The University of Warwick has been endowed with a significant £1.25m donation, earmarked for the groundbreaking FutureFinance.AI Research Group.
This initiative, hosted within the prestigious Gillmore Centre for Financial Technology at Warwick Business School, is set to redefine the financial and property technology sectors over the next half-decade.
At the heart of this ambitious project is the vision to revolutionize how we buy, sell, rent, and manage real estate, through cutting-edge interdisciplinary research. Drawing on the expertise of scholars from around the globe, the Research Group aims to challenge and innovate within the financial and property technology landscape.
Professor Andy Lockett, Dean of Warwick Business School, said, “Philanthropy is helping to make the FinTech research at WBS an important pillar in the School’s activities. I’m grateful to the donor for their generous donation.”
Under the leadership of Professor Ram Gopal, Director of The Gillmore Centre for Financial Technology, the FutureFinance.AI Research Group will explore new research domains. By leveraging Artificial Intelligence (AI) and blockchain technologies, the team is poised to lead advancements in the burgeoning fields of Proptech and FinTech.
Professor Gopal explained, “AI has enormous potential to reshape real estate, with near and long-term impacts ranging from the emergence of new markets and asset types to innovations in investment and revenue models.
“Thanks to a significant donation from a friend of the University based in India, we will attract global research talent who will provide leadership in national and international debates on the application of financial technologies – the way we spend, earn, and save daily. This is a field that has been transformed in recent years, and in 10 years’ time will once again be unrecognisable.”
The Gillmore Centre for Financial Technology, established in 2019 through a generous £3m donation from Clive Gillmore, an alumnus and founder and Group CEO of Mondrian Investment Partners, is dedicated to producing leading research in FinTech. This includes the development of an open-source Crypto Dashboard, a tool for tracking and analyzing over 37,000 cryptocurrencies against traditional benchmarks like gold and the S&P 500.
The FutureFinance.AI Research Group will delve into AI, machine learning, and data science applications within the FinTech and Proptech sectors. By collaborating with industry partners, the team aims to design innovative tools and technologies that can be scaled effectively.
Professor Gopal concluded, “This is a great opportunity for the Gillmore Centre for Financial Technology to advance our academic output and help position our new partner as a lead collaborator in the global research space.
“A long-term commitment at this important stage of the Centre’s work, and alongside Warwick’s strategic engagement with India, where the University already has an outstanding reputation for world-class education and research, will bring benefits to both parties.
“I am very much looking forward to using this new partnership to grow the capacity of the Centre and develop new avenues of research that will be of benefit to consumers, companies and organisations in the Fintech and Proptech sectors and society as a whole.”
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