Abstract
The book covers a large cross section of the digitalization story with a focus on the financial sector. The introduction highlighted several major digitalization and fintech trends. The second chapter dealt with some of the most interesting aspects such as process automation, distributed ledgers and client-related innovative approaches.
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Notes
- 1.
Fintech and technology companies (GAFA).
- 2.
“We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run” (2016).
- 3.
The hype cycle is a branded graphical presentation developed and used by Gardner. It provides a graphical and conceptual presentation of the maturity of emerging technologies through five phases (Technology Trigger, Peak of Inflated Expectations, Trough of Disillusionment, Slope of Enlightenment, Plateau of Productivity).
- 4.
The affordable cluster structure offered by Hadoop clusters enables this technology to make the required computation.
Literature
Ariely, D. (2013, January 6). Big data is like teenage sex … [Twitter].
“Roy Amara 1925–2007, American futurologist” [book auth.] (2016). Susan Ratcliffe. Oxford essential quotations (4th ed.). Oxford: Oxford University Press.
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Liermann, V., Stegmann, C. (2019). Summary and Outlook. In: Liermann, V., Stegmann, C. (eds) The Impact of Digital Transformation and FinTech on the Finance Professional. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-23719-6_21
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DOI: https://doi.org/10.1007/978-3-030-23719-6_21
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-23718-9
Online ISBN: 978-3-030-23719-6
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