BlackRock, the global investment manager, has announced that it is joining FinTech Scotland, the cluster management organization for the fintech sector in Scotland.
This announcement comes as BlackRock continues to develop its local knowledge and talent while expanding in Scotland.
The ambition aligns with FinTech Scotland’s research and innovation strategy, focused on shaping the future of finance through fintech and technology. Through this partnership, BlackRock and FinTech Scotland will collaborate on innovation and solving difficult problems through data and technology, helping more people achieve financial well-being.
BlackRock joins a fintech cluster recognized as a center of excellence in fintech innovation thanks to an industry engaged and determined to advance fintech opportunities. The cluster is rich and diverse with more than 235 fintech SMEs, 35 established financial and professional services institutions, global technology companies, world-class universities, regulators and a supportive public sector.
BlackRock’s deep technology and investment management expertise continues to add to the experience of the FinTech Scotland Cluster and confirms its plans for future growth in Scotland.
Scott Walker, Managing Director and Co-Head of BlackRock’s Edinburgh Office, said: “We are delighted to join FinTech Scotland and its dynamic fintech cluster.
“We look forward to working with our peers and the industry to explore key themes that are critical to the future of financial services and important to our clients.
“BlackRock has a long history in Edinburgh and our partnership with FinTech Scotland demonstrates our continued commitment to the local market, further deepening our relationships in this growing sector. »
Nicola Anderson, CEO of FinTech Scotland, said: “The collaboration with BlackRock demonstrates the strength and international appeal of the Scottish fintech cluster.
“Through Scotland’s collective innovation and technology expertise, we will continue to drive meaningful change and evolution in financial technology that will address some of the most pressing challenges facing the financial sector today.”