|PROBLEMS OF MODERN ECONOMICS, N 1 (85), 2023|
|FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES|
|Kljuchnikov I. K.|
Anatoly Sobchak International Banking Institute PhD (Economics), Professor
Molchanova O. A.
Chair of Economic Theory and the History of Economic Thought, St. Petersburg State University of Economics, PhD (Economics), Professor
Kljuchnikov O. I.
Assistant Professor, Chair of Banking and Innovative Financial Technologies, Anatoly Sobchak International Banking Institute PhD (Economics)
|Financial management in the cloud, or cloud financial calculations allows solving many problems related to competitiveness of financial institutions. Among other things, it allows eliminating discrepancies among various data repositories and their management systems, decreases the level of human mistakes, enhances managerial flexibility, and facilitates broader connections with the clients. In general, development of cloud technologies in financial sphere is connected to the sustainability of the financial system, especially with regard to financial markets. The article discusses relations between new technologies, including cloud technologies, and sustainability of finances, as well as the new forms of risk management organizations in banking.|
|Key words: cloud financial calculations, financial efficacy, risk management, financial sustainability|
| Pages: 69 - 73|