The Dallas-Fort Worth region is a hotbed for financial innovation. The Center’s focus is to connect UTD with various parties involved in the evolution of financial markets and institutions.
The economics of operating in virtually all industries continue to change with digitalization.
Communication costs, computation costs, transaction costs and management costs have dropped dramatically in the last fifteen years. At the same time, some risks, such as achieving cybersecurity or achieving a successful restructuring, have increased. The new capabilities of disruptive technologies of the last decade (blockchain and artificial intelligence, for example) have also reinforced pressures to innovate.
The Center’s initiatives are to help the various parties interested in or involved in financial innovation to connect with one another, and grow as a result.
The Center was co-founded in 2009 by Dr. David Springate and Elizabeth Jones within the disciplines of applied finance and value creation. We are made up of an advisory board, executive fellows, data scientists, teaching faculty and cooperating students.