- Associated Press - Wednesday, January 4, 2017

PITTSBURGH (AP) - Carnegie Mellon University is partnering with consulting firm PwC to develop a risk research hub.

The Pittsburgh university announced Wednesday that the Risk and Regulatory Services Innovation Center will focus on a variety of areas including education surrounding risk challenges in audits, data analytics and security.

The center will also foster executive training courses for risk and privacy officers as well. PwC says it will invest $11 million in the center to support staffing and fellowship opportunities. It may opt to invest up to $31 million over the next five years.

The Pittsburgh Tribune-Review (https://bit.ly/2ibCg9W) reports both parties expressed excitement about the collaboration. The research effort revolves around solving intricate business problems. CMU has over 350 partnerships with American companies.

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Information from: Pittsburgh Tribune-Review, https://pghtrib.com

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