University Vice-Chancellor and Mr Bill Nie at the launch of the Oxford-Nie Financial Big Data Laboratory in Oxford
There is nothing more prevalent, more modern and more focused on the future than the revolution in big data. Oxford University’s commitment to the use and development of information analytics in cutting edge health research has already been demonstrated in the launch last year of the Li Ka Shing Big Data Centre for Health Information and Discovery. Now, the University has put on a strong focus on the role of big data in financial mathematics through the establishment of the Oxford-Nie Financial Big Data Laboratory.
Located in the magnificent new Andrew Wiles Building, home of the Mathematics Institute, the Laboratory was officially opened on 29 October by University Vice-Chancellor Professor Andrew Hamilton in the presence of benefactor Mr Bill Nie, Founder and CEO of Financial Data Technologies Ltd Limited (FDT). The first research laboratory in this area at a major university, the centre will be at the front line of data science research applied to finance and will provide a platform for research collaboration between academics, practitioners and regulators. It will also generate research that informs how financial firms should manage big data and make the best use of it.