The FinTech Revolution in Financial Markets
This program offers a thorough, yet non-technical exposition of the important concepts associated with the FinTech phenomenon and the implications for the future of financial intermediation, banking, regulation and currencies. It is comprised of four modules covering Electronic Trading, Marketplace Lending, Big Data, and Cryptocurrencies and Blockchain.
Introduction
- Overview of current disruptive technologies
- Impact and maturity assessment
- The evolution of software engineering
Module 1: Rise of the Robots
- Electronic Trading
- Evolution of High Frequency Trading
- High Frequency Strategies
- Trading Mechanisms, Markets and Market Making
- Further Discussions on Microstructure
- Alpha Design
- Robo-advising
- Definitions
- Market analysis
- Investment Strategies
Module 2: Marketplace Lending
- Origins and Evolution
- Disintermediation
- Traditional banking and FinTech innovations
- Online lending ecosystems
- Originators
- Service Providers
- Investors
- Leverage Providers
- Regulators
- Major verticals
- Unsecured Consumer Loans
- Student Loans
- SME Loans
- Auto Loans
- Real Estate Loans
- Emerging Verticals (e.g. Solar)
- Investing in Marketplace Lending loans
- Whole Loan
- Securitized Products
- Retail Investing
- International Perspectives
- China
- Asia Ex-China
- Europe
- Latin America
Module 3: Big Data
- History and Enablers of Big Data
- Increasing storage capacity
- Increasing processing power
- Availability of data
- The era of algorithms and distributed computing
- Data Science
- Data Scientist: A new role within the corporation
- Classical data analysis vs. data science
- Data Science research process
- Machine Learning
- Regression and classification (supervised learning)
- Clustering and factor analysis (unsupervised learning)
- Deep Learning and AI
- Applications to Finance
- Portfolio Management
- Credit scoring
- Advanced Analytics for client management
- Alternative Data
- Social Media Data
- Sentiment
- Data from Sensors
- Geo-location
- Satellite imaging
- Search Data
- News API Services
Module 4: Cryptocurrencies & Blockchain
- Cryptocurrency Landscape
- Cryptocurrency History
- Introducing Bitcoin
- Mechanics of Bitcoin
- Current Concerns of Cryptocurrencies
- Overview of Risk
- Technology
- Legal
- Regulatory
- Reputation Risk
- Controversy
- Cryptocurrency Ecosystem
- Introduction
- Initial Coin Offering
- Diverse Array of cryptocurrencies
- Exchanges
- Cryptocurrency as An Asset Class
- Overview
- Statistical Facts
- Distributed-Ledger Protocols
- Mechanics of Blockchain
- Public Chains
- Private Chains
Conclusion: The future of FinTech