Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes
Nowadays, the rapidly growing technology market and the digitalization process that covers all areas of economic activity have a strong impact on financial markets. Changes in the financial sector occur both within the financial market objects themselves and in the processes of interaction with each...
Guardado en:
Autores principales: | , , , |
---|---|
Formato: | article |
Lenguaje: | RU |
Publicado: |
State University of Management
2020
|
Materias: | |
Acceso en línea: | https://doaj.org/article/13cbdf001eb34058b0f5eae85942b415 |
Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
id |
oai:doaj.org-article:13cbdf001eb34058b0f5eae85942b415 |
---|---|
record_format |
dspace |
spelling |
oai:doaj.org-article:13cbdf001eb34058b0f5eae85942b4152021-11-14T15:54:16ZIdentification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes2658-34452686-840710.26425/2658-3445-2019-4-74-84https://doaj.org/article/13cbdf001eb34058b0f5eae85942b4152020-02-01T00:00:00Zhttps://e-management.guu.ru/jour/article/view/77https://doaj.org/toc/2658-3445https://doaj.org/toc/2686-8407Nowadays, the rapidly growing technology market and the digitalization process that covers all areas of economic activity have a strong impact on financial markets. Changes in the financial sector occur both within the financial market objects themselves and in the processes of interaction with each other and clients. These changes are related to the application of new digital technologies, including distributed accounting technology, big data analysis, cloud computing, artificial intelligence, biometric technologies, augmented / virtual reality. These technologies are related to processes such as customer use of banking applications, remote payments, planning, lending and financing, trade and investment, insurance, security, regulatory operations and communications between financial market participants and customers.Such financial sector processes as fintech, regtech, investtech, creditech, inshurtech, cybertech, opertech, robotech, analytech, which reflect the digital aspect of the traditional processes of this market segment, have been described in the article. The article includes materials obtained in the course of the OECD’s work over the past few years on a number of related topics, including “Innovation in financial services”, “Digitalization and Finance”, which complements the study with additional relevant materials of international level. Technological innovations in the field of finance have been considered and their impact on the processes listed above has been evaluated. A detailed description of each of the nine processes contains the rationale and examples of the use of digital technologies, as well as the degree of integration and impact on these processes. The relevance of this topic is due to the fact that today there are no publications in domestic and foreign sources on the identification, analysis and evaluation of factors that affect the financial sector of the economy due to the lack of statistical and analytical information. In this regard, the conclusions made are of both scientific and practical interest not only in Russia, but also in other countries with developing and developed economies.E. A. KhalimonV. G. MakeevaYu. N. KafiyatullinaG. P. KharchilavaState University of Managementarticlefinancial sectorheuristic modelingdigital technologiesblockchainbig datacloud computingartificial intelligencebiometric technologiesaugmented realitymachine learningElectronicsTK7800-8360Management information systemsT58.6-58.62RUE-Management, Vol 2, Iss 4, Pp 74-84 (2020) |
institution |
DOAJ |
collection |
DOAJ |
language |
RU |
topic |
financial sector heuristic modeling digital technologies blockchain big data cloud computing artificial intelligence biometric technologies augmented reality machine learning Electronics TK7800-8360 Management information systems T58.6-58.62 |
spellingShingle |
financial sector heuristic modeling digital technologies blockchain big data cloud computing artificial intelligence biometric technologies augmented reality machine learning Electronics TK7800-8360 Management information systems T58.6-58.62 E. A. Khalimon V. G. Makeeva Yu. N. Kafiyatullina G. P. Kharchilava Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes |
description |
Nowadays, the rapidly growing technology market and the digitalization process that covers all areas of economic activity have a strong impact on financial markets. Changes in the financial sector occur both within the financial market objects themselves and in the processes of interaction with each other and clients. These changes are related to the application of new digital technologies, including distributed accounting technology, big data analysis, cloud computing, artificial intelligence, biometric technologies, augmented / virtual reality. These technologies are related to processes such as customer use of banking applications, remote payments, planning, lending and financing, trade and investment, insurance, security, regulatory operations and communications between financial market participants and customers.Such financial sector processes as fintech, regtech, investtech, creditech, inshurtech, cybertech, opertech, robotech, analytech, which reflect the digital aspect of the traditional processes of this market segment, have been described in the article. The article includes materials obtained in the course of the OECD’s work over the past few years on a number of related topics, including “Innovation in financial services”, “Digitalization and Finance”, which complements the study with additional relevant materials of international level. Technological innovations in the field of finance have been considered and their impact on the processes listed above has been evaluated. A detailed description of each of the nine processes contains the rationale and examples of the use of digital technologies, as well as the degree of integration and impact on these processes. The relevance of this topic is due to the fact that today there are no publications in domestic and foreign sources on the identification, analysis and evaluation of factors that affect the financial sector of the economy due to the lack of statistical and analytical information. In this regard, the conclusions made are of both scientific and practical interest not only in Russia, but also in other countries with developing and developed economies. |
format |
article |
author |
E. A. Khalimon V. G. Makeeva Yu. N. Kafiyatullina G. P. Kharchilava |
author_facet |
E. A. Khalimon V. G. Makeeva Yu. N. Kafiyatullina G. P. Kharchilava |
author_sort |
E. A. Khalimon |
title |
Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes |
title_short |
Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes |
title_full |
Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes |
title_fullStr |
Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes |
title_full_unstemmed |
Identification and analysis of factors determining the readiness degree of the Russian Federation financial sector to the digitalization processes |
title_sort |
identification and analysis of factors determining the readiness degree of the russian federation financial sector to the digitalization processes |
publisher |
State University of Management |
publishDate |
2020 |
url |
https://doaj.org/article/13cbdf001eb34058b0f5eae85942b415 |
work_keys_str_mv |
AT eakhalimon identificationandanalysisoffactorsdeterminingthereadinessdegreeoftherussianfederationfinancialsectortothedigitalizationprocesses AT vgmakeeva identificationandanalysisoffactorsdeterminingthereadinessdegreeoftherussianfederationfinancialsectortothedigitalizationprocesses AT yunkafiyatullina identificationandanalysisoffactorsdeterminingthereadinessdegreeoftherussianfederationfinancialsectortothedigitalizationprocesses AT gpkharchilava identificationandanalysisoffactorsdeterminingthereadinessdegreeoftherussianfederationfinancialsectortothedigitalizationprocesses |
_version_ |
1718429030137462784 |