Abstract

The object of research is modern innovative information technologies as a factor in market transformation. The subject of research is the theoretical and methodological foundations of the use of financial technologies in the financial sector of the economy. One of the important problems for the world financial market today is to increase the efficiency of its functioning through the introduction of modern management methods based on innovative information technologies. The most problematic areas is the use of proprietary software. The importance of the latter factor is increasing every year due to the strengthening of legislative requirements and pressure from rightholders. That is why it is advisable to offer the Blueshift platform, which will help expand the capabilities and functions of financial and economic activities. The study used methods of collecting, processing and interpreting information about innovative financial products, and theoretical generalization, analysis of definitions, comparative analysis, concretization and systematization of modern financial technologies, observation and visual presentation of the analysis results. The main hypothesis of the study is the assumption that the use of modern innovative information platforms will allow active users to increase the efficiency of making ready-made decisions when solving problems arising in the financial sector of the economy. It is impossible to confirm this hypothesis without a detailed analysis of financial technologies, as well as innovations associated with modern open source systems, which allow market participants to reduce costs and maximize the likelihood of data protection. In paper, it was proposed to use the Blueshift platform for research and implementation of systematic investment strategies based on its built-in capabilities. The advantages and disadvantages of using the Blueshift platform as a «platform as a service» are analyzed. Thanks to this innovation, such advantages in functionality as information security, ease of adaptation, and economic benefits can be obtained.

Highlights

  • A feature of the current stage of world economic de­ velopment is the transition to a post-industrial economic system based on knowledge as a leading innovative resource

  • The global financial sector is undergoing major changes, and innovation processes have a significant impact on its activities

  • It should be noted that the main contribution to the innovative development of the financial system of any country in the world, including Ukraine, – information technology – is carried out through human capital, as the main productive factor in the development and growth of the economy

Read more

Summary

Introduction

A feature of the current stage of world economic de­ velopment is the transition to a post-industrial economic system based on knowledge as a leading innovative resource. The aim of research is to analyze the current technological innovations in the field of information technologies that optimize and improve the work of financial institutions, banks, as well as to study the possibility of introducing new financial innovative technologies, methods of obtain­ ing new solutions that will contribute to the moderniza­ tion of the financial system.

Methods of research
Research results and discussion
Findings
Conclusions
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.