2-Day Program

Financial Technology and Innovation

Understanding the technological transformation of finance

About the program

Technology has undeniably changed how financial markets and institutions function.

Every part of the financial value chain is being “disrupted” by digital innovations. Credit decisions are becoming automated, our payment system is digital and human investment advisors are being replaced with algorithms, just to name a few. Each change brings new questions.

How can we best take advantage of the data generated by digital transactions? How are new technologies disrupting an industry previously built on personal relationships? Can new technologies such as blockchains improve transparency in financial markets and corporate governance? What concerns arise when your retirement fund is managed entirely by software?

This 2-day interactive program has been designed by two leading experts in the field, to provide managers and investors with the skills and knowledge to stay ahead of the wave of change.

This workshop will enable you to:

  • Update your understanding of financial and lending markets
  • Understand how technology is transforming finance
  • Consider what this means for financial services professionals and the consumers of financial services
  • Explore and develop ideas and opportunities for change and innovation through technology within your organization

Who should attend

The program is widely applicable to anyone interested in navigating the transformative forces in finance.While this includes senior managers, traders, compliance officers and client-facing financial professionals – those with an interest in personal investments and disruptive technology will find the content equally valuable.

Personal benefits

The concepts and skills taught in the Program will prepare you and your organization for the inevitable further convergence of finance and technology.

You will:

  • Gain an appreciation for the increased speed of information, and its impact on faster markets, financial advice and trading strategy.
  • Discover how big data, artificial intelligence and machine learning are disrupting lending markets and investing.
  • Understand the concept and promise of blockchain technologies.

Organizational benefits

Bring leading Fintech concepts and theories into your organization.

  • Realize the potential for distributed ledgers to revolutionize corporate governance through real-time accounting and ownership transparency.
  • Complement traditional finance and accounting knowledge with modern technologies.
  • Drive innovation by challenging conventional financial wisdom.
  • Mitigate risk presented by a sea change of innovation.

Program content

Program Preview:

Day-1: How faster information dissemination is changing the markets for advice and trading

  • Learn how hard and soft information are disseminated through non-traditional venues such as social media and informal information networks
  • Understand why faster information means faster markets
  • Learn how machine learning, artificial intelligence and big data are altering the investing landscape
  • Understand why more hard information means your financial advisor may be a robot

Day-2: How artificial intelligence and blockchains are changing the market for lending and corporate governance

  • Learn what artificial intelligence, machine learning and big-data techniques mean for lending
  • Understand how automated lending and peer-to-peer lending have the potential to accelerate entrepreneurship and innovation outside of finance
  • Understand what the distributed ledger and blockchain technology mean for corporate governance

Session leaders include senior professors from Smith School of Business and knowledgeable experts from industry. These outstanding teachers are constantly in touch with today's business world through real-world business experience and their own consulting practices.

Evan Dudley is an Assistant professor of finance at the Smith School of Business. Evan studies markets for lending and derivatives, as well as corporate financing decisions. Evan’s work centers on how technology and financial innovation facilitated the 2007-2008 financial crisis. His research explores how technological Innovations in mortgage lending led to too much credit in the housing market, and maturity transformation through financial innovation led to too much risk taking in financial markets. His work has been published in the Journal of Law and Economics, The Journal of Corporate Finance, and the Journal of Financial and Quantitative Analysis. He is currently exploring how automated lending will change the market for lending. He was recently awarded a SSHRC grant to explore how artificial intelligence and big-data techniques are changing small-business lending.

 

Before starting at the Smith School, Evan was an Assistant professor at the University of Florida where he taught in the Masters, MBA and Professional MBA programs. Prior to his academic career, Evan worked as a derivatives trader in a client-facing role at National Bank Financial in Montreal.

Ryan Riordan is an Associate Professor and Distinguished Faculty Fellow of Finance at Smith School of Business. Ryan studies how investors and exchanges use technology, in particular high-frequency trading systems, and the impact of these systems on the quality of financial markets. Too much technology, or its misapplication, can result in markets that are unstable and expensive to trade in. Not enough technology can mean investors do not meet their investment targets. He is also looking at a broader question: Is faster price discovery better for markets? He is exploring the impact of ever faster price discovery on other important market factors, such as liquidity, short-term volatility, and long-term price discovery and efficiency. His work has been published in the Journal of Financial Economics, Review of Financial Studies, Journal of Banking and Finance, Journal of Financial and Quantitative Analysis, Journal of Financial Markets, and the Journal of the Association of Information Systems. His work has won awards such as the Michael J. Brennan Award for the best paper published in the Review of Financial Studies, and the Philip Brown Prize for the best paper published using Sirca data. In 2015 Ryan was awarded a SSHRC grant and the Smith School of Business New Research Award.  

Before starting at Queen’s, Ryan was an assistant professor at University of Ontario Institute of Technology and assistant professor at the Karlsruhe Institute of Technology. He earned his PhD from Karlsruhe Institute of Technology and MBA from the Sprott School of Business at Carleton University. Before embarking on an academic career, Ryan worked as a trader and risk manager at HSBC Trinkaus in Dusseldorf, Germany.

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Cedric Atkinson

Speak to a member of our team.
Call 1.888.393.2338 or Chat live
Monday to Friday. 8:30 am - 4:00 pm EDT

Upcoming Sessions

    Toronto, Ontario, Canada

    Smith School of Business Toronto Campus
    200 Front Street West, Suite 3020
  • Nov 27 to Nov 28

Fees

$2,900 CAD (plus applicable taxes)