{"id":"https://openalex.org/W3006352205","doi":"https://doi.org/10.1109/mitp.2019.2963490","title":"What's Next in the Digital Transformation of Financial Industry?","display_name":"What's Next in the Digital Transformation of Financial Industry?","publication_year":2020,"publication_date":"2020-01-01","ids":{"openalex":"https://openalex.org/W3006352205","doi":"https://doi.org/10.1109/mitp.2019.2963490","mag":"3006352205"},"language":"en","primary_location":{"id":"doi:10.1109/mitp.2019.2963490","is_oa":true,"landing_page_url":"https://doi.org/10.1109/mitp.2019.2963490","pdf_url":"https://ieeexplore.ieee.org/ielx7/6294/8994109/08994137.pdf","source":{"id":"https://openalex.org/S86192639","display_name":"IT Professional","issn_l":"1520-9202","issn":["1520-9202","1941-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320439","host_organization_name":"IEEE Computer Society","host_organization_lineage":["https://openalex.org/P4310320439","https://openalex.org/P4310319808"],"host_organization_lineage_names":["IEEE Computer Society","Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IT Professional","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://ieeexplore.ieee.org/ielx7/6294/8994109/08994137.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009564684","display_name":"Tom Butler","orcid":"https://orcid.org/0000-0002-4053-183X"},"institutions":[{"id":"https://openalex.org/I27577105","display_name":"University College Cork","ror":"https://ror.org/03265fv13","country_code":"IE","type":"education","lineage":["https://openalex.org/I27577105"]}],"countries":["IE"],"is_corresponding":true,"raw_author_name":"Tom Butler","raw_affiliation_strings":["University College Cork"],"affiliations":[{"raw_affiliation_string":"University College Cork","institution_ids":["https://openalex.org/I27577105"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5009564684"],"corresponding_institution_ids":["https://openalex.org/I27577105"],"apc_list":null,"apc_paid":null,"fwci":4.3221,"has_fulltext":true,"cited_by_count":33,"citation_normalized_percentile":{"value":0.94245933,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":99},"biblio":{"volume":"22","issue":"1","first_page":"29","last_page":"33"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.9314000010490417,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.9314000010490417,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9017999768257141,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/digital-transformation","display_name":"Digital transformation","score":0.6341046690940857},{"id":"https://openalex.org/keywords/financial-services","display_name":"Financial services","score":0.5663253664970398},{"id":"https://openalex.org/keywords/leverage","display_name":"Leverage (statistics)","score":0.4893936216831207},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.47533488273620605},{"id":"https://openalex.org/keywords/financial-innovation","display_name":"Financial innovation","score":0.44684308767318726},{"id":"https://openalex.org/keywords/fintech","display_name":"FinTech","score":0.4445739686489105},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.3767256736755371},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3687160015106201},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.33015286922454834},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.15277516841888428}],"concepts":[{"id":"https://openalex.org/C126082660","wikidata":"https://www.wikidata.org/wiki/Q4252370","display_name":"Digital transformation","level":2,"score":0.6341046690940857},{"id":"https://openalex.org/C139043278","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial services","level":2,"score":0.5663253664970398},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.4893936216831207},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.47533488273620605},{"id":"https://openalex.org/C2777064627","wikidata":"https://www.wikidata.org/wiki/Q3151423","display_name":"Financial innovation","level":2,"score":0.44684308767318726},{"id":"https://openalex.org/C540431452","wikidata":"https://www.wikidata.org/wiki/Q16319025","display_name":"FinTech","level":3,"score":0.4445739686489105},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3767256736755371},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3687160015106201},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.33015286922454834},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.15277516841888428},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/mitp.2019.2963490","is_oa":true,"landing_page_url":"https://doi.org/10.1109/mitp.2019.2963490","pdf_url":"https://ieeexplore.ieee.org/ielx7/6294/8994109/08994137.pdf","source":{"id":"https://openalex.org/S86192639","display_name":"IT