Methodology

Eligibility

TADS Awards accepts nominations globally. Nominees shall have ready services / products, reasoned management team with financially stable company background.

Nominations & Application

Nominations can be via self-submission or submission by a third-party Nominator. There is no cost associated for any stage of the TADS Awards, and nominees can withdraw at any time.

NOTE :
– Nominee, the principal applicant or contestant for this award (“Project”)
– Nominator, a third-party company who is nominating a Project as the Nominee
– Projects nominated by any of the committee members, global ambassadors and partners listed on the TADS Awards site will be entitled to 5% bonus points due to additional level of pre-vetting and pre-qualification work.

Application (Comprising Part-1 and Part-2)

Part-1 : Basic Information

  1. Either the Nominee (for self-submissions) or a Nominator will submit the Application Form online;
  2. For Part-1 of the Application (this form here), only basic information of Nominee and Nominator are required;
  3. The Nominator (if applicable) will receive a confirmation email for them to confirm their nomination to the Nominee (Project);
  4. The Nominee (Project) will receive a confirmation email, with a special URL accessing a new form to continue Part-2 of the application process.

Part-2 : Project Detail

  • After completion of the four steps of Part-1 above, the Application will proceed to Part-2.
  • In Part-2 of application, Nominee (Project) is required to fill in detailed information of Project and to provide supporting materials & documentations of the Application.

Count down to nomination end date – 24:00hr Nov 3rd

Online Information Sessions

Session #1

14th October 2020
8-9pm (Hong Kong Time)

Session #2

23th October 2020
8-9pm (Hong Kong Time)

Session #3

27th October 2020
8-9pm (Hong Kong Time)

Vetting

A Vetting / Audit Committee will conduct screening, qualifying and auditing of information submitted by the nominee. Shortlisted candidates will be passed to Award Committee for grading, judging and selection of winners at the next stage.

Judging Criteria

The Asia Pacific Digital Economy Institute, organizer of the TADS Awards, appoints two independent judging panels (“Awards Committees”) each year, one Awards Committee for each Award Category.

Awards Committee members are carefully selected to ensure the process is fair and objective, and will include experts from across the financial technology and financial services sectors. Each member of the Awards Committee is bound by a strict confidentiality agreement and are required to declare any conflict of interest in relation to applications over which they deliberate and to stand aside from deliberations where there is a conflict.

Awards Committee will select winners from the two Awards Categories based on the below judging criteria:

The “BEST OF CLASS TADS” category is for the issuers of different types of digitized securities. The judging criteria is based on:

  • Innovation
  • Economic Viability
  • Risk Management
  • Corporate Governance
  • Compliance

The “ECO-SYSTEM EXCELLENCE” category is for the technology / service providers along the value chain. The judging criteria is based on:

  • Impact
  • Ingenuity
  • Cost Efficiency
  • Practicality
  • Compliance

Each Awards Committee will base their score for each entry according to: 

1) the judging criteria of the respective Award Category;
2) information provided in the application form, and
3) any substantiating evidence uploaded or shared with the application.

Each member of the respective Awards Committee will score entries independently and then review scores collectively to make a final decision.

Best of Class TADS
(Tokenized Assets & Digitized Securities)
Economic viability
The methods of economic analysis used, including but not limited to the payback period method, internal rate of return method, and net present value method.
Innovation
The novelty of financial products which apply technology and creativity, and which utilize unique aspects of TADS to design a product that differs from the status quo.
Risk management
The ability to manage risk on underlying investments in order to protect overall risk exposure of investors by issuers of such products. (TADS are essentially financial investment products.)
Corporate Governance
The use by issuers of technology to enhance internal governance, improve transparency and accuracy to financial products. (Blockchain technology is core to TADS products.)
Compliance
The demonstration of compliance in relation to local and/or international securities laws and regulations of their respective jurisdiction is fundamental. (TADS are considered as securities in most jurisdictions.)
Eco-System Excellence
(Vertical Solutions)
Ingenuity
The idea / solution in relation to the project is inventive, smart and easily adapts to being a practical application for users.
Impact
The innovation has a material and sustained impact on the project as measured by directly or indirectly improving the competitive advantage of the underlying TADS and / or ability to improve the work process of the issuers.
Practicality
The solution offers a practical way to effectively deal with some of the key challenges faced by issuers. The ability to deliver key value propositions and to bring results are vital.
Compliance
The solution demonstrates the ability to enhance compliance with local and international regulations, in addition to specific client mandates.
Cost Efficiency
The cost efficiency of the solution, taking into account the scalability, sustainability and long term profitability of the solution. Cost efficiency is at the core empowering these factors.

Awards Committee –
Best of Class TADS

By alphabetical order

Chris Carlin

Chris Carlin

Head of Alliances, Redistribution Solutions and Data Products, Asia
Morningstar

Pietro Doran

Pietro Doran

Managing Principal
First Rock Associates

Peter Koo

Peter Koo

APAC Leader, IT & Specialized Assurance
Deloitte

Stephan Law

Stephan Law

Managing Director
ANS Capital Limited

Lowell Lo

Lowell Lo

Chairman & Executive Director
BM Intelligence Group

Emi Lorincz

Emi Lorincz

Board Member
Crypto Valley Association

Awards Committee –
Eco-System Excellence

By alphabetical order

Barry Chan

Barry Chan

Partner, Financial Services Sector, Global Business Services
IBM

Spencer Li

Prof. Ir Spencer Li

Associate Director
Asiapay

Suresh Sharma

Suresh Sharma

Entrepreneur-In-Residence
Georgia Tech
(Georgia Institute of Technology)

Fred Sheu

Fred Sheu

National Technology Officer
Microsoft

Dr. Tsai

Dr. Tsai Wei-Tek

Professor of China Beihang University

Peter Yan

Peter Yan

Chief Executive Officer
Hong Kong Cyberport

Audit & Vetting Committee –
Best of Class TADS

By alphabetical order

Kokila Alagh

Kokila Alagh

Founder & CEO
KARM Legal Consultant (UAE)

Eva Law

Eva Law

Chairman
Association of Asia Family Offices

Law Yee Ping

Law Yee Ping

Secretary General
APDEI

Audit & Vetting Committee –
Eco-System Excellence

By alphabetical order

Frankie Tam

Frankie Tam

Counsel
Eversheds Sutherland

Alyssa Tsai

Alyssa Tsai

Founder & CEO
PANONY

Sally Yip

Sally Yip

Committee
TADS Awards

Key Dates

TIMEEVENT
Before October 1st Nomination procedures, deadlines, judging criteria will be posted on the TADS website
October 1st Nomination period opens
November 3rdNomination period close. Deadline for submission of reference materials
On November 18thTADS Award winners announced. TADS Award ceremony streamed worldwide
On December 6thAnnouncement and information session for TADS AWARDS 2021