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Development of information financial technologies in modern conditions.

https://doi.org/10.29030/2309-2076-2023-16-1-49-58

Abstract

The modern financial market is in dire need of comprehensive and effective information support. This need is based on the fact that absolutely all processes (from the formation and processing of information to the construction of forecasts and models for the purpose of making managerial decisions) require large-scale calculations and a long time, which is excluded with the use of information technology. The modern process of formation and integrated functioning of the latest information technologies is closely related to the activities of financial markets and sets the most important task of automating the processes of this sector of the economy. This article describes the importance of modern information technologies, both for the financial market of a particular region and within the country as a whole, their features and factors affecting the promotion process are identified. Automated information technologies are considered by the authors as a cost-saving tool for modern enterprises, which are closely related and implemented in all spheres and directions of society’s life and in all economic and social processes. Special attention is paid to the disclosure of the features of the use of information technologies in the financial sector. At the same time, the prospects of using such new technologies as artificial intelligence, blockchain, etc. are shown.

About the Authors

Ya. O. Zubov
Financial University under the Government of the Russian Federation; Russian State University for the Humanities
Russian Federation

Yaroslav O. Zubov - – Ph.D. in economic sciences, associate professor of the Department of business informatics; associate professor of the Department of finance and credit



T. V. Yakushina
International Institute of Economics and Law; Moscow International University
Russian Federation

Tatyana V. Yakushina - Ph.D. in economic sciences, associate professor of the Department of economic disciplines; associate professor of the Department of management



References

1. Automated information technologies in tax and budget systems : studies. manual / ed. by G. A. Titorenko. Moscow : UNITY, 2001. (In Russ.).

2. Kazankina O.A. The importance of information technologies in the financial planning of an enterprise. Economic security and quality. 2018;(2):99-104. (In Russ.).

3. Fintech 2019 : III International Conference on Digital Transformation of the Economy and New Financial Technologies. URL: https://events.vedomosti.ru/events/fin2019/materials. (In Russ.).


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For citations:


Zubov Ya.O., Yakushina T.V. Development of information financial technologies in modern conditions. Economic Systems. 2023;16(1):49-58. (In Russ.) https://doi.org/10.29030/2309-2076-2023-16-1-49-58

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ISSN 2309-2076 (Print)