Money Management Executive has launched the 10th Annual NOVA Fund Operations Awards program, recognizing leadership and innovation in asset management firms.

The 2012 NOVA Awards for fund operations innovation are conducted in conjunction with awards co-sponsor NICSA, which represents nearly 10,000 services professionals from within the global investment management industry.

The NOVAs recognize creative, effective and operationally efficient efforts by fund companies that strive to serve their clients, build business and improve services delivered by the asset management firms serving the fund industry.

“These awards recognizes individuals, teams and companies who have had a huge impact in the past year, even if the projects they initiated reach further back,’’ said MME editor Hung Tran. “It’s often hard to peer into the marketing operations, back offices and services teams that make the fund industry tick, almost invisibly. This puts such oft- hidden industry leaders in the spotlight, and justifiably so.’’

“NICSA is pleased to partner with MME again, to shine the spotlight on our industry’s visionary leaders and innovative ideas,” said Theresa Hamacher, president of NICSA. “We look forward to honoring some of the industry’s best and brightest at our General Membership Meeting in Boston this fall.”

All nominees are employed by asset management firms; they can be nominated individually or as a team.

Nominees may include operations executives and/or teams at mutual funds, separately managed accounts firms, alternative investment fund operators, hedge funds, in-house 401(k) administrators or service providers, or any other type of firm that serves shareholders and/or the retirement savings and income industries, as long as the nominees do so in their capacity as a money management or investment management business executive and/or teams.

Asset management firms as well as their service partners and technology suppliers can submit nominations.

The four categories of awards are:

• Visionary Leadership

• Innovation in Customer Experience

• Innovation in Back Office Efficiencies

• Creativity in Marketing Operations

The NOVAs will be presented on October 18 during NICSA’s General Membership Meeting in Boston.

The deadline for entries is June 25.

For further information on the criteria for the awards and to submit entries, please visit: http://www.mmexecutive.com/nova_awards.

The 2011 winners included:

Visionary Leadership: Wayne O'Melia, president of T. Rowe Price Services

Innovation in Customer Experience: TIAA-CREF

Innovation in Back-Office Efficiencies: MFS Corporate Actions Team

Creativity in Marketing Operations: John Hancock Mutual Funds

 

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