Abstract

The Russian Federation is one of the world leaders in financial technologies used in various segments of the financial market. The digitalization of the payment system, the development of digital banking and other fintech solutions are fundamentally transforming the architecture of the financial market. Undoubtedly, the digital financial market is being formed on the basis of the existing and proven architecture for decades. However, the changes associated with digitalization will naturally lead to its progressive transformation.The digitalization of the financial market will allow uniting its separately existing parts into a single organizational structure, forming a single centralized digital market. The formation of a single digital space will make it possible to erase the boundaries between financial market segments.The research methodology is based on general scientific dialectical methods (analysis and synthesis, deduction and induction). The purpose of the article is to acquaint the reader with the natural transformations of the financial market, which radically change its architecture and lead to the formation of a single digital financial market.

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