Financial Institutions, Academics and Startups to Become Partners in Innovation

Canada’s financial services and technology sectors are heading into a new era of innovation and collaboration.

Working in partnership, Ontario Centres of Excellence (OCE) and the Toronto Financial Services Alliance (TFSA) will connect companies and institutions in the country’s largest financial services cluster with Ontario’s innovation ecosystem including its academic community and technology companies, to address individual businesses and industry challenges.

“OCE is pleased to be working with the TFSA to find made-in-Ontario solutions to address current and future issues, opportunities and threats,” says Dr. Tom Corr, President and CEO of OCE.

“Every day we work with leading innovators, educators and technology companies, and we know that they have the skills and knowledge needed to assist the modern financial services industry.”

Through a collaboration agreement signed today, OCE will work with the TFSA to identify and develop collaboration and networking opportunities.

RELATED: TD Bank Announces Innovation Agreement with Communitech

 

The initiative not only addresses a pressing industry need, it will position Ontario as a leader in fields such as cybersecurity and strengthen its reputation as a technology hub.

 

The first event under this agreement will be a partnering forum at the end of February. This will include discussions between financial institutions, academia, technology start-ups and business incubators about challenges and opportunities the sector faces and ways to address them.

 

The OCE-TFSA partnership will also be on display as part of OCE’s Discovery 2015 conference and trade show April 27-28 at the Metro Toronto Convention Centre.