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8-9 Oct 2018: Training
9-11 Oct 2018: Tutorials & Conference
London, UK

Beyond the contract: Effective cross-sector collaboration and the Turing-HSBC partnership

Christine Foster (The Alan Turing Institute), Rakshit Kapoor (HSBC)
11:55–12:35 Wednesday, 10 October 2018
Secondary topics:  Financial Services

Who is this presentation for?

  • CEOs, CDOs, CTOs, MDs, innovation leads, R&D leads, strategy leads, data science and analytics leads, and policy leads

What you'll learn

  • Learn the benefits of collaborating with academia: Internal talent development and external talent pipeline opportunities, and the impact of these on organizational culture and staff engagement
  • Understand the challenges of collaborating with academia: Leadership vision required to protect researchers’ academic freedom and uphold the commitment to support research for the public good (rather than with commercial objectives)
  • Discover the opportunities of collaborating with academia: ED&I initiatives, thought leadership, and engagement with policy makers


In 2016, the Alan Turing Institute, the UK’s new national institute for data science and AI, announced a funded strategic multiyear research partnership with HSBC. Christine Foster and Rakshit Kapoor share insights and use cases that emerged while making this ambitious and innovative cross-sector partnership work.

Topics include:

  • Innovation and excellence in data science and AI: Using the partnership to support the establishment of economic data science, an emerging scientific discipline at the boundaries of economics and data science that also identifies new sources of data for traditional economic questions (For more information, check out “Can big data revolutionise policy-making by governments?” (paywall).)
  • Thought leadership and policy impact: The Turing-HSBC-ONS Economic Data Science Awards 2018, a national, competitive awards scheme for research projects in economic data science, with applications assessed by an independent expert panel of academics and senior policy makers from Cabinet Office, HMT, Bank of England, DWP, and HMRC, among others (Award recipients will be announced in early October.)
  • People strategy: Broadening the partnership agreement to create a talent pipeline and innovation opportunities
  • Future scope: Broadening the scope of the partnership to undertake innovative collaborations beyond economic data science
Photo of Christine Foster

Christine Foster

The Alan Turing Institute

Christine Foster is Managing Director for Innovation at the Alan Turing Institute, where she is responsible for driving forward the institute’s goal to translate its data science and artificial intelligence research into real-world impact by forging connections between the Turing’s science activities and industry, public sector, and third sector needs to broaden the institute’s engagement with partners and extend its reach into industry. Previously, Christine advised Virgin Media on implementing machine learning models to personalize customer interactions and Liberty Global on building a world-class data science team, held leadership positions at a fintech startup, American Express, and EMI Music, built digital analytics teams, implemented predictive models, and generally worked at the intersection of data science and business. Originally from Canada, Christine started her business career as a strategy consultant with Bain & Company. She holds an MBA from INSEAD and a BA in economics from the University of Toronto.

Photo of Rakshit Kapoor

Rakshit Kapoor


Rakshit Kapoor is group chief data officer at HSBC, where he is responsible for continuing the development and implementation of HSBC’s data and analytics strategy, focusing on all aspects of the way the bank gathers, manages, analyzes, and uses the group’s data as a key competitive advantage for the bank and its customers. He is also a key player defining and executing the bank’s journey to the cloud in support its data and analytics needs. Previously, Rakshit was responsible for data strategy and analytics, business intelligence, and cognitive and robotic process automation at Travelers in the US ; held a senior role at JPMorgan Chase in New York, where he worked on the development of a world-class capability for data analytics across all the lines of business in the US consumer bank; and spent time in senior IT and data roles over a 20+ year period with TIAA-CREF, Avaya, and Oracle. Rakshit is known in the industry for his leadership and delivery of large-scale strategic IT transformation projects in the data space. He holds a bachelor’s degree in engineering from the Indian Institute of Technology, a master’s degree in information systems from George Washington University, and an MBA from the University of Maryland.