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Contribution of Disruptive Technologies in Computational Finance

Contribution of Disruptive Technologies in Computational Finance
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Author(s): Arvind Kumar Bhatt (G.L. Bajaj Institute of Management and Research, India), Anand Kumar Rai (G.L. Bajaj Institute of Management and Research, India)and Rajesh Tiwari (Graphic Era University (Deemed), India)
Copyright: 2024
Pages: 14
Source title: Algorithmic Approaches to Financial Technology: Forecasting, Trading, and Optimization
Source Author(s)/Editor(s): Amandeep Singh (Chitkara Business School, Chitkara University, India), Sanjay Taneja (Graphic Era University (Deemed), India)and Pawan Kumar (Chandigarh University, India)
DOI: 10.4018/979-8-3693-1746-4.ch009

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Abstract

Disruptive technologies have ignited a profound transformation in the landscape of computational finance. As the realms of finance integrate cutting-edge technologies like quantum computing, artificial intelligence, blockchain, and big data analytics, the limits of financial possibilities are continually being pushed further. As artificial intelligence, blockchain, big data analytics, and quantum computing find their place in the financial realm, the boundaries of what is possible in finance are constantly expanding. This chapter explores the impact of these disruptive technologies on computational finance, dissecting their applications, benefits, challenges, and ethical considerations. By navigating this ever-evolving intersection of technology and finance, the authors gain insights into a future where financial services are more efficient, accessible, and adaptable than ever before. The chapter analyzes the tools for better understanding of the technology in finance domain and provide the trends of research in computational finance space using bibliometric analysis.

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