1/29/2010

Review of Managing Financial Information in the Trade Lifecycle: A Concise Atlas of Financial Instruments and Processes (The Elsevier and Mondo Visione World Capital Markets) (Hardcover)

Martijn Groot's work in describing the world of financial content, data, and information is a comprehensive overview that spans multiple levels of readership.

For novices to financial technology, this book is the key manual in order to understand any financial technology application for the capital markets industry. By delving into various financial products, the content associated with it, and various industry players, the beginning reader gets a compass to navigate the wide world of financial data and financial products.

For more advanced readers and practitioners of financial technology and data, this book is a spot on read to make sense of the wide varieties and uses of this data. It really helps to put into perspective the kind of applications that are out there, and how this data is / can be used.

Also, what is new and intriguing to follow, is this concept taken from manufacturing - such as the supply-chain. Applying this concept and related metrics and ideas from other industries to the capital markets industry has been needed for a long time - especially in this day of rogue traders, operational breaks, and the resulting potential financial failures.

Definitely a must read at any level for industry experts and people who want to get into this space.




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