SPI Awards 2024

A note to all participating companies

Thank you all for supporting SPi’s “Awards for Excellence” 2024, the definitive awards program for the structured products industry.

Award submission processes can be arduous, so we have tried to keep our “Awards for Excellence” process relatively simple.

The awards for the participating companies will be decided using our independent data. We would, therefore, like to request that each participant briefly disclose their achievements, innovations, and performances over the past 12 months alongside collecting consistent, core data that facilitates comparative analysis of competing banks.

The information required for a successful submission is outlined in further detail below. The winner of SPi’s “Awards for Excellence” 2024 will be an outstanding participant in all categories. Market share is vital, but so is an ability to demonstrate growth, relative outperformance compared to other participants, and adapt to changing market conditions and client needs, including innovations.

Once submissions have been received, our team of researchers and independent jury will conduct a thorough analysis of each Submission. In conjunction with our market knowledge and research, this will be used by our jury, which I will chair, to make the final decisions and announce the winner.

Tiago Fernandes

Award Categories

  • This award recognizes the leading derivatives house dedicated to hedge structured products and Equity Derivatives. The winner demonstrates excellence in innovation, pricing, and issuance of the most structured products for the US market, as indicated by SPi’s league tables. Each broker-dealer and independent broker-dealer will be part of jury, responsible for ranking the finalists based on their performance.

    Shortlist:

    Bank of America 

    Barclays 

    BNP Paribas 

    JP Morgan 

    UBS 

QIS AND ANNUITIES

  • This award recognizes the best annuity available to consumers over the past 12 months. The jury will primarily consider investors success (total AUM gathered), innovation and estimated performance to investors.

    Shortlist:

    Allianz Benefit Control Annuity by Allianz Life of North America 

    Nationwide New Heights Select 9 by Nationwide 

    Power Index 5 Plus Annuity by Corebridge Financial 

  • Carriers submitted for this award should demonstrate a proven track record in best-in-class AUM, client service, diversification, and innovation.

    Shortlist:

    Allianz Life of North America  

    Athene Annuity & Life  

    Corebridge Financial 

  • This award recognizes the provider with higher market share hedging derivatives with carriers and those which provide better post-sales service and the delivery of innovation (submission-based).

    Shortlist:

    Bank of America 

    JP Morgan 

    UBS 

  • This award recognizes the best new index of the year, which outlines the performance, risk diversification and value to investors.

    Shortlist:

    Fidelity Stocks for Inflation Index 5% ER 

    First Trust Barclays Edge Index 

    Goldman Sachs Canopy Index 

    HSBC Value Architect Index 

    S&P 500 IQ Index 

  • This award recognizes the best non-traditional index provider of the year, which outlines its methodology and value to investors.

    Shortlist:

    Barclays 

    Bank of America 

    Morgan Stanley 

STRUCTURED PRODUCTS

  • This award recognizes the issuer of structured products that delivered the highest innovation, best pricing and issuance of the most structured products for the U.S. market (using SPi’s league tables).

    Shortlist:

    Citigroup 

    Goldman Sachs 

    JP Morgan

  • This award celebrates the provider of structured products that had highest growth across US. Each candidate should submit an editorial highlighting growth, size of team, and any other information that helps recognize the winner.

    Shortlist:

    Barclays 

    Bank of America 

    BNP Paribas 

  • This award recognizes the issuer of structured products that delivered the highest innovation, best pricing and issuance of the most structured products for the offshore market (using SPi’s league tables).

    Shortlist:

    BNP Paribas 

    BBVA 

    JPMorgan

  • RIA Platform providers submitting for this award will need to send a submission to demonstrate a proven track record of the quality of their services, including cutting-edge technology, post-sales support, and educational support.

    Shortlist:

    CAIS 

    First Trust 

    iCapital

  • This award recognizes the best wirehouse in the U.S. for structured products. The winner will be selected based on its position in the sector and the breadth of offering and post-sales service.

    Shortlist:

    MLPF&S 

    Morgan Stanley Wealth Management 

    UBS Financial Services Inc. 

  • Item description

  • This award recognizes the best wholesaler in the U.S. for structured products. The winner will be selected based on its position in the sector and the breadth of offering and post-sales service.

    Shortlist:

    First Trust

    iCapital

    InspereX LLC 

  • The independent jury will recognise the best deal of the year, taking into account deal significance, innovation, and financial impact.

    Shortlist:

    Barclays - Cash-Settled Equity-Linked Notes Linked to the Common Stock of Microsoft Corporation 


    JP Morgan - Uncapped Accelerated Barrier Notes Linked to the MerQube US Large-Cap Vol Advantage Index 


    BNP Paribas - TARN/Callable Steepener 

  • This award recognizes the issuer of MLCDs that delivered the highest innovation, best pricing, and issuance (using SPi’s league tables).

    Shortlist:

    Bank of Montreal 

    HSBC 

    JP Morgan 

  • TOM LAYTON,
    Senior Vice President of Product Management within Raymond James Global Wealth Solutions.

Submission Guidelines

Each candidate must submit a written application for the award that draws SPi’s attention to some of the highlights of your performance over the 12 month period from May 1, 2023 to April 30, 2024.

This will be considered as the most important part of your submission. In your own words, you should explain why your company has been the most outstanding financial institution in a particular category or categories over this period.

Submissions can also include product lists and volume league tables IC. These must include all parameters used in the search, such as date and issue type, or they will be disregarded.

Submissions should only include information that SPi can use to qualify you receiving an “Award for Excellence”. Nothing will be considered as “off the record” if you have submitted it in the application.

The maximum length for any award submission is four sides of A4 paper sent via email to tfernandes@wsd.com by 29th of July, 2024.

What Happens Next

After you have read the submission guidelines, you may have some questions. These should first be addressed to us at support@sp-intelligence.com. One of our editors or researchers will respond to you as quickly as possible.

Tiago Fernandes will be managing the awards submissions process this year. We feel that our submission guidelines are thorough and straightforward, and ask that you only contact us when efforts to make sense of the guidelines have completely failed.