The Wharton Financial Institutions Center(WFIC) is an independently managed site at the Wharton School of the University of Pennsylvania. The Center sponsors primary research on financial institutions and regulatory policy.
The Center was established in 1992 with funds provided by the Sloan Foundation and was designated as the Sloan Industry Center for Financial Institutions, the first such center designated for a service-sector industry.
The Center aims to advance research on financial institutions and financial regulation. The WFIC organizes conferences focused on academic research and public policy issues, sponsors a working paper series featuring the work of affiliated scholars from many different institutions, publishes occasional e-books based on WFIC conferences.
Over its 24-year existence the WFIC has sponsored a wide range of research including theoretical, empirical and field-based work, as well as some large-scale projects on risk management of financial institutions and productivity in the distribution of retail institutions. This work has frequently been interdisciplinary including experts from finance, economics, information technology, statistics, strategy, human resource management, marketing and law. The scale of activities varies with the available funding and the interests of affiliated faculty.
Richard J. Herring, Director