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The Global Evolution, Changing Landscape and Future of Financial Markets : From Traditional to Digital.
- Format:
- Book
- Author/Creator:
- Raza, Syed Ali.
- Language:
- English
- Subjects (All):
- Financial services industry--Technological innovations.
- Financial services industry.
- Artificial intelligence.
- Physical Description:
- 1 online resource (166 pages)
- Edition:
- 1st ed.
- Place of Publication:
- Leeds : Emerald Publishing Limited, 2025.
- Summary:
- The Global Evolution, Changing Landscape and Future of Financial Marketsprovides a comprehensive understanding of the evolving financial landscape and the importance of creating a more inclusive and diverse digital finance ecosystem.
- Contents:
- Cover
- The Global Evolution, Changing Landscape and Future of Financial Markets
- The Global Evolution, Changing Landscape and Future of Financial Markets: From Traditional to Digital
- Copyright Page
- Contents
- List of Abbreviations
- About the Authors
- Foreword
- Acknowledgements
- 1. The Essence of Money
- Introduction
- History of Barter
- Coin as Historical Data
- Origin of Coins
- Oriental Cutlery
- Coins and Currency
- Early Developments (C. 650-490 BC)
- Predominance of Athens
- From Alexander the Great to the End of the Roman Republic (336-31 BC)
- The Coin Portrait
- Greek Bronze Imperial Coinage to AD 268
- The Beginnings
- Early Imperial Mint Policy
- Coinage in Western Continental Europe, Africa, and the Byzantine Empire
- Later Mediaeval and Modern Coinages of Continental Europe
- Techniques of Production
- Paper Money
- Summary
- Learning Objectives
- 2. The Growth of Business and Economic Matters
- Standards of Value
- The Decline of Gold
- The Bretton Woods System
- After Bretton Woods
- The Euro
- 3. The Adoption of Internet in Financial Services
- Online Banking Initiation
- Advancement in Online Banking
- Electronic Payment Advancements
- PayPal
- Mobile Banking
- Tokenization
- 4. The Financial Crises and Money Market
- A Historical Overview of Major Financial Crises
- The Great Depression
- The 2008 Global Financial Crisis
- Other Notable Financial Crises
- Fundamentals of the Money Market
- Definition and Functions
- Key Instruments of the Money Market
- The Role of Money Markets in Financial Stability
- Causes of Financial Crises
- Economic Factors
- Policy and Regulation Issues
- Market Psychology and Investor Behaviour.
- Impact of Financial Crises on the Money Market
- Short-Term Funding and Liquidity Concerns
- Interest Rate Volatility
- Effects on Financial Institutions and Investors
- Policy Responses to Financial Crises
- Central Bank Interventions
- Government Fiscal Policies
- Regulatory Reforms and Measures
- Case Studies: Money Market Stress During Financial Crises
- Money Market Mutual Funds (MMFs): A Financial Stability Case Study
- Analysis of Specific Events and Responses
- Lessons Learnt and Preventive Strategies
- Risk Management Practices
- Regulatory and Supervisory Enhancements
- The Future of Financial Crises and Money Markets
- Predictions and Preparedness Strategies
- 5. Trends of AI in Financial Services and Its Applications
- AI and Its Importance
- AI in Financial Services
- The Rise of AI in the Financial Sector
- Advantages of AI in the Financial Sector
- Trends of AI in Financial Services
- Improved Consumers' Decision-Making Regarding Finances
- Elimination of Silos to Improve Customer Experience
- Increased Access to Real-Time Monetary Statistics
- Robotic and Cognitive Automation (R-CA)
- AI-Driven Services for Brokerages
- Security and Authentication
- Generative AI (GenAI) in Finance
- Applications of AI in Financial Services
- Future of AI and the Financial Services Industry
- 6. The Use of Data in Financial Services
- The Pivotal Role of Data in Shaping Financial Strategies and Decision-Making
- Data Collection Methods
- Traditional Methods vs Modern Approaches
- The Rise of Big Data and Its Impact on Financial Institutions
- Regulatory Considerations in Data Collection
- Data Analysis and Interpretation
- Tools and Techniques for Analyzing Financial Data.
