Modern Information Technologies in Financial Management: Challenges, Prospects and Implementation Cases

Abstract

Introduction. Modern information technologies form an interconnected ecosystem of financial management. The practical significance lies in the development of an algorithm for overcoming personnel, integration and cyber risks. The development prospects are related to the convergence of predictive analytics, explicable artificial intelligence, and distributed ledgers. Materials and Methods. The research is based on scientific publications, business media and corporate reports. The case study method was applied using methods of systematization and comparative analysis based on the material of five major domestic companies (Sberbank, X5 Group, Lukoil, Magnit, Alfa-Bank). Results. The main technological solutions (enterprise resource planning systems, cloud platforms, artificial intelligence, big data, distributed registries) are systematized, their functional purpose and barriers to integration are determined. The evolution of digitalization has been confirmed: from automation of operations to the intellectualization of analysis. The effects were recorded: reducing transaction operating costs by up to 27 %, reducing fraudulent transactions by 92 %, optimizing inventory, and issuing digital financial assets worth over 600 billion rubles. Conclusion. Modern information technologies form an interconnected ecosystem of financial management. The practical significance lies in the development of an algorithm for overcoming personnel, integration and cyber risks. The development prospects are related to the convergence of predictive analytics, explicable artificial intelligence, and distributed ledgers.