Leicester management researcher involved in new study of settlement system

A University of Leicester Lecturer in Design and Innovation Management is part of a team of researchers examining the success of an innovative financial settlement system.

Next year marks the 20th anniversary of CREST (now Euroclear UK & Ireland) the single, most important settlement system in the UK and Irish markets to this day. B.I.S.S. Research, the City think tank, providing research on innovation in financial markets, today announced that it is leading a unique research project into CREST, funded by BT, CISI, Euroclear, the SWIFT Institute and Travers Smith.

An international research team will analyse the design, implementation and impact on the financial markets of CREST. The core research team consists of experts in banking technology, innovation and financial markets operations: Dr Hermann Rapp from Anglia Ruskin University in Cambridge and Chelmsford, Dr Marta Gasparin from University of Leicester, and Dr Cristiana Parisi from Copenhagen Business School.

Dr Gasparin, from our School of Management, said: “We will be interviewing the experts in the financial industry, including the members of the team and people that were involved with the CREST project. We are now analysing these from two main angles: how design can benefit the financial sector, which I am leading on, and how the technology can change the financial market, led by Dr Parisi.”