Bringing data science expertise to bear on global big data challenges in finance and law

The Data Science Institute, Imperial College London and Thomson Reuters are working together to bring data science expertise from both corporate and academic worlds to bear on global big data challenges impacting financial and legal professionals. The initiative aims to drive faster innovation in FinTech and RegTech industries through collaborative research projects.

The projects will bring together academics from across Imperial's departments to do cutting edge research informed by real industry problems. The collaboration will utilise the KPMG Data Observatory to visualise data, enabling novel exploration of data and unearthing fresh insights.

This partnership will create a global ecosystem whereby academics, financial markets institutions, and technology firms can collaborate to tackle FinTech issues such as supply chain risk, financial risk management, real-time data analysis and RegTech issues such as the impact of regulation.

“Our world is experiencing a data revolution, and Imperial is at the helm. Our Data Science Institute is harnessing the wealth of data generated by our society to search for solutions to some of the greatest challenges facing our world today. We know that we can achieve more if we work collaboratively, that’s why we boast a vibrant community of partners from across the globe,” said Professor Yike Guo, Director of the Data Science Institute at Imperial. “This latest partnership with Thomson Reuters will present new opportunities to unlock hidden insights, drive forward innovation, and create value by harnessing data. We look forward to working with them in this important area."

“Connecting Thomson Reuters best-in-class financial markets content and deep industry expertise with a world-renowned university like Imperial means we have a unique opportunity to accelerate innovation to solve real client problems,” said Mark Rodrigues, Global Managing Director, Strategic Customers & Solutions Group, Thomson Reuters. “This exciting collaboration is part of our growing global strategy to drive faster innovation in Fintech and Regtech that help our customers respond to change and opportunity across the financial and legal services industries.”