Business schools began with a management mission but their research must now address some of society's big challenges, Graeme Currie writes
The primary mission of the Gillmore Centre for Financial Technology is to conduct world-class, cutting-edge research at the intersection of finance and technology. The Centre engages in research exploring the transformative impact of emerging technologies like artificial intelligence, machine learning, blockchain, mobile payments, cryptocurrencies and crowdfunding platforms on financial activities.
This is a multi-disciplinary endeavour necessitating expertise in diverse domains such as information systems, data science, finance, artificial intelligence, behavioural science, and engineering. Consequently, the Centre engages with members from different groups within WBS, and across the University of Warwick and other HE institutions, both in UK and globally. Research that leads to high quality journal publications and has the potential to generate funding from granting agencies is encouraged and supported.
The Centre seeks to drive three key pillars of research, focused on:
The consumer – to explore innovative products and services to empower consumers and enable financial literacy
The firm - to explore the use of, and financial investment in, AI/ML technologies to drive processes and structures. Explore how digital strategies shape the future and emergent industry structures
Wider society – to explore the influence and impact of financial technologies on wider society and behaviours. This includes cryptocurrencies and financial regulations, cyber security and public trust in new financial technologies and associated services.
Head of Centre: Professor Ram Gopal.
Kalina Staykova and her colleagues used their studies of MobilePay to create a competition grid advising firms how to defeat multiple rivals online.
Stablecoins could be backed by central banks as a short cut to a Central Bank Digital Currency, the Gillmore Centre Policy Forum heard.
The collapse of Sam Bankman-Fried’s FTX exchange has shook the cryptocurrency world. Ganesh Viswanath-Natraj, Assistant Professor of Finance, looks at what can be done to stop another one.
Academics discussed critical issues in the emerging area of DeFi, cryptocurrencies and blockchain at the first Gillmore Centre for Financial Technology annual conference.
The cryptocurrency crash is a painful reminder in the market risks and the need for regulation. Ganesh Viswanath-Natraj looks at the approaches governments could take.
Traditional financial and investment management research and work-flows will be heavily disrupted by AI over the next 10 years, a symposium of leading researchers heard.
The UK economy could see its GDP boosted almost three per cent if the Bank of England introduced its own digital coins.