Dr Daniel Broby

Senior Knowledge Exchange Fellow

Accounting and Finance

Personal statement

Welcome to my 'knowledgebase' profile.

I have enjoyed a successful career in both academia and practice.  My research interests revolve around financial technology, financial indices, and the regulation of capital markets.  I have written a number of peer reviewed papers on index construction, fund management, emerging financial markets, distributed technologies and market regulation.  I have also pioneered research into blockchain and its application in the Fintech ecosystem. 

I am considered a leading academic in the field of "Fintech".  I have spoken and chaired numerous conferences.  I have also appeared in Bloomberg TV, CNBC and in the financial press. I have travelled extensively in my various professional roles to Emerging Markets.  I have interacted with policy markets and regulators. I believe my work has real world impact.

The Department of Accounting and Finance, to which I am affiliated, is ranked is ranked "1st in the UK for Accounting and Finance" in the Times Good University Guide and the Sunday Times Subject League Table for 2021.  The department was ranked 2nd in the UK for Accounting and Finance by the Complete University Guide Subject League Table for 2021. 

Expertise

Has expertise in:

    I am a leading academic in the field of Financial Technology (Fintech).  I have a PhD in Accounting and Finance from Strathclyde University, an MPhil in Economics from Brunel University and an MSc in Investment Analysis from Stirling University. My research interests focus on distributed technologies, market operational efficiency and novel financial innovations and business models. I am one of the world’s most recognised experts on index construction. I wrote ‘A Guide to Index Construction’ for Risk Books, described in a review as “a comprehensive academic treatise on the subject. My research is extending the literature within the finance discipline to incorporate big data analysis, artificial intelligence, and machine learning.

    As director of the Centre for Financial Regulation and Innovation, I am focused on updating the curriculum in taught finance to incorporate Financial Technology. I have helped develop Financial Technology to cluster status at Strathclyde University.  I am enabling financial technology knowledge exchange from academia to industry. 

    In my professional career, prior to academia, I was a successful investor in emerging and growth markets.  I held several ‘C’ level positions in leading asset management firms. The investment performance of the funds I managed was recognised by Morningstar (with their highest five-star rating). I have served on several financial industry task forces, committees and policy councils.

Prizes and awards

Nomination for Teaching Excellence Awards
Recipient
5/6/2021
Award of 2nd Prize in the Tezos Gold Challenge, Future of Blockchain University Competition.
Recipient
27/4/2020
Inspiring City Awards 2018 - Education Award
Recipient
6/9/2018
UK CIO of the Year
Recipient
2014
Award for Excellence - Outstanding reviewer
Recipient
2014
Society Leader Award
Recipient
2006

More prizes and awards

Publications

The Use of Artificial Intelligence to Determine Contingent Legal Liabilities Provisions : Centre for Financial Regulation and Innovation : White Paper
Broby Daniel, Coulson Andrea, Dörfler Viktor
(2021)
https://doi.org/10.17868/76898
Financial technology and the future of banking
Broby Daniel
Financial Innovation Vol 7 (2021)
https://doi.org/10.1186/s40854-021-00264-y
The Regulation of Initial Coin Offerings, Virtual Assets and Virtual Asset Service Providers
Quimbayo Catalina Velandia, Broby Daniel
(2021)
Mitigating cybersecurity challenges in the financial sector with Artificial Intelligence
Jiang Chenle, Broby Daniel
(2021)
The tracking efficiency of physical and synthetic equity index ETF's
Broby Daniel, Spence Oliver
The Journal of Index Investing Vol 11, pp. 34-47 (2020)
https://doi.org/10.3905/jii.2020.1.097
The effect of "Brexit" uncertainty on the FTSE 100 Index and the UK Pound
McCann Rory, Broby Daniel
(2020)

More publications

Teaching

I teach two core modules, (1) Mean Variance Portfolio Construction, which utilizes the skill-set I acquired in my professional career as a fund manager, and (2) Becoming an Effective Financial Technology Analyst, which ties together the taught curriculum of the Fintech course. I have also taught on banking risk and the principles of finance modules. I combine both theory and practice in my approach. For example, I integrate live data from into worked examples using the department's Bloomberg laboratory.

I was the founder of the MSc in Financial Technology, the first such course in the United Kingdom.  I have mentored a number of students during internships as well as supervising their dissertations, upto and including PhD level. I am equally comfortable working with large or small groups. I have overseen large teams and conducted lectures to more than 150 students at a time.

The Centre for Financial Regulation and Innovation, which I am responsible for, won the Educational award in the People Make Glasgow, Inspiring City Awards 2018.

Research interests

My research interests revolve around benchmarks, indices, financial technology, financial time-series and the regulation of capital markets. My PhD thesis was on Benchmarks for Alternative Asset Classes. I have written a number of peer reviewed papers on these subjects, as well as index construction, fund management and emerging financial markets.


I have pioneered research into using blockchain and distributed ledgers, and their applications in the Fintech ecosystem and distributed marketplaces. 

My research has a theoretical grounding, albeit focused on practical application.  I have, for example, co-filed a US Patent application (no16/2635582) for a System for Estimating the Value of a Company using Financial Technology.  I have also, with my co-investigators, undertaken a large precision time stamping experiment on financial blockchain. 

Professional activities

WTSC22 (6th International Workshop on Trusted Smart Contracts)
Participant
14/2/2022
BAFA Scotland panel event
Speaker
9/9/2021
World Finance Conference
Participant
3/8/2021
Global Open Finance Centre of Excellence (GOFCoE)
Visiting researcher
1/7/2021
ComplianceNet
Speaker
30/6/2021
Scotland’s Fintech future
Participant
22/4/2021

More professional activities

Projects

Scottish and Irish Finance Initiative
Broby, Daniel (Principal Investigator)
14-Jan-2017 - 31-Jan-2017
AFRC Route to Impact Funding
Broby, Daniel (Principal Investigator)
The Center for Financial Regulation and Innovation (CeFRI) jointly with Electronic and Electrical Engineering (EEE) - investigation of applications of financial blockchain and distributed ledger technolog
01-Jan-2017 - 31-Jan-2017
Precision time-stamping of financial blockchain
Broby, Daniel (Principal Investigator)
Joint research with the National Physical Laboratory, Toronto Stock Exchange and ZYen.
03-Jan-2016 - 31-Jan-2017
Centre for Financial Regulation and Innovation
Broby, Daniel (Principal Investigator)
Official launch of the Centre for Financial Regulation and Innovation which will help to address the systemic failure of regulators to keep pace with financial innovation.
06-Jan-2016 - 06-Jan-2016

More projects