In Techgraph, Dr Arindam Banerjee, writes on how the global strategic finance is undergoing significant transformations fuelled by quick technological progress, geopolitical factors, regulatory updates, and evolving market conditions.
Dr Banerjee is a Professor of Finance, Director of the Masters in Applied Finance & Wealth Management and the Executive Program in Global Strategic Finance, and Head of Alumni Relations for the Middle East and Africa at SP Jain School of Global Management.
In the article, he stresses the importance of implementing a robust financial strategy to address regulatory challenges and the rise of new financial products like cryptocurrencies and exchange-traded funds (ETFs). Businesses should quickly adjust to these new technologies and rules and companies must focus on staying competitive and ensuring compliance while effectively managing financial risks.
The key takeaways from the article are:
- Technological Advancements: AI and blockchain are transforming decision-making and transactions, providing real-time insights and reducing costs.
- Regulatory Compliance: Stricter regulations demand strong compliance and data protection, requiring companies to stay updated and leverage technology.
- Investment Evolution: New financial products like ETFs and cryptocurrencies present opportunities but require careful risk assessment.
- Talent Development: Regular learning and skill-building are essential for finance professionals, and promoting diversity encourages innovation and enhances decision-making.
- Ethical Practices: Being committed to ethical behaviour and following the rules is important for gaining trust from stakeholders and keeping a good reputation.
To read the full article, please click here.
