EY to establish fintech research and technology hub in Bristol
The aim of the hub is to help "ramp up" capabilities in financial services design, data analytics and engineering
Professional services firm EY is planning to establish a new business, research, innovation, technology and engineering (Brite) hub in Bristol, it has announced.
The company said the move is part of proposals to "ramp up" capabilities in financial services design, data analytics and engineering to create "practical and tangible solutions" to some of the big challenges facing businesses.
The hub will be led by EY directors Dan Harris, Oana Beattie and Liam Snelling, and will work closely with fintech companies in the South West, as well as the University of Bristol and Fintech West.
Mr Harris is a UK director in EY’s research and design consultancy - EY Seren - having joined the firm in August 2022. Before this, he was the UK financial services lead at Accenture and principal director at Fjord.
Ms Beattie is a data and analytics director at EY, who has worked with some of the biggest financial services brands in the UK insurance and banking sectors over the last 20 years. Mr Snelling is a digital engineering and emerging tech director at the firm, with a career spanning two decades, focused on cost and carbon-efficient digital transformation.
Anita Kimber, partner and fintech strategy leader at EY, said: “The launch of the Brite Hub is the latest in a series of investments that EY has made in the fintech sector in response to growing market demand. The hub will bring new, innovative thinking and experience to the region, with a focus on user-centred design that helps to tackle real-life business problems."
Tom Ellson, director for innovation and entrepreneurship at University of Bristol, added: “Bristol and the South West region is widely recognised for its creative and innovative culture. This has led to high-profile international investment in a number of sectors from cybersecurity and technology through to financial services and engineering. The Brite Hub’s arrival in Bristol will form part of a fast-moving ecosystem.”
[Business Live, UK]