The Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School has announced the establishment of the Cambridge SupTech Lab, a new initiative that takes financial supervisors on a journey to shape the future of financial supervision accelerating the development of cutting-edge, globally scalable supervisory technology (suptech) applications.
The first phase of the Cambridge SupTech Lab has received funding of $3.1million from the Bill & Melinda Gates Foundation. “This major funding from the Gates Foundation enables the CCAF to further deliver on its aim to create and transfer knowledge within the financial sector, particularly where gaps exist,” said Professor Robert Wardrop, Co-founder and Director of the CCAF.
“The Cambridge SupTech Lab is a key initiative in advancing financial supervision through the development of frontier technology solutions to augment the capabilities of supervisory authorities and the advancement of regulatory innovation.” Robert said.
Read the full article [Thefintechtimes.com]