Smart Data Foundry is a data innovation organisation serving the public, private and third sectors. In September 2020, Smart Data Foundry received initial funding from the UK Government's Department for Business, Innovation & Industrial Strategy through the UK Research & Innovation Strength in Places Fund.
Its mission is to improve people's lives by safely unlocking the potential of financial data to enable research, innovation, and skills development in Financial Services and FinTech. Smart Data Foundry is a collaboration between the University of Edinburgh, the Financial Data and Technology Association (FDATA) and FinTech Scotland.
Smart Data Foundry was one of the first major data-themed partnerships following the launch of the University's Data-Driven Innovation (DDI) initiative, part of the City Region Deal. Under DDI, the University is creating a network of hubs to help public, private and third sector organisations improve products and services through research coupled with high-powered data analytics.