New Office

Big Four Firm Sets Up New York Shop To Foster Innovation

Josh O'Neill, Assistant Editor, June 23, 2017

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The new center is located in Union Square, Manhattan.

Professional services giant EY has set up a new center in New York  that aims to facilitate innovation in financial services.

The center is a flagship location for EY wavespace, the firm's global growth and innovation network. 

It will also serve as a hub for EY's Suits+Jeans initiative, which unites traditional business experience with specialists in disruptive technology such as blockchain, artificial intelligence, robotics and data analytics. 

EY's new technology hub shares similarities with Deloitte's global network of blockchain centers, the latest of which was established in Dublin, Ireland

EY plans to collaborate with clients, government organizations, the start-up community and academic institutions, it said in a statement. 

"Disruption is a daily reality for organizations today, and it requires a new way of thinking about innovation – one that we are enabling by bringing together our diverse talent and sector knowledge at Union Square and throughout our network," Anthony Caterino, vice chair and regional managing partner for EY. "Our ability to collaborate closely with clients on their most complex innovation challenges, marshaling resources from across our organization, is what will allow us to continue to win and maintain our position of leadership in an era of digital enterprise-driven transformation." 

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