Introduction to Financial Technology

Introduction to Financial Technology

4.11 - 1251 ratings - Source

The financial technology environment is a dynamic, high-pressured, fast-paced world in which developing fast and efficient buy-and-sell order processing systems and order executing (clearing and settling) systems is of primary importance. The orders involved come from an ever-changing network of people (traders, brokers, market makers) and technology. To prepare people to succeed in this environment, seasoned financial technology veteran Roy Freedman presents both the technology and the finance side in this comprehensive overview of this dynamic area. He covers the broad range of topics involved in this industry--including auction theory, databases, networked computer clusters, back-office operations, derivative securities, regulation, compliance, bootstrap statistics, optimization, and risk management--in order to present an in-depth treatment of the current state-of-the-art in financial technology. Each chapter concludes with a list of exercises; a list of references; a list of websites for further information; and case studies. A Powerpoint presentation that outlines each chapter's main points is available in a companion instructor's website, and an online instructora€™s manual is available. *With amazing clarity, Freedman explains both the technology side and the finance side of financial technology *Accessible to both finance professionals needing to upgrade their technology knowledge and technology specialists needing to upgrade their finance knowledge *PowerPoint slides for each chapter available on the Elsevier textbooks websiteThe manual task of exchanging paper checks, bonds, coupons and other securities was replaced in 1970 by the Clearing ... CUSIP numbers started being assigned in 1968, when the ABA outsourced the key assignment and distribution anbsp;...

Title:Introduction to Financial Technology
Author:Roy S. Freedman
Publisher:Academic Press - 2006-04-24


You Must CONTINUE and create a free account to access unlimited downloads & streaming