Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)

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Digital Transformation of Financial Sector and Challengies for Competencies Development

Authors
Inese Mavlutova, Tatjana Volkova
Corresponding Author
Inese Mavlutova
Available Online October 2019.
DOI
10.2991/mdsmes-19.2019.31How to use a DOI?
Keywords
Competences, financial sector, information and communication technologies, robotics, artificial intelligence, digitalization
Abstract

The development of Information and communication technologies (ICT) and robotics has a significant impact on the competencies of companies operating in financial sector. Digital transformation leads to changing existing competencies rapidly, as well as necessity of developing new competencies specifically related to the use of ICT, Artificial intelligence and robotics in business processes, development of new products and updating existing ones. The aim of research is to investigate the competences in financial sector, their characteristics and the changes required and taking place in the light of developments in ICT, Artificial intelligence, robotics and other knowledge-intensive technological solutions. The application of new technologies is topical for companies, especially those working in the financial sector. New technologies related to the digitization of business processes, automation and the use of artificial intelligence require different competencies from managers and specialists, such as computer science, big data analysis, programming, working with virtual assistants.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
October 2019
ISBN
10.2991/mdsmes-19.2019.31
ISSN
2352-5428
DOI
10.2991/mdsmes-19.2019.31How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Inese Mavlutova
AU  - Tatjana Volkova
PY  - 2019/10
DA  - 2019/10
TI  - Digital Transformation of Financial Sector and Challengies for Competencies Development
BT  - Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
PB  - Atlantis Press
SP  - 161
EP  - 166
SN  - 2352-5428
UR  - https://doi.org/10.2991/mdsmes-19.2019.31
DO  - 10.2991/mdsmes-19.2019.31
ID  - Mavlutova2019/10
ER  -