The Use of Information Technology in Financial Management

Abstract

The article explores the concept of information technology and clarifies the essence of information technology in finance. The types of information technology in finance have been studied and their classification according to business entities has been carried out. A brief description of the main software products, the purpose of which is to ensure the implementation of the process of automation of financial research is given. The main tools for managing household (or person) finance using modern information technology are presented. The implementation of e-government in Ukraine is analyzed. The evaluation of the effectiveness of e-government implementation with the help of E-Government Development Index in Eastern European countries and in Ukraine is performed. A detailed analysis of the E-Government Development Index in Ukraine using a system of indicators has been studied. Digital technologies in the economy in general and in finance in particular have been studied separately. The indicators of world indexes digital economy development for Ukraine and for Eastern European countries are analyzed. The advantages and problems of the modern cryptocurrency market are clarified. The main directions of using artificial intelligence in finance are determine.