The Impact of Digital Transformation and FinTech on the Finance Professional

1. Auflage 2019
ISBN: 978-3-030-23718-9
Verlag: Palgrave Macmillan

Buch, Englisch, 414 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 771 g

Addresses the key technologies used in digitalization and their impacts to the IT landscape

Gathers the most relevant methods used in the bank management digitalization

Focuses on practical applications and their implementation in a bank environment

Gives an outlook to the impact digitalization will have in the daily work of a CFO / CRO and a structural influence to the financial management department of a bank

Zielgruppe

Professional/practitioner

Autoren/Hrsg.

Liermann, Volker

Stegmann, Claus

Fachgebiete

• Mathematik | Informatik EDV | Informatik Digital Lifestyle Online Banking & Finance
• Wirtschaftswissenschaften Betriebswirtschaft Management Forschung & Entwicklung (F&E), Innovation
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaft: Sachbuch, Ratgeber
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

1. Introduction- Volker Liermann, Claus Stegmann
Part 1: Automation, distributed ledger and client related aspects

2. Batch Processing: Pattern Recognition- Volker Liermann, Claus Stegmann
3. Hyperledger fabric as a blockchain framework in the financial industry-  Martina Bettio, Fabian Bruse, Achim Franke, Thorsten Jakoby, Daniel Schärf4. Hyperledger composer: syndicated loans- Gereon Dahmen, Volker Liermann5. The concept of the best action/offer in the age of customer experience- Uwe May6. Using prospect theory to determine investor risk aversion- Constantin Lisson7. Leveraging predictive analytics within a value driver based planning framework- Simon Valjanow, Phillip Enzinger, Florian Dinges8. Predictive Risk Management- Volker Liermann, Nikolas Viets9. Intraday liquidity: forecast using pattern recognition- Volker Liermann, Sangmeng Li, Victoria Dobryashkina
Part 2: Bank Management Aspects
10. Internal credit risk models with machine learning- Markus Thiele, Harro Dittmar11. Real estate risk: Appraisal capture- Volker Liermann, Norbert Schaudinnus12. Managing internal and external network complexity: how digitalization and new technology influence the modeling approach- Stefan Grossmann, Philipp Enzinger13. Big data and the CRO of the future- Richard L. Harmon
Part 3: Regulatory Aspects- Introduction
14. How technology (or algorithms like deep learning and machine learning) can help to comply with regulatory requirements- Moritz Plenk, Losif Levant, Noah Bellon15. New Office of the Comptroller of the Currency Fintech Regulation: Ensuring a Successful Special Purpose National Bank Charter Application- Alexa Philo
Part 4: Methods, Technology & Architecture- Introduction
16. Mathematical background of machine learning- Volker Liermann, Sangmeng Li, Victoria Dobryashkina17. Deep learning: an introduction- Sangmeng Li, Volker Liermann, Norbert Schaudinnus18. Hadoop: A standard framework for computer cluster- Eljar Akhgarnush, Lars Broeckers, Thorsten Jakoby19. In-memory databases and their impact on our (future) organizations- Eva Kopic, Bezu Teschome, Thomas Schneider, Ralph Steurer, Sascha Florin20. MongoDB: The journey from a relational to a document-based database for FIS balance sheet management- Boris Bialek21. Summary and Outlook- Volker Liermann, Claus Stegmann

Über Autor(innen)

Volker Liermann, a Partner at ifb group, brings twenty years of experience in financial risk management. His focus has additionally been on integrated stress testing and liquidity risk management as it impacts asset liability management and profitability. In recent years, he added digital transformation and machine learning to his subjects of expertise. Volker is leading the global business development for banking at ifb. He has an economics background and has a degree in mathematics from the University of Bonn, Germany.

Claus Stegmann, a Partner at ifb group and Member of the Executive Board, acquired extensive know-how during the last two decades in topics like SAP Bank Analyzer, risk management for banks, accounting, regulatory and compliance (Basel III, CRR/CRD IV, Solvency II), and in the management of complex projects in the financial industry. He also co-authored books on stress tests in banks and Basel III. He has an academic background as Diplom-Kaufmann (business school graduate) from the University of Passau, Germany.