Understanding the impact of technology on finance, business and society
Financial technology, or fintech, is developing at a rapid rate, disrupting sectors as diverse as corporates, banking, trading and investment, personal finance, accounting, and insurance. More broadly, it challenges our notions of money and value and our understanding of the impact of technology on finance, business, and society.
By virtue of technical advances such as cloud computing, mobile communication, machine learning, blockchains and data science, fintech is transforming the business of finance: it allows the reimagining of current systems, the creation of novel products and services, and automation to better serve businesses and society. Greater global interconnectivity means fintech is making financial services accessible to a larger global population than ever, presenting both game-changing societal opportunities and novel risks.
Imperial College Business School’s Centre for Financial Technology has been established to act as a hub for the interdisciplinary research that is needed to develop innovations, reveal insights and answer questions; bringing together the activities of academics, startup companies, established industry and governmental organisations. The Centre benefits from Imperial College London’s leading position in science and technology, and Imperial College Business School’s outstanding finance department while taking full advantage of London’s unique position as a global financial centre.