
{"id":16822,"date":"2023-06-08T11:18:50","date_gmt":"2023-06-08T05:48:50","guid":{"rendered":"https:\/\/leverageedu.com\/learn\/?p=16822"},"modified":"2023-06-08T11:18:50","modified_gmt":"2023-06-08T05:48:50","slug":"study-in-uk-natwest-group-and-university-of-edinburgh-collaborate-on-banking-data-research-and-innovation-centre-news-2023-06","status":"publish","type":"post","link":"https:\/\/leverageedu.com\/learn\/study-in-uk-natwest-group-and-university-of-edinburgh-collaborate-on-banking-data-research-and-innovation-centre-news-2023-06\/","title":{"rendered":"Study in UK: NatWest Group and University of Edinburgh Collaborate on Banking Data Research and Innovation Centre"},"content":{"rendered":"\n<p>NatWest Group and the <a href=\"https:\/\/leverageedu.com\/universities\/the-university-of-edinburgh\/\"><strong>University of Edinburgh<\/strong><\/a> have joined forces to establish a research and innovation centre with a focus on banking data.\u00a0<\/p>\n\n\n\n<p>The centre\u2019s aim is to enhance the utilization of data for the benefit of bank customers, students, researchers, and policymakers. This initiative also builds upon the previous collaborative efforts between NatWest and the University.<\/p>\n\n\n\n<p>Both organizations have previously demonstrated their commitment to technological innovation in financial services. The CEO of NatWest Group, Dame Alison Rose, expressed enthusiasm about the partnership.\u00a0<\/p>\n\n\n\n<p>He highlights the combination of the University\u2019s world-class research and social science expertise with NatWest\u2019s extensive understanding of customer and business dynamics.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img  loading=\"lazy\"  decoding=\"async\"  width=\"1024\"  height=\"575\"  src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEUAAP+KeNJXAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAApJREFUCNdjYAAAAAIAAeIhvDMAAAAASUVORK5CYII=\"  alt=\"Study in UK: NatWest Group and University of Edinburgh Collaborate on Banking Data Research and Innovation Centre\"  class=\"wp-image-16824 pk-lazyload\"  data-pk-sizes=\"auto\"  data-ls-sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"  data-pk-src=\"https:\/\/cdnbloglearn.leverageedu.com\/learn\/wp-content\/uploads\/2023\/06\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-1024x575.jpg\"  data-pk-srcset=\"https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-1024x575.jpg 1024w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-300x168.jpg 300w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-768x431.jpg 768w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-1536x862.jpg 1536w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-380x213.jpg 380w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-800x449.jpg 800w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-1160x651.jpg 1160w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1-150x84.jpg 150w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/06\/18134454\/aerial-view-residence-bukovinian-dalmatian-metropolitans-chernivtsi-national-university-chernivtsi-touristic-destination-western-ukraine-1.jpg 1931w\" ><\/figure>\n\n\n\n<h2 id=\"benefits-of-the-centre\" class=\"wp-block-heading\">Benefits of the Centre<\/h2>\n\n\n\n<p>Professor Sir Peter Mathieson, the principal and vice-chancellor of the University of Edinburgh, emphasized the pressing challenges faced by society.<\/p>\n\n\n\n<p>He stated that the Centre for Purpose-Driven Innovation in Banking would combine the University\u2019s expertise with NatWest\u2019s comprehensive data. This in turn will co-create interdisciplinary research with practical applications.\u00a0<\/p>\n\n\n\n<p>The insights derived from this collaboration will help translate cutting-edge research into real-world solutions for the betterment of society.<\/p>\n\n\n\n<p>NatWest Group\u2019s decision to establish the research centre comes on the heels of a profitable first quarter. The bank\u2019s Q1 2023 earnings report showed an impressive 50% year-on-year increase in profits before tax, reaching INR 180 Crore.\u00a0<\/p>\n\n\n\n<p>Profits after tax also surged by 48% to \u00a31.24 billion (INR 124 Crore) compared to the previous year. In May, NatWest announced a commitment to invest \u00a31 billion (INR 100 Crore) in additional lending to achieve net-zero financed emissions, assets, and operational value chain by 2050.<\/p>\n\n\n\n<p>The establishment of this research and innovation centre signifies a significant step towards leveraging data. And also research to drive positive change in the banking sector.<\/p>\n\n\n\n<p>With the combined strengths of NatWest Group and the University of Edinburgh, the centre is poised to make meaningful contributions to both academia and industry.<\/p>\n\n\n\n<p>For more such <a href=\"https:\/\/leverageedu.com\/learn\/category\/news-updates\/\"><strong>exciting news updates<\/strong><\/a>, make sure you contact Leverage Edu<strong> <\/strong>to start your<a href=\"https:\/\/leverageedu.com\/\"> <strong>study abroad<\/strong><\/a><strong> <\/strong>Journey<strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"NatWest Group and the University of Edinburgh have announced the launching of a research and innovation 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