Cambridge Centre for Alternative Finance and ADGM Academy sign bilateral research agreement to facilitate tech-enabled financial innovation across MENA region and globally.
The Cambridge Centre for Alternative Finance (CCAF), based at the Cambridge Judge Business School, University of Cambridge, and Abu Dhabi Global Market Academy, part of Abu Dhabi Global Market, a leading financial centre, have today announced the signing of a bilateral research agreement to facilitate tech-enabled financial innovation to the MENA region.
The agreement focuses on three highly integrated research pillars that will contribute to the creation and transfer of knowledge related to FinTech, in turn facilitating FinTech market development and effecting regulatory changes across the MENA region and globally.
The first pillar will see the CCAF and ADGM Academy carry out comprehensive regional market and regulatory research.
The second encapsulates plans to leverage the data and insight generated by creating digital tools to inform both regulatory and business decision-making.
The third pillar of the agreement will be to deliver data-driven and evidence-based capacity building and education, ranging from online programmes to offline in-situ training, specifically tailored towards regulators and policymakers in the MENA region and beyond.
“We are pleased to ink this agreement with our strategic knowledge partner, The Cambridge Centre for Alternative Finance, as we reinforce our commitment to enriching the MENA region’s knowledge sector,” says Hamad Al Mazrouei, Managing Director of ADGM Academy. “Partnering with leading international and regional academic institutions remains a key pillar of our overarching strategy and mandate. Through this partnership, ADGM Academy aims to augment the presence of technology and innovation in achieving greater integration and research development in the field of FinTech. We will continue to work alongside like-minded institutions to further our learning ecosystem and introduce progressive frameworks that look to strengthen the financial sector.”
“Given ADGM’s leadership position in the region in terms of regulatory innovation, market creation and cross-border connectivity, the CCAF is pleased to collaborate with ADGM Academy to support the potential of FinTech and achieve systematic impact in the region,” says Dr Robert Wardrop, Director and Co-Founder of the CCAF.