Interactions between finance and technology

This paper reports the results of a general study conducted in cooperation with the Dutch ING Group to identify various fields of interaction between a financial institution and a technical university. A number of projects have been examined in terms of, amongst others, the length of the project and the possibility and term of measuring first results, in order to define the project(s) most suitable for an initial cooperation. It is found that in banking and insurance many possible fields of interaction with technology are available. Projects in these fields have a lot of potential for success, though not always fit for cooperation with technical universities, due to prioritization of issues or to a lack of of readiness for researching the possibilities of new techniques. This paper can give financial institutions as well as technical research institutes an insight into some of the possibilities of collective research.