New Financial Technologies Center at Haas

The Haas School of Business at University of California, Berkeley, is launching a new center to study innovative financial technologies and provide resources for students to learn the latest tools of the trade, Dean Rich Lyons announced last week.

In a statement, the Haas School explains that the Center for Innovative Financial Technologies (CIFT) will develop and share deep understanding of how new technologies impact global electronic markets, investment strategies, and the stability of the global economy.

We need to do hard research and thinking on our financial markets and bring the findings into the classroom as soon as we can, says Dean Rich Lyons. The fields of computer science and finance are deep strengths of UC Berkeley. The intersection, where CIFT lives, is an extremely promising intellectual frontier. It’s a natural for this campus.

The new center will have a CIFT Lab, which hosts the latest analytical tools and industry software as well as real-time data sources. As broker relationships are replaced by direct access to electronic markets in the aftermath of the financial crisis, the lab supports critical faculty research into new relationships and processes, and teaches students cutting-edge financial software skills that are highly sought after by recruiters in the finance industry.


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