By
Roy Freedman, Founder, Inductive Solutions; Adjunct Professor, Financial Engineering, Polytechnic University, NY
Description
The 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. A Powerpoint presentation that outlines
each chapter's main points is available in a companion instructor's website, and an online instructor’s manual is available.
Audience:
Primary audience: Primary textbook for students in technical schools, career education schools taking courses in Financial Technology,
Clearing and Settlement of Financial Transactions, Risk Management systems. Supplemental textbook for students in courses in MIS (management
of information systems) in finance; finance, financial engineering, and software engineering. Secondary audience: Professionals
new to financial technology seeking a solid grounding and overview of the area.
