Theoretical aspects of financial engineering in a commercial bank.

Yana Andrieieva
PhD in Economics, Lecturer, Department of Financial Management and Stock Market, Odessa National Economics University, Ukraine, е-mail:ysandreeva8@gmail.com, ORCID ID:https://orcid.org/0000-0002-3032-8408

Gennadiy Velishko
PhD in Economics, Professor, Department of Financial Management and Stock Market, Odessa National Economics University, Ukraine, е-mail:fmfr@oneu.edu.ua, ORCID ID:https://orcid.org/0000-0003-3989-2288

Iryna Ropotan
in Economics, Associate Professor, Department of Financial Management and Stock Market, Odessa National Economics University, Ukraine, e-mail:ropotan4ik@ukr.net, ORCID ID:https://orcid.org/0000-0003-0804-8204

Cite this article:

Andrieieva, Y., Velishko, G., Ropotan, I. (2018). Theoretical aspects of financial engineering in a commercial bank. Ed.: M. Zveryakov (ed.-in-ch.) and others [Teoretychni aspekty finansovoho inzhynirynhu v komertsiinomu banku; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 1 (65), pp. 135‒143.

Abstract

The article deals with theoretical aspects of financial engineering on the financial market. The existing theoretical approaches to the definition of the essence of financial engineering, its role and principles in the management of banking institutions are summarized. Effective banking activity on the financial market, their specifics, problems, dynamic processes ‒ all this requires the formation of an effective system of financial engineering. The most effective system of financial engineering for banks for the purpose of redistribution of financial resources, risks, liquidity, profitability and information in the conditions of financial market volatility and peculiarities of its formation are determined. Methodology of banking engineering, which adapts to transformational conditions for the development of banking business processes is developed.

Keywords

engineering; innovative tools; effective system; financial market; business processes.

JEL classification: J190; DOI: https://doi.org/10.33987/vsed.1(65).2018.135-143

UD classification: 336.713:336.055

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