Denver-based Trust Company of America’s Chief Information Officer Dennis Noto was honored as the winner of the 25th Annual CIO 100 Award. By Jim McConville of Financial Advisor Magazine
Denver-based Trust Company of America’s Chief Information Officer Dennis Noto was honored as the winner of the 25th Annual CIO 100 Award, Trust Company of America President and CEO David Barry announced today. In making the selection, the CIO 100 Award Board of Judges acknowledged Noto’s leadership in creating Trust’s “Liberty” mobile app, “allowing investors, representatives, and advisors to access account information anytime, anywhere, on any browser or mobile device.”The CIO 100 Award celebrates the 100 organizations and people who best demonstrate excellence and achievement in utilizing information technology in innovative ways to deliver competitive advantage to the enterprise and enable growth.

Check out CIO 100 2012 database to see the list of companies.

PROJECT DESCRIPTION: Trust Company of America developed its Liberty mobile app in September 2009. The application allows investors, representatives and advisors to access account information anytime, anywhere, on any browser or mobile device. Liberty uses the same code base to reach desktop browsers and mobile devices so it works on both mobile devices and personal computers. This innovation not only allows for more cost-effective development, but also improves the product’s flexibility and responsiveness to both technological and business change. The app improves productivity among workers, increases satisfaction among customers, and fosters better communication between all parties. As a bonus, the chosen technologies allow Trust Company of America to publish branded versions of the Liberty application to stores such as Apple’s App Store and the Android Market. Given a free hand to select designs and technical implementations, the architects and developers were able to create a product that truly reflects the best ideas and contributions of all stakeholders involved.

How the winners where picked

CIO — Beginning last November, we solicited applications for the 2012 CIO 100 Awards through ads in CIO and our online newsletters, and through electronic mailings to our print subscribers, event attendees and publicists who sign up to receive our editorial announcements.

Entrants filled out an online application between November 2011 and late February 2012. Although most applications came from companies headquartered in North America, the pool included entries from multiple continents.

Two CIO 100 judges–who included former CIOs, academic experts and independent consultants–read each application. The judges evaluated the applications according to two criteria: innovation and business value. Applications that received a score of 15 or higher (out of a possible 20) were selected for a second round of scrutiny by CIO editors.

We examined how each company stacked up against the others in the pool, putting emphasis on submissions that told the best stories about generating business value through creative and cutting-edge uses of technology. We sought to cull the most exciting initiatives from the pack and reward them with the CIO 100 honor.

The companies we selected for this year’s CIO 100 Awards range from nonprofits to multibillion-dollar global powerhouses, and they come from every industry. Companies had to demonstrate not only that they were able to create new value using IT and to execute their project well, but also that they did so in uncommon, innovative ways: pioneering a new technology, applying a familiar technology to a new purpose, setting the bar higher for their competitors. We also emphasized projects that, due to their scope and impact, are helping propel companies to a more profitable future. In short, these organizations are technology leaders.

The list of award winners was published in the July 1 issue of CIO magazine, and award plaques will be handed out at the 2012 CIO 100 Symposium and Awards Ceremony, August 19-21, in Rancho Palos Verdes, Calif.