FINANCIAL TECHNOLOGIES AS A TOOL FOR MANAGEMENT OF CAPITAL STRUCTURE IN MODERN CONDITIONS
Abstract
The article is devoted to topical issues of financial technology research as a tool for capital structure management in modern conditions. It was found that financial technologies include a whole complex of complementary technologies, in particular, mobile networks, large data sets, cloud technologies, artificial intelligence, etc., which together make it possible to form a fairly large range of operations in the field of finance. This type of technology became most widespread with the beginning of the global financial crisis in 2008, the consequences of which led to financial companies reducing their costs. The essence of the concept of financial technologies was analyzed by domestic and foreign scientists. It has been established that financial technologies are technologies, the use of which is provided in the field of finance in order to optimize the amount of expenses, to increase the added value of own products, as well as to quickly go through various processes, etc. The factors that influenced the development of the field of financial technologies (economic crisis phenomena on the world stage and their consequences, the activation of digitalization processes and the development of the Internet network, the popularization of social networks and messengers, the growth of the spread of innovations, as well as the increase in the scale of electronic commerce) are revealed. The main directions of financial technologies in modern conditions are given. The considered factors made it possible to provide favorable conditions for the introduction of modern digital solutions in the financial sphere. The main features of financial technologies in modern conditions are revealed, in particular, the use of financial technologies makes it possible to create not only modern models of activity of financial intermediaries, but also the latest financial products; financial technologies are highly effective innovations that can significantly change the process of providing financial services and the field of finance as a whole; financial technologies are based on informational and innovative technologies.
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