Professional","issn_l":"1520-9202","issn":["1520-9202","1941-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320439","host_organization_name":"IEEE Computer Society","host_organization_lineage":["https://openalex.org/P4310320439","https://openalex.org/P4310319808"],"host_organization_lineage_names":["IEEE Computer Society","Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IT Professional","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1109/mitp.2019.2963490","is_oa":true,"landing_page_url":"https://doi.org/10.1109/mitp.2019.2963490","pdf_url":"https://ieeexplore.ieee.org/ielx7/6294/8994109/08994137.pdf","source":{"id":"https://openalex.org/S86192639","display_name":"IT Professional","issn_l":"1520-9202","issn":["1520-9202","1941-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320439","host_organization_name":"IEEE Computer Society","host_organization_lineage":["https://openalex.org/P4310320439","https://openalex.org/P4310319808"],"host_organization_lineage_names":["IEEE Computer Society","Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IT Professional","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.5899999737739563,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"}],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3006352205.pdf","grobid_xml":"https://content.openalex.org/works/W3006352205.grobid-xml"},"referenced_works_count":4,"referenced_works":["https://openalex.org/W2583580882","https://openalex.org/W2991306088","https://openalex.org/W6733174051","https://openalex.org/W6770975479"],"related_works":["https://openalex.org/W4387663353","https://openalex.org/W4226191774","https://openalex.org/W4377289271","https://openalex.org/W3095064424","https://openalex.org/W4388950908","https://openalex.org/W4377968070","https://openalex.org/W2943007221","https://openalex.org/W2795321837","https://openalex.org/W4320009097","https://openalex.org/W3014308298"],"abstract_inverted_index":{"The":[0],"recent":[1],"report":[2],"on":[3,13,164],"FinTech":[4,57],"to":[5,16,95,104,112,116,149,182,193],"the":[6,10,22,32,49,78,91,107,117,122,137,165,216,221,225,231],"European":[7],"Commission":[8],"by":[9],"Expert":[11],"Group":[12],"Regulatory":[14],"Obstacles":[15],"Financial":[17],"Innovation":[18],"(ROFIEG),":[19],"of":[20,31,84,109,125,146,167,224,244],"which":[21],"author":[23],"was":[24],"a":[25,186,190,238],"member,":[26],"noted":[27],"that":[28,159,233],"just":[29],"19":[30],"161":[33],"largest":[34],"retail":[35],"and":[36,61,69,81,133,172,188,208,211],"commercial":[37],"businesses":[38],"globally":[39],"are":[40],"implementing":[41],"digital":[42,161,222,242],"transformation":[43,223,243],"at":[44,72,152,189],"scale.":[45,73],"3":[46],"However,":[47,86,176],"over":[48],"next":[50,118],"10":[51],"years,":[52],"Europe":[53],"will":[54,75,93,135,142,169,214],"grow":[55],"its":[56,97,180],"market":[58],"with":[59,179],"existing":[60],"new":[62],"players":[63],"deploying":[64],"Al,":[65],"DLT,":[66],"smart":[67,131],"contracts,":[68],"quantum":[70,177],"computing":[71,178],"Al":[74,111,185],"radically":[76],"transform":[77,136,170],"front,":[79],"middle,":[80],"back":[82],"offices":[83],"banks.":[85],"as":[87,140,198],"I":[88,157],"conclude":[89],"elsewhere,'":[90],"industry":[92],"have":[94],"manage":[96],"information":[98],"architectures":[99],"better":[100],"if":[101],"it":[102],"is":[103,228,237],"fully":[105],"leverage":[106],"potential":[108,181],"an":[110],"take":[113],"data":[114],"analytics":[115],"level":[119,192],"or":[120],"reduce":[121],"burgeoning":[123],"costs":[124],"regulatory":[126],"compliance.":[127],"Significantly,":[128],"innovations":[129,162],"in":[130,220,241],"contracts":[132],"DLT":[134],"payment":[138],"marketplace":[139],"they":[141],"enable":[143],"crypt\u00b0":[144],"assets":[145],"all":[147,153],"types":[148],"be":[150,215],"traded":[151],"levels":[154],"across":[155],"markets.":[156],"expect":[158],"disruptive":[160],"based":[163],"trading":[166],"cryptoassets":[168],"monetary":[171],"fi":[173,217],"nancial":[174],"systems.":[175],"make":[183],"strong":[184],"reality,":[187],"practical":[191],"perform":[194],"complex":[195],"tasks,":[196],"such":[197],"optimizing":[199],"investment":[200],"portfolios,":[201],"identifying":[202],"arbitrage":[203],"opportunities,":[204],"performing":[205],"accurate":[206],"credit":[207],"risks":[209],"scoring,":[210],"so":[212],"on,":[213],"nal":[218],"step":[219],"industry.":[226],"It":[227],"clear":[229],"from":[230],"forgoing":[232],"no":[234],"one":[235],"technology":[236],"silver":[239],"ballet":[240],"financial":[245],"institutions.":[246]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":9},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":3}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
