Blockchain Innovation Center In New York EY

EY professionals at locations in the wavespace network have:

Developed more than 50 business processes enabled by blockchain technology for customers in the financial services sector, including an identity management platform that provides more secure and efficient onboarding of customers and identifies potential
Helped an automotive OEM develop new mobility services, including premium and on-demand taxi services, smart parking and ride-sharing, and ran market-test pilots in major cities worldwide;
Created an innovation pop-up lab for a financial services client to drive development and deployment of new technologies, products and services, and business models across the organization.

Multinational professional services firm EY has announced the launching of its New York-based Financial Services Innovation Center. According to the release, a key point of focus will be on bolstering the growth of the firm’s global innovation network, wavespace. Further, the lab will function as a core for the Suits+Jeans initiative, which seeks to combine business experience with emerging technologies such as FinTech, artificial intelligence, robotics, data analytics, and blockchain. Roger Park, innovation and strategy lead for EY’s Financial Services Agency, states that the project could push businesses to the next level.

The firm plans to infuse the wavespace network with ingenuity by working alongside government organizations, startups, academic institutions, and local clients. The initiative is intended to instigate disruption and evolution in New York City’s revered financial services industry. Anthony Caterino, vice chair and regional partner for the organization, says the center’s launch will provide EY with a strategic advantage.

"Our ability to collaborate closely with clients on their most complex innovation challenges, marshaling resources from across our organization, is what will allow us to continue to win and maintain our position of leadership in an era of digital enterprise-driven transformation."
Over the past year, EY has been a leading advocate for the exploration of blockchain use across the industry. Most recently, the firm partnered with Australian fractional mortgage startup BlochExchange to introduce an Ethereum-based identity management platform. The firm has also released a report outlining how wealth and asset management companies can utilize the power of blockchain technology in their business practices.

source
https://www.ethnews.com/ey-launches-blockchain-innovation-center-in-new-york