Shinhan Bank Wins IDC Future Enterprise Award in 'Future of Work' Category

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 6th that it was selected as the domestic winner in the Future of Work category at the IDC Future Enterprise Awards 2021.

The IDC Future Enterprise Awards is a program organized by IDC, an IT market analysis and consulting firm, to select the best digital leader companies in the Asia-Pacific region. It recognizes and awards innovative and leading projects that have successfully carried out digital transformation in 12 countries across the Asia-Pacific region.

At this year's event, Shinhan Bank was recognized in the Future of Work category for the achievements in nurturing data talent and strengthening data-driven decision-making through the 'BD 1000' project, which aims to train in-house data analysis specialists.

With this, Shinhan Bank has achieved the distinction of winning the IDC Future Enterprise Awards for three consecutive years, following the Information Vision category in 2019 and the Omni-Experience Innovation category in 2020.

The BD 1000 project was launched to cultivate 1,000 big data experts through phased education targeting all bank employees. Its most notable feature is the use of internal data and personnel to overcome the limitations of existing digital education programs provided by external training companies.

Data analysis specialists within the bank create the curriculum and deliver lectures, and all practical exercises are conducted by setting tasks related to the participants' current work, collecting and analyzing data, and submitting visualized results.

A Shinhan Bank official stated, "The BD 1000 project was designed with the goal of developing experts suitable for fieldwork through understanding, utilization, and advanced data courses, prioritizing practical application, which has resulted in very high satisfaction among participants. We will continue to make efforts to enhance employees' data analysis capabilities and strengthen data-driven decision-making."

This content was produced with the assistance of AI translation services.