The internet is dramatically transforming the way business is done, particularly for financial services. Digital Finance takes a thoughtful look at how the industry is evolving, and it explains how to integrate concepts of digital finance into existing traditional finance platforms.
This book explores what successful companies are doing to maximize their opportunities in this context and offers suggestions on how to introduce digital finance into a firm’s structure. Specific strategies for a digital future are presented, alongside numerous case studies that explore key attributes of success. In recognition of the rapidly evolving nature of finance today, Digital Finance is accompanied by a website maintained by the author (PerryBeaumont.com), as well as links to other content with insightful articles, analyses, and opinions.
For both practitioners and students of finance, Digital Finance provides a rich context for a better understanding of the landscape of finance today, and lays the foundation for us to process and create the financial innovations of tomorrow.
Table of Contents
Part 1. Digital Finance and Financial Services Chapter 1. Introduction Chapter 2. FinTech, InsurTech, PropTech, and RegTech Chapter 3. Big Data Part 2. Digital Finance and Traditional Finance Chapter 4. Theoretical foundations & Modern applications Chapter 5. Financial metrics & KPIs Chapter 6. Tangencies Chapter 7. Cyber Risk Part 3. The future of Digital Finance Chapter 8. Becoming Digital
Perry Beaumont, Ph.D., serves as Head of Data Science and Actuary at Distinguished Programs (a national insurance program manager) in New York City. Perry is also a Lecturer at Columbia University, and has published books, articles, and blogs on a variety of finance topics.
"A primer for anyone interested in the use of digital strategies for financial analysis. Perry takes you through the journey of public accessibility to financials and how the Digital Revolution has transformed financial analysis by providing a heightened level of speed and transparency. Digital Finance helps you get a complete picture of a company’s financials using big data, enabling you to evolve your analysis and deliver smarter insights." — Pranav Ghai, Co-founder & CEO, co-Founder and CEO, Calcbench
"At our firm, Distinguished Programs, we are committed to understanding our data more deeply, so we can make better decisions though data-driven, actionable insights. With practical examples, helpful definitions, and historical context, Digital Finance provides readers with real-world and theoretical foundations to assist with your particular journey. I commend this book to you, and trust you’ll find it as insightful as I have." — James Flynn, President, COO, Distinguished Programs, New York, New York