EY is set to open an innovation hub in Bristol.
The multinational’s Business Research Innovation Technology and Engineering (BRiTE) hub will seek to “ramp up” capabilities in financial services design, data analytics and engineering to create “practical and tangible solutions” to some of the big challenges facing businesses.
The new hub and its directors - Dan Harris, Oana Beattie and Liam Snelling - will work closely with FinTech companies based in the south west to help serve clients locally, across the UK and internationally, EY said.
“The launch of the BRiTE hub is the latest in a series of investments that EY has made in the FinTech sector in response to growing market demand,” said Anita Kimber, partner and FinTech strategy leader at EY.
She continued: “The hub will bring new, innovative thinking and experience to the region, with a focus on user-centred design that helps to tackle real life business problems.”
The hub will also collaborate with the University of Bristol.
Noting that the Bristol and the south west region is widely recognised for its creative and innovative culture, Tom Ellson, director for innovation and entrepreneurship at University of Bristol, commented: “This has led to high profile international investment in a number of sectors from cybersecurity and technology through to financial services and engineering.”
Ellson added: “The BRiTE Hub’s arrival in Bristol will form part of a fast-moving ecosystem.”
Latest News
-
Financial Data Exchange becomes first US Open Banking standard setting body
-
British financial sector optimism falls at fastest rate since 2022 amid Budget concerns
-
TransUnion to buy Monevo
-
Global banks to axe 200,000 jobs by 2030 as AI takes over human tasks, finds Bloomberg
-
Lloyd's of London chief executive officer Neal to step down in 2025
-
JPMorgan becomes final major Wall Street bank to exit climate alliance
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.
Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories