Dr Andrei Kirilenko, Director of the Centre for Global Finance and Technology, explains how financial technology (fintech) is the key future trend in finance and how Imperial College Business School is well placed to play an important role in this financial ‘revolution’
The most important trend in finance is fintech – financial technology. The advances in computing, automation and communication technologies have directly led to technology taking centre stage in payments, trading, clearing, and regulatory compliance. Britain is one of the leading global fintech players with an ecosystem that is more flexible and adaptable than its competitors on the global stage. Regulatory effort is underway to secure London’s dominance as a global centre for fintech.
Imperial College Business School is perfectly positioned to play an integral part in the global fintech revolution. The London-based School is part of a top-ranked science and technology institution with a wealth of research talent in computer science, data analysis, mathematics, and finance.
The new Centre for Global Finance and Technology at the Business School will serve as a hub for multidisciplinary research, business education and global outreach, and will bring together leading academics to investigate the impact of technology on finance, business and society.
This innovative research will then feed into new courses and executive education programmes and help us to foster the next generation of fintech experts as well as re-educate existing talent in these new financial technologies.
The Centre will also work on providing intellectual guidance to policymakers and regulators.
I look forward to the ground-breaking research we will undertake at this new centre, and the challenges and opportunities posed by this new area of research.