History and prospects of Digital Finance

The course ‘History and prospects of digital finance” will provide doctoral candidates with an understanding of innovation in financial markets and how this relates to the adoption and use of digital technologies. While analyzing key transformative moments in global financial markets such as digitalization of stock exchanges, rise of algorithmic trading and dark pools, Flash Crash in 2010, and increasing application of machine learning in finance, doctoral candidates will learn to understand the operational and strategic reasons for the adoptions of particular market technologies and innovations and the management and implementation issues involved in the introduction and exploitation of key innovations.
The doctoral candidates will gain insight into the different strategies implemented by the financial institutions to cope with digitalization and increased competition by other digitally advanced financial institutions, Fintech companies and BigTech companies.
Moreover, after completing the course, candidates will be able to recognize the potential and risks to financial markets participants from new market innovations and technologies. They will be equipped to participate in the development and adoption of financial innovations in future professional settings with market operating entities, financial organizations, financial technology vendors and consultants, and national or international regulatory bodies.

Course coordinator: Alessandra Tanda