- Machine Learning Algorithms and Their Application in Financial Analysis
- Risk Management Through Data
- The Use of Data to Identify and Mitigate Financial Risks
- Predictive Analytics for Risk Assessment
- Real-Time Risk Monitoring in Financial Transactions
- Customer Insights and Personalization
- Utilizing Data to Understand Customer Behaviour and Preferences
- Personalized Financial Services and Products
- Ethical Considerations in the Use of Customer Data
- Fraud Detection and Security
- How Data Are Employed in Identifying and Preventing Fraudulent Activities
- Cybersecurity Measures in Financial Data Management
- Balancing Security With Customer Privacy
- Data Governance and Compliance
- Best Practices for Data Governance in Financial Institutions
- Ensuring Compliance With Data Protection Laws
- Data Monetization
- Exploring Ways in Which Financial Institutions Can Derive Value From Their Data
- Data as an Asset and Its Potential Revenue Streams
- Risks and Ethical Considerations in Data Monetization
- Challenges and Future Trends
- Current Challenges in Managing and Leveraging Financial Data
- Emerging Technologies and Their Impact on the Future of Data in Financial Services
- Ethical Considerations and the Evolving Landscape of Data Governance
- Case Studies and Examples: Wells Fargo &
- Company's Data-Driven Journey
- Real-World Examples of Data Leveraging at Wells Fargo
- Lessons Learnt From Wells Fargo's Data-Driven Initiatives
- Instances of Challenges Faced and Addressed by Wells Fargo
- 7. Blockchain as Enabling Technology
- Background of Communication Strategies
- Cryptography
- How Does Cryptography Work?
- Symmetric Cryptography
- Asymmetric Cryptography
- Digital Signature
- How Digital Signature Works
- Hash
- Basic Properties of Hash Function.
- The Rise of Bitcoin
- History of Bitcoin
- Bitcoin
- Bitcoin's Contributions to Innovation
- Bitcoin's Underlying Technology
- Bitcoin's Use of Cryptography
- Bitcoin's Use of Decentralization
- Bitcoin's Use of Immutability
- Bitcoin's Use of Proof of Work
- 'Evolution of Bitcoin: From Pizza Purchases to Price Volatility and Adoption Growth'
- 'Bitcoin's Obstacles: Current Issues and Future Prospects'
- The Birth of Blockchain
- Properties of Blockchain
- Transparency and Decentralization
- Consensus-Driven
- Immutable
- Challenges in Blockchain Technology Adoption
- Anonymity
- Challenges
- Considerations
- Info of Good Quality
- Interoperability
- Blockchain Adoption
- Legal Ambiguity
- Use Cases of Blockchain / Applications of Blockchain Technology
- Case Studies
- Making Land Registry Revolutionary Using Blockchain Technology5
- The Challenge
- The Blockchain Solution
- Challenges and Solutions
- Results
- Conclusion
- Blockchain-Based Supply Chain Traceability Transformation6
- 8. The Changing Structure of the Financial Services Industry
- Evolution and Disruption in Finance
- The Digital Revolution in Banking: From In-person to Digital Channels
- Gearing up for Substantial Shifts in Finance
- A Change in Customer Experience Paradigm
- Open Banking's Potential Unlocked: Improving Customer Experience With Platforms
- Future Financial Platform Owners: Who Will They Be?
- A Platform Model of Customer Experience Faces Wider Challenges
- Competing in the Developing Financial Product Market: A Changing Environment
- Reviving the Foundation: Modernizing Shared Financial Infrastructure and Back Office
- Streamlining Compliance Functions.
- Challenges and Opportunities in Financial Infrastructure Upgrade
- 9. Regulatory, Governance and Future Trends in the Financial System
- The Financial System's Shape and the Value of Regulation
- An Historic View on the Effects of Financial Market Regulations
- Regulatory Standards and Their Implications on Sustainable and Financial Advancement
- The Current Legal Structures Supervising Financial Digital Shifts
- The Four Principles
- Independence
- Independence of Institution
- Autonomy in Regulations
- Autonomy in Supervision
- Financial Autonomy
- Transparency
- Accountability
- The Accountability of Institution
- Accountability in Regulations
- Accountability in Supervision
- Financial Accountability
- Integrity
- Governance in the Financial Services Industry
- The Importance of Corporate Governance in Financial Institutions
- Governance Framework Modifications in Response to Market and Technological Developments
- Cases of Successful and Failed Governance
- Emerging Trends and Their Implications for Regulation and Governance
- The Challenges of Emerging Trends
- Core Advantages of Emerging Trends
- Open Issues and the Future of Regulation and Governance
- 10. Quantum Computing and Its Implications for Financial Markets
- Introduction of Quantum Computer
- Work on Quantum Computing
- Quantum Computers in Financial Markets
- Possible Assistances of Quantum Computing
- TheApplication of Quantum Computing in Finance
- Optimization
- Monte Carlo Simulations
- Quantum Machine Learning
- The Management of Portfolio
- Risk
- References
- Index.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Part of the metadata in this record was created by AI, based on the text of the resource.
- ISBN:
- 9781835493304
- 1835493300
- OCLC:
- 1500268661
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