highly commended and of course to our 14 winners – we appreciate your input more than you know.”

The FinTech Consultancy Award

The FinTech Consultancy Award recognises consultancy firms that excel in providing expert guidance and support in the fintech industry.

  • How does your consultancy firm demonstrate expertise and knowledge in the industry? 
  • What innovative strategies or solutions does your consultancy offer to clients to navigate challenges and opportunities? 
  • How does your consultancy firm deliver measurable results and drive positive outcomes for clients? 
  • How does your consultancy foster collaboration and partnerships to stay at the forefront of trends and advancements?

Shortlisted companies included-

  • Adaptive
  • Aiviq
Global FinTech Award 2024

Highly Commended: Adaptive (Greentarget)

Greentarget, a consultancy firm specialising in fintech, has established itself as a leader in delivering bespoke trading technology solutions for the capital markets sector.

With deep expertise in asset classes and a strong emphasis on technological innovation, Greentarget helps financial institutions, including banks, exchanges, brokers and asset managers, streamline their operations and better serve their clients.

The firm’s core offerings include building bespoke trading systems, modernising existing infrastructures and facilitating the transition of trading operations to the cloud.

Its proprietary technologies, Hydra and Aeron®, are central to its offering, providing clients with pre-built components and high-throughput, low-latency trading systems, respectively. Aeron’s microsecond latency and fault-tolerant services have attracted major financial players like CMC Markets and HSBC.

Greentarget’s consultancy approach combines a deep understanding of capital markets with cutting-edge tech solutions. Recent projects include building a multi-asset trading platform for FXCM, developing a resilient retail trading platform for ADSS and rebuilding MTS BondsPro’s UI and web services.

Each of these projects demonstrates Greentarget’s ability to deliver tailored, high-performance solutions that enhance scalability, reduce reliance on third-party vendors and improve user experience.

The firm’s success is built on a personalised approach, involving in-depth discovery meetings, structured workshops, iterative system builds and comprehensive launch support.

Greentarget’s managed services ensure that clients retain full control of their solutions while benefiting from ongoing technical support.

Additionally, the firm has positioned itself at the forefront of cloud transformation, partnering with Google Cloud and AWS to offer cloud-native trading systems, which are rigorously benchmarked for performance.

Greentarget fosters industry collaboration through partnerships with cloud providers, open-source organisations like FINOS and involvement in key industry forums. Through these initiatives, it continues to drive innovation and maintain its leadership in fintech consultancy.

The Global FinTech Awards 2024

Thanks to our esteemed panel of industry leaders who judged the awards:

  • Stephen Roche, President and Co-Founder of Saphyre
  • Nick Levy, Partner at IBM Consulting
  • Daniel Yubi, Chief Executive Officer at Payable
  • Jaideep Pawar, Founder & CEO of GRAMePAY
  • Steve Suarez, External Advisor at Bain & Company
  • Georgios Samakovitis, Professor of FinTech at University of Greenwich
  • David Palmer, Blockchain Lead Vodafone Business IoT at Vodafone Business 
  • Russell Fisher, COO Admiral Pioneer at Admiral Group
  • Jsmeet Narang, Chief Transformation Officer and Director of Financial Crime at Santander

The full list of awards categories for 2024 is:

  • Digital Banking Award
  • Payment Technology Award
  • Financial Services Award
  • AI in FinTech Award
  • Fraud & ID Verification Award
  • Sustainable FinTech Award
  • Finance Technology Award
  • FinTech Consultancy Award
  • Future Leader Award
  • Executive of the Year Award
  • Project of the Year Award
  • Lifetime Achievement Award
  • Social Enterprise Award
  • Start-Up Award
The Global FinTech Awards

Essential diary dates for 2025

FinTech LIVE continues to expand its LIVE events with more to come in 2025 - discover the essential diary dates below.

2025:

  • FinTech LIVE Singapore | 25 February 
  • InsurTech LIVE | 1 May
  • FinTech LIVE Dubai | 6 May
  • FinTech LIVE New York | 17 June
  • FinTech LIVE London | 7-8 October
  • FinTech Awards | 7 October

Make sure you check out the latest edition of FinTech Magazine and also sign up to our global conference series – FinTech LIVE 2024.


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