London - Thomson Reuters and Imperial College London are working together to bring data science expertise from corporate and academic worlds to bear on the global big data challenges impacting financial and legal professionals. The joint venture aims to drive faster innovation in FinTech and RegTech industries through collaborative research projects.
Working with researchers from the Data Science Institute at Imperial, Thomson Reuters will contribute financial market data and legal expertise, as well as data management and machine-learning expertise, to Imperial's data visualization studio, and will work with academics from the College to solve real industry problems through world-leading research. 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.
The collaboration between Thomson Reuters and Imperial follows recent openings of additional research facilities in London, Zurich, Boston, USA and Waterloo, Canada. Thomson Reuters Labs provide facilities for collaboration between customers, tech startups and universities.