New Orientation Of The Financial World

New orientation of the financial world

Introduction.

Today, as in most sectors, the use of the tools offeredThis is very important to make a fairly detailed analysis of the new trends in the financial sector in which the block chain (blockchain), the Fintech, the artificial intelligence, the big data, the digitalization of finance and regulation among others stand out among others.

As we will see next, today the world is increasing, do not renew and fall back on the competition is paid more expensive than ever.

Developing.

In this work it will be seen that the block chain or blockchain is a technology that allows to create computer networks without the need for a localized central database or a server, as well as to connect computers with each other. As a consequence, it is possible to create a network where computers share the computing power and use the total sum of that power to perform a specific task in the shortest possible time. 

Thanks to the block chain they have prospered, the famous virtual currencies such as Bitcoin, among others. In addition, what is the Fintech technology, which explained in a few words are the new applications, processes, products or business models in the financial services industry is also. 

Fintech companies have revolutionized the sector, since they have realized that new users want to control their finances in a faster, agile, safe, simple and, above all, much more economical way than the banking entities offered.

The most common Fintech companies are responsible for financing individuals and companies, fund transfer, financial advice and payments and charges through smartphones. 

Another important points in work is artificial intelligence that is intelligence carried out by machines, such as the rest of contemporary technological advances, opens the door to new opportunities and welcomes alternatives that challenge or move away fromTraditional business models. 

However, if artificial intelligence between the rest of the transformative agents stands out, it is because its full development would mean the assignment of decisive tasks associated with human intellectual capacity and would leave important financial decisions in their hands as will be seen withmore detail throughout work. And finally at work, the Big Data will be discussed, which is a concept that refers to the storage of large amounts of data and the procedures used to find repetitive patterns within that data.

conclusion.

 In the financial sector, Big Data serves for rapid data processing, risk management, creating dynamic price strategies, fraud prevention, decision -making support, detecting consumption trends, defining new ways to do things better, Advanced client segmentation, detect alerts and other complex and repetitive events.

To all this, it is also worth mentioning the importance of the regulation and digitalization of the financial sector around the world, doing as mentioned above to innovate is a much more important action today than what was before it was.