Introduction to Financial TechnologyThe financial technology environment is a dynamic, high-pressured, fast-paced world in which developing fast and efficient buy-and-sell order processing systems and order executing (clearing and settling) systems is of primary importance. The orders involved come from an ever-changing network of people (traders, brokers, market makers) and technology. To prepare people to succeed in this environment, seasoned financial technology veteran Roy Freedman presents both the technology and the finance side in this comprehensive overview of this dynamic area. He covers the broad range of topics involved in this industry--including auction theory, databases, networked computer clusters, back-office operations, derivative securities, regulation, compliance, bootstrap statistics, optimization, and risk management—in order to present an in-depth treatment of the current state-of-the-art in financial technology. Each chapter concludes with a list of exercises; a list of references; a list of websites for further information; and case studies.
|
From inside the book
Results 1-5 of 84
... standards; clearing and settlement; and financial systems risk. Material in Introduction to Financial Technology can be used in selected topics courses for programs in management of information systems, finance, financial engineering ...
... standard secure communication protocols for initiating and synchronizing communication, for authenticating market participants, and for ensuring that the market participants can communicate quickly in a common language. This enables the ...
... Standard RFC 1334: The Password Authentication Protocol (PAP) provides a simple method for the peer to establish its identity using a 2way handshake. This is done only upon initial link establishment.... The ChallengeHandshake ...
... standard protocols. Before the Morse telegraph, stations were specific locations (such as shipping ports or depots) that maintained services for the agents (called carriers or couriers) who physically carried the messages, mail, news ...
... standards for pigeon communication. RFC 1149 — A Standard for the Transmission of IP Datagrams on Avian Carriers — and RFC 2559 — IP over Avian Carriers with Quality of Service — have been released on April Fool's Day (1 April) in 1990 ...