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How does Financial Informatization Influence the Financial Industry?
- 1 Qianan, Tangshan City Hebei province, 063000, China
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Abstract
In this modern world, talented people create thousands of new technologies like John von Neumann who invented computers and Martin Lawrence Cooper invented phones, all of these E-Techs are recording every information from a person, an organization, or a nation and transmitting the information to the public website. Newspapers, TV shows, and websites always show people information from everywhere in totally different fields, nations are using those technologies to gather information from every corner of the world to have a Big Data Analysis. But, how do those investors or businessmen make a big profit from information? In this essay, I will use qualitative research like a questionnaire to show the influence of financial informatization on the financial industry. The based result was financial informatization is pushing financial industry creation and development and improving the core competitiveness. In conclusion, financial informatization is showing a positive influence on the financial industry.
Keywords
Financial informatization, Information development, financial institutions
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Cite this article
Zhao,W. (2023). How does Financial Informatization Influence the Financial Industry?. Advances in Economics, Management and Political Sciences,4,580-584.
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Volume title: Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅱ
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