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- E-Finance Lab e.V. (21) (remove)
FINANCIAL SERVICES PROVIDERS ARE EXPOSED TO DIFFERENT SOURCES OF INSTITUTIONAL PRESSURE ARISING FROM THE INTENSE COMPETITION AND REGULATION IN THE BANKING SECTOR. AGAINST THIS BACKGROUND, THIS ARTICLE ANALYZES THE DETERMINANTS OF GRID ASSIMILATION AND THE ROLE OF INSTITUTIONAL PRESSURE IN THE GRID ASSIMILATION PROCESS.
AS A MATTER OF COURSE, QUANTITATIVE DATA SUCH AS TIME SERIES AND QUARTERLY FIGURES ARE FREQUENTLY USED IN FINANCIAL ANALYSIS. SUCH DATA CAN BE PROCESSED AUTOMATICALLY AND INTERPRETED RATHER EFFICIENTLY. HOWEVER, A SIGNIFICANT PERCENTAGE OF RELEVANT INFORMATION ORIGINATES FROM UNSTRUCTURED SOURCES, PRIMARILY TEXTUAL DATA, WHICH REQUIRE MANUAL (HUMAN) INTERPRETATION. WE EXPLORE EMPIRICALLY HOW MACHINE LEARNING TECHNIQUES CAN PROVIDE SUPPORT FOR ANALYZING AND INTERPRETING SUCH TEXTUAL DATA SOURCES.
THE EUROPEAN POST-TRADING LANDSCAPE IS RECENTLY CHANGING FUNDAMENTALLY DUE TO THE FINANCIAL CRISIS, REGULATORY ACTIONS, AND THE STRONG LINKAGE OF GLOBAL FINANCIAL MARKETS. THE SYSTEMIC IMPORTANCE OF POST-TRADING INFRASTRUCTURES UNDERLINES THE INDUSTRY’S SIGNIFICANT DEPENDENCE ON SAFE AND EFFICIENT RISK MANAGEMENT PROCESSES. USING THE DELPHI METHODOLOGY IN A STUDY AMONG A MULTITUDE OF EXPERTS FROM DIFFERENT AREAS OF POST-TRADING, WE TRIED TO DEVELOP A JOINT AND COHERENT VIEW OF THE MOST IMPORTANT ISSUES FOR THE EUROPEAN POST-TRADING SYSTEM IN THE NEAR FUTURE.
THE PRESENT ARTICLE TRIES TO DEMYSTIFY THE LINK BETWEEN THE SUBPRIME BANKING CRISIS AND THE SUBSEQUENT FALL IN GROSS DOMESTIC PRODUCT. AN UP-TO-DATE REVIEW OF THE LITERATURE ON THE REAL CONSEQUENCES OF THE LOSS OF BANK LENDING CAPACITY IS PROVIDED, PRESENTING EVIDENCE OF A DECLINE IN NEW BANK LOANS ALONG WITH EVIDENCE OF CORPORATE REACTIONS TO THIS DECLINE. FINALLY, IT IS SHOWN HOW THE PRESENTED FACTS CAN ADD UP TO AN EVENT OF MACROECONOMIC DIMENSION.