Research trends on digital transformation on financial market development

Abstract

The aim of this research is to analyze the effect of digital transformation on financial market development. The method used in this research was quantitative research with a literature study approach. The data used in this research were obtained from the Scopus database with the keywords "digital transformation and financial markets". The findings of this research show that the number of studies on the topic of digital transformation in financial market development has increased from 2019-2023. China and Portugal are the countries that produce the most research on the topic of digital transformation in relation to financial market development. In producing these research documents, China also often collaborates on research with other countries. The most influential scientist from research on the topic of digital transformation in financial market development is Diane M. Bergeron. This research contributes to future research by exploring digital transformation research trends in financial market development from different angles with keywords such as Digital Transformation and Financial Markets. These keywords are related to the development of financial markets, which has not yet been the subject of much research.