BNY and The University of Manchester launch the Future of Work Alliance

BNY and The University of Manchester have launched the Future of Work Alliance, a five-year, £5m initiative aimed at advancing responsible human-led digital transformation in large organisations. 

The initiative will be delivered through Alliance Manchester Business School, supported by Unit M, and will focus on designing and scaling new models for responsible artificial intelligence (AI).

The Future of Work Alliance will include a research challenge programme, executive education, postgraduate internships, scholarships and an endowed chair, as well as a keynote lecture series. 

Alejandro Perez, chief operating officer at BNY, said: “One of the challenges for organisations is how AI can be scaled in complex environments. 

“The Future of Work Alliance connects our operational reality with The University of Manchester’s world-class research and talent pipeline to build the foundations for human-led digital transformation at scale.”

Professor Duncan Ivison, president and vice-chancellor at The University of Manchester, said: “AI is transforming work globally, and this alliance brings our highly talented researchers, students and our civic mission together with BNY’s experience of deploying AI responsibly at scale. 

“The Alliance shows how universities and industry can work together to build trusted approaches to AI, develop future skills and deliver long-term economic and social value for Manchester and beyond.”

Lord Stockwood, minister for investment, Department for Business and Trade, said: “BNY’s £5 million initiative with The University of Manchester is excellent news for Manchester and the wider region, building on the firm’s long-standing contribution to the local economy.