UTFacultiesBMSAI in FinanceThe Digital Finance Research Programme

The Digital Finance Research Programme

I firmly believe in the transformative power of AI to revolutionize the financial industry. By fostering collaboration between academia and industry, we can unlock unprecedented opportunities for innovation, transparency, and efficiency. Our commitment to ethical AI practices ensures that these advancements benefit all stakeholders and contribute to a more inclusive and fair financial landscape

The Research Programme

The University of Twente - ING collaboration on Artificial Intelligence is part of a larger pan-European research programme on Digital Finance, where the University plays a leading role: In total, more than 360 researchers, 50 universities and 25 companies work together in various European research programmes.

  • The Funding Agencies
    • Horizon Europe
    • COST Assocation
    • Marie Sklodowska-Curie Actions
    • Swiss National Science Foundation
    • Swiss State Secretariat for Research
    • ING
  • The Research Grants
    • Action Chair COST FinAI
    • Scientific Grant Holder COST FinAI
    • Coordinator MSCA Doctoral Network on Digital Finance
    • SNF Narrative Digital Finance
    • SNF Network-based credit risk models
    • SNF Blockchain Fraud Detection
    • SERI Digital Finance
    • ING – UT Cooperation
  • The Research - Digital Finance
    • 30 Individual Research Projects
    • 25 Doctoral Candidates across Europe, of which 12+ affiliated with UT
    • PI or Co-PI of seven research projects
    • 100% of research topics linked to UT
    • A European PhD Programme
  • The Research Projects
    • 30 Individual Research Projects
    • 25 Doctoral Candidates across Europe, of which 12+ affiliated with UT
    • PI or Co-PI of seven research projects
    • 100% of research topics linked to UT
    • A European PhD Programme
  • A European Cooperation
    • 51 Countries
    • 300+ Researchers
    • 100+ Institutes
    • The University of Twente
    • Faculty of Behavioural, Management and Social sciences

The MSCA Research

  • Towards a European Financial Data Space
    • Collaborative learning across data silos
    • Detecting anomalies and dependence structures in high dimensional, high frequency financial data
    • Predicting financial trends using text mining and NLP
    • Deep Generation of Financial Time Series
  • Artificial Intelligence for Financial Markets
    • Strengthening European financial service providers through applicable reinforcement learning
    • Developing industry-ready automated trading systems to conduct EcoFin analysis using deep learning algorithms
    • Challenges and opportunities for the uptaking of technological development by industry
    • Investigating the utility of classical XAI methods in financial time series
  • Towards Explainable and Fair AI-generated decisions
    • Audience-dependent explanations
    • Fair Algorithmic Design and Portfolio Optimization under Sustainability Concerns
  • Driving Digital Innovation with Blockchain Applications
    • Industry standard for blockchain
    • Fraud detection in financial networks
    • Risk index for cryptos  
  • Sustainability of Digital Finance
    • Modelling green credit scores for a network of retail and business clients
    • A recommender system to re-orient investments towards more sustainable technologies and businesses
    • Experimenting with Green AI to reduce processing time and contributes to creating a low-carbon economy
    • Applications of Agent-based Models (ABM) to analyze finance growth in a sustainable manner over a long-term period

The MSCA Doctoral Training

  • Towards a European Financial Data Space
    • Foundations of data science
    • Synthetic Data Generation for Finance
    • Anomaly Detection in Big Data
    • Natural Language Processing with Transformers
    • Dependence Structures in High Frequency Financial Data
  • Artificial Intelligence for Financial Markets
    • Introduction to AI for financial applications
    • Reinforcement Learning in Digital Finance
    • Machine Learning in Industry
    • Deep Learning for Finance
    • Data-Centric AI
  • Towards Explainable and Fair AI-generated decisions
    • The need for eXplainable AI: methods and applications in finance
    • Cybersecurity in Digital Finance
    • AI Design in Digital Finance
    • Barriers in Digital Finance Adoption
    • Explainable AI in Finance
  • Driving Digital Innovation with Blockchain Applications
    • Introduction to Blockchain applications in finance
    • Digital Finance Regulation
    • History and Prospects of Digital Finance
    • Blockchains in Digital Finance
  • Sustainability of Digital Finance
    • Sustainable finance
    • Digital EIT Summer School - Disrupting Finance with Digital Technologies
    • Green Digital Finance
    • Multi-Criteria Decision Making in Sustainable Finance

The European COST Action on Fintech and AI in Finance

The Research

ING - UT: The Research

  • The Foundations - Data
    • The use of "meta labeling" technique
    • Federated Learning
    • Privacy-enhancing techniques for storing and analysing confidential data
    • Applications of synthetic data generation for Finance
  • The main applicaiton - Risk Management
    • Early warning systems for credit risk
    • Machine learning for credit scoring
    • Research on risk management related topics
  • Advanced Tools - Artificial Intelligence
    • Explainable Artificial Intelligence
    • Applications of Reinforcement learning
  • Business Models
    • The value of innovation projects in Finance
    • Networks of the client base
  • The Applications and Outlook
    • Statistics of applying models
    • Large Language Models for information retrieval from documents
    • The detection of payment patterns

ING - UT: The Activities

SNFS: The Research

SNSF: The Research

Our Team