Financial Service Processes Analytics

This course traces the trade cycle and outline the front, middle and back office processes in financial services industry. For each of the key operational process, the course provides an overview of the process as well as the use of technology and analytics. Through the course, students are expected to develop the knowledge and skills in the managing, utilizing and leveraging of information technologies and analytics to support daily operations in financial institutions. Knowledge of programming languages is not required. From this course, students are expected to:

• Explain and elaborate on the impact of financial technologies on financial markets, exchanges, and banking
• Describe different classes of financial information systems such as payment systems, funds transfer networks, trading and settlement systems, and how these systems work in financial institutions.
• Able to describe how various classes of algorithms work in financial trading, calculate the efficiency of these algorithms and how to apply them in different trade settings.

The course is intended to prepare undergraduates for careers in Finance, MIS and management consulting, who will need to have a firm grasp of technology concepts as they relate to the financial services context.