Analysis of innovative technologies and identification of new information tools for effective activities of enterprises on the example of the financial market of Ukraine
DOI:
https://doi.org/10.15587/2706-5448.2021.237451Keywords:
innovative processes, information technology, financial market, visual programming, open source, Blueshift platformAbstract
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.
References
- Gartner Forecasts Worldwide IT Spending to Grow 6.2% in 2021 (2021). Available at: https://www.gartner.com/en/newsroom/press-releases/2020-01-25-gartner-forecasts-worldwide-it-spending-to-grow-6-point-2-percent-in-2021
- Chishti, S., Barberis, J. (2016). The FINTECH Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries. John Wiley & Sons, 312. doi: http://doi.org/10.1002/9781119218906
- Anderson, H. (2017). How Artificial Intelligence And Machine Learning Impact The Insurance Industry. Available at: http://www.digitalistmag.com/digital-economy/2017/06/14/artificialintelligence-machine-learning-impact-insurance-industry-05143397
- Browne, R. (2017). Everything you’ve always wanted to know about fintech. Available at: https://www.cnbc.com/2017/10/02/fintech-everything-youve-always-wanted-to-know-about-financial-technology.html
- Rao, A. (2017). 10 Trends on Big Data, Advanced Analytics. Available at: http://insurancethoughtleadership.com/ten-trends-on-big-data-advanced-analytics/?utm_campaign=ITL%20SUBSCRIPTION&utm_source=hs_email&utm_medium=em ail&utm_content=57241495&_hsenc=p2ANqtz9uEHxMVDfU3vVY8o1xYsZbbymL_gMbs1vvPdvghOIlIoPRUXJpoctS4ho09isGDCsZmfyS69Y_eruHLsxWDP_ig3n0w&_hsmi=57241495
- Fleury, M. (2015). How artificial intelligence is transforming the financial industry. Available at: http://www.bbc.com/news/business-34264380
- Stratehiia rozvytku fintekhu v Ukraini do 2025 roku. Ofitsiinyi sait Natsionalnoho banku Ukrainy. Available at: https://bank.gov.ua/ua/about/develop-strategy/fintech2025
- Schumpeter, J. A. (2021). The Theory of Economic Development. Routledge, 254. doi: http://doi.org/10.4324/9781003146766
- Merenkova, O. V. (2008). Innovatsiini tekhnolohii bankivskoi diialnosti yak element suchasnoho ekonomichnoho myslennia. Suchasna kartyna svitu: Pryroda, suspilstvo, liudyna. Sumy: DVNZ «UABS NBU», 186–194.
- Built In is a national community united around a shared passion for tech, offering content and career opportunities, whether you want to work at home or in office. Available at: https://builtin.com/tech-topics
- Blueshift® Docs. Available at: blueshift.quantinsti.com.
- Ofitsiinyi visnyk Ukrainy. Available at: https://ovu.com.ua
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Tatyana Rudyanova, Oksana Lebid
This work is licensed under a Creative Commons Attribution 4.0 International License.
The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.