David Kuo Chuen Lee - Fintech For Finance Professionals

Fintech for
Finance Professionals

Global Fintech Institute - World Scientific Series on Fintech

Print ISSN: 2737-5897
Online ISSN: 2737-5900

In the digital era, emerging technologies such as artificial intelligence, big data, and blockchain have revolutionized peoples daily lives and brought many opportunities and challenges to industries. With the increasing demand for talents in the fintech realm, this book series serves as a good guide for practitioners who are seeking to understand the basics of fintech and the applications of different technologies. This book series starts with fundamental knowledge in finance, technology, quantitative methods, and financial innovation to lay the foundation for the fundamentals of fintech, and understanding the trending issues related to fintech such as regulation, applications, and global trends. It is a good starting point to the fintech literature and is especially useful for people who aspire to become fintech professionals.

Published:

Vol. 3Fintech for Finance Professionals
edited by David LEE Kuo Chuen, Joseph LIM, PHOON Kok Fai and WANG Yu

Vol. 2Finance for Fintech Professionals
edited by David LEE Kuo Chuen, Joseph LIM, PHOON Kok Fai and WANG Yu

Vol. 1Foundations for Fintech
edited by David LEE Kuo Chuen, Joseph LIM, PHOON Kok Fai and WANG Yu

Forthcoming:

Applications and Trends in Fintech I: Governance, AI, and Blockchain Design Thinking

David Lee Kuo Chuen (Global Fintech Institute, Singapore & Singapore University of Social Sciences, Singapore), Joseph Lim, Phoon Kok Fai and Wang Yu (Singapore University of Social Sciences, Singapore)

Applications and Trends in Fintech II: Cloud Computing, Compliance, and Global Fintech Trends

David Lee Kuo Chuen (Global Fintech Institute, Singapore & Singapore University of Social Sciences, Singapore), Joseph Lim, Phoon Kok Fai and Wang Yu (Singapore University of Social Sciences, Singapore)

More information on this series can also be found at https://www.worldscientific.com/series/gfiwssf

Fintech for
Finance
Professionals

Editors

David LEE Kuo Chuen

Global Fintech Institute, Singapore
Singapore University of Social Sciences, Singapore

Joseph LIM

Singapore University of Social Sciences, Singapore

PHOON Kok Fai

Singapore University of Social Sciences, Singapore

WANG Yu

Singapore University of Social Sciences, Singapore

Published by

World Scientific Publishing Co. Pte. Ltd.

5 Toh Tuck Link, Singapore 596224

USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601

UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE

and

Global Fintech Institute Ltd.

80 Robinson Road, #08-01, Singapore 068898

Library of Congress Cataloging-in-Publication Data

Names: Lee, David (David Kuo Chuen), editor. | Lim, Joseph, editor. | Phoon, Kok Fai, editor. | Wang, Yu, editor.

Title: Fintech for finance professionals / editors, David Lee Kuo Chuen (Global Fintech Institute, Singapore, Singapore University of Social Sciences, Singapore), Joseph Lim (Singapore University of Social Sciences, Singapore), Phoon Kok Fai (Singapore University of Social Sciences, Singapore), Wang Yu (Singapore University of Social Sciences, Singapore).

Description: Singapore ; Hackensack, NJ : World Scientific, [2022] | Series: Global Fintech Institute - World Scientific series on fintech, 2737-5897 ; vol. 3 | Includes bibliographical references.

Identifiers: LCCN 2021041940 | ISBN 9789811241079 (hardcover) | ISBN 9789811241864 (paperback) | ISBN 9789811241086 (ebook) | ISBN 9789811241093 (ebook other)

Subjects: LCSH: Finance--Technological innovations. | Finance--Technological innovations--Problems, exercises, etc. | Financial engineering. | Finance.

Classification: LCC HG173 .F5375 2022 | DDC 332--dc23

LC record available at https://lccn.loc.gov/2021041940

British Library Cataloguing-in-Publication Data

A catalogue record for this book is available from the British Library.

Copyright 2022 by Global Fintech Institute

All rights reserved.

For any available supplementary material, please visit

https://www.worldscientific.com/worldscibooks/10.1142/12390#t=suppl

Desk Editors: Balasubramanian Shanmugam/Yulin Jiang

Typeset by Stallion Press

Email:

Printed in Singapore

Preface

The Fintech for Finance Professionals Volume provides a significant underpinning to the CFtP qualification. It covers important concepts in technologies for professionals in the finance and fintech areas. Technologies such as artificial intelligence, big data, and data science have been applied to various areas in finance and there is an increasing demand for the skills and knowledge related to fintech. It is high time for finance professionals to know about the basics of these technologies and fundamentals of subjects like data structure and computer network. This will give finance professionals a better idea of how to explore the potentials of applying emerging technologies in solving issues in the financial industries. The knowledge will be useful for anyone that would like to have a solid understanding of the Fintech.

This book covers the main concepts and theories of the technologies in Fintech which consist of four parts. includes Computer Network and Network Security.

This book is a companion volume to the book titled Finance for Fintech Professionals that covers the fundamental concepts in Finance. Together, these two books form the foundation for a good understanding of finance and fintech applications which will be covered in subsequent volumes.

About the Editors

Professor David LEE Kuo Chuen is a professor at the Singapore University of Social Sciences and Adjunct Professor at the National University of Singapore. He is also the founder of BlockAsset Ventures, the Chairman of Global Fintech Institute, Vice President of the Economic Society of Singapore, Co-founder of Blockchain Association of Singapore, and Council Member of British Blockchain Association. He has 20 years of experience as a CEO and an independent director of listed and tech companies and is a consultant and advisor to international organizations on food supply chain, blockchain, fintech, and digital currency.