London, November 2020. everis UK and UCL (University College London) have undertaken a collaborative project to integrate the rigorous research of Msc in Financial Risk Management to the corporate world.
Starting in June, the project held by the everis Blockchain for Banking Practice has welcomed 4 students to their summer internship cohort, supporting them with technical and business mentors in writing their dissertations. The final goal is to provide students with an experiential learning experience so they can further gage the impact of research and project management in a professional yet innovative environment.
The collaboration took place as part of the UCL IXN (Industry Exchange Network), which enables students to apply their degree training to a wide variety of projects with external organisations. IXN Innovation specifically refers to UCL’s MSc industry projects in subjects including; Computational Finance, Machine Learning and Financial Risk Management among others. These projects take place full-time for three months over the summer and are supported by an academic supervisor who advises students on how to write their dissertation.
Jorge Lesmes, Global Head of Blockchain Banking Practice at everis UK said “everis is a company in constant search of great talent and with a clear set of corporate values. We believe that it is always easier to understand, embrace and live-by those values, the earlier that our colleagues join the company. This is how we have a very well established internship programme that identifies high-potential students coming to the end of their university studies, become part of the company.”
In terms of UCL leadership, Dr Geoff Goodell, UCL Supervisor, also stated “We are proud of the student projects this year, which explored the opportunity to apply distributed ledger technology to corporate credit. We had four MSc students, three in Computational Finance and one in Financial Risk Management. The students were bright, hardworking, and well-engaged despite the remote working environment. We were particularly pleased with the everis team, whose project supervisors played an active role in supporting the research process. This synergy is emblematic of what our best industry engagements can achieve.”
At the same time, Dr Carolyn Phelan, UCL Project coordinator, remarked “Within UCL computer science we have a long history of working with corporate partners to allow our students to apply content from their taught modules to real world problems. The MSc projects with everis have been a great example of this, giving students the opportunity to work on interesting technical subjects whilst being supported by a highly knowledgeable and enthusiastic technical mentor.”
Finally, Jorge Lesmes also added "Starting in 2020 we have begun to collaborate with UCL IXN programme and we have had the pleasure of having 4 of their bright MS students working with us in the Blockchain for Banking team during the summer. Though the situation created by COVID-19 has made these internships fully-remote, we have made continual effort to ensure that the students had the chance to be exposed to a real-life work environment with clear objectives and deadlines that must be met for each of their assignments. Most importantly they have learnt the values that our company is driven by, experiencing how to apply them when dealing with clients and colleagues which, in the increasingly technological world we are living in, we believe are key fundamentals to establish a solid foundation for the future to come.”