The Australian Business Award for Business Innovation recognises organisations that execute business initiatives which demonstrate innovative solutions for new and existing business needs.
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The successful build and integration of Pro platform’s charting package is a stand-out demonstration of the product development team’s collaboration capability. The innovative Pro platform has been built to offer Australia’s 51,000 frequent traders with best value pricing, platform-integrated institutional tools and professional charting – underpinned by their world class education offering. Lauded by their clients and the wider trader community alike, Pro platform’s innovative use of technology has taken the Australian retail share trading to the next level and positioned their industry as one of the world’s most advanced. Building Australia’s first HTML5-based online share trading Pro platform is also an effective demonstration of how CMC Markets’ product development team employed the scrum management methodology.
The positive impact of the Pro platform on Australian frequent traders is evident in feedback and support from various industry stakeholders and the trader community. The Pro platform build has enabled CMC Markets to identify a number of technological advancements and introduce them to their Next Generation Platform for the benefit of their CFD & FX traders. The new assets created for stockbroking’s Pro platform delivered additional value and benefit CMC Markets customers around the world.
CMC Markets is continuing on its ongoing quest for innovation, and to evolve their business model in line with changes in the trading and investment environment to deliver better products and services. CMC is being recognised for a Business Innovation Award in the Australian Business Awards 2016.
The Australian Business Awards are the regional chapter of an integrated, hierarchical leadership program conducted on a national and international level. Eligible organisations from each region are invited to participate in the international chapter of the program at The World Business Awards. Conducted annually and currently in the second year of its international launch, The World Business Awards seeks to engage with the world’s business, innovation and technology leaders through a global recognition and knowledge building initiative that is underpinned by the program’s established framework. The program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance. The cycle culminates in the recognition and celebration of organisations that implement world-class business initiatives and industry leading products and services on a prominent and far-reaching scale. All entries must be entered in the regional chapter where the organisation is based.
Organisational participation includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.
Initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.
Entries are assessed utilising a robust and dynamic framework to ensure that the assessment process is pertinent and objective. The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards. The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.
Organisations that participate are provided with the unique opportunity to benchmark themselves against the top performers globally. The recipients are acknowledged for their achievements and recognised as the elite of their industry earning a place amongst a distinguished group by having their products, projects, initiatives, contributions and achievements recognised on a prominent and far-reaching scale. The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige. This establishes a valuable resource that can be used extensively to create opportunities for publicity, positive organisational profiling and heightened brand awareness within the respective industries both nationally and internationally.