About BFC<\/b><\/p>\n
Established in 2023, the Baltic Finance Center at RTU Riga Business School is a regional think-tank and capacity builder. We conduct research and education activities, with a focus on FinTech and Financial regulation.<\/span><\/p>\n<\/div><\/div><\/div> Mission<\/b><\/p>\n To leverage education and independent research to help develop well-functioning, innovative and sustainable financial services markets that fulfill their roles at individual, economic and societal levels.<\/p>\n<\/div><\/div><\/div><\/div><\/div> WHO WE ARE <\/span><\/strong><\/p>\n<\/div> Our growing team and stakeholder network bring together and build bridges between practitioners, researchers and educators who share the center\u2019s mission and mindset. In building this network, we aim to be locally embedded and globally connected.<\/span><\/p>\n The needs motivating the establishment of BFC are local, regional and global in scope. We develop our areas of focus through gap analysis and ongoing, iterative stakeholder engagement.<\/span><\/p>\n<\/div><\/div><\/div> Who we are<\/b><\/p>\n<\/div><\/div><\/div> Our growing team and stakeholder network bring together and build bridges between practitioners, researchers and educators who share the center\u2019s mission and mindset. In building this network, we aim to be locally embedded and globally connected.<\/span><\/p>\n The needs motivating the establishment of BFC are local, regional and global in scope. We develop our areas of focus through gap analysis and ongoing, iterative stakeholder engagement.<\/span><\/p>\n<\/div><\/div><\/div> NEEDS THAT PROMPTED THE <\/span><\/strong>CREATION OF BFC<\/span><\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div> We see ourselves as part of the financial services ecosystem<\/strong>, where our specific role as an education and research institution is to train, produce and share knowledge, and convene and facilitate dialogue among different ecosystem participants. As an independent institution, BFC can provide a holistic and unique perspective on the ecosystem, its challenges and opportunities.<\/p>\n We carry out research and educational activities<\/strong> across all areas of financial services. Our initial program of work (2023-2026) is generously funded by the EU Recovery and Resilience Facility, and we will seek to expand our areas of work over time.<\/p>\n This model of the innovation ecosystem and the roles that various stakeholders play is from MIT, specifically their D-Lab and Practical Impact Alliance.<\/strong><\/a><\/span><\/em>\u00a0 The highlighted roles are the ones through which we as the Baltic Finance Center can contribute to the overall ecosystem and growth that is to come.<\/span><\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div>Needs that Prompted the creation of BFC<\/span><\/strong><\/h1><\/div>
LOCAL<\/h2><\/div>
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REGIONAL<\/h2><\/div>
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GLOBAL<\/h2><\/div>
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What we do<\/b><\/h1><\/div><\/div><\/div><\/div><\/div>
![](\"https:\/\/finance.rbs.lv\/wp-content\/uploads\/sites\/15\/2024\/09\/ENG-Innovation-ecosystem-roles-model-MIT-.png\" "\\"Ecosystem_ENG\\"")
<\/span><\/div><\/div><\/div>Research and Insights<\/h2><\/div>
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