Title: Financial system and big data: state of the art

Authors: Loris Di Nallo; Daniele Marandola; Rocco Battista; Maria Lucetta Russotto

Addresses: Department of Economics and Law, University of Cassino and Lazio Meridionale, Viale dell'Università, Cassino, Italy ' Department of Economics and Law, University of Cassino and Lazio Meridionale, Viale dell'Università, Cassino, Italy ' Department of Economics and Law, University of Cassino and Lazio Meridionale, Viale dell'Università, Cassino, Italy ' Department of Economics and Business Sciences, University of Firenze, Via delle Pandette, Firenze, Italy

Abstract: This paper wants to analyse the research opportunities for use of big data in the financial system and in particular in the choice of financing. Big data are a central theme in literature, due to their great use in many contexts, such as data management, marketing services and so on. We first have to analyse the literature review in order to study the central theme. The purpose is to present a snapshot of big data academic research in the financial system and to highlight areas for further research. So, this narrative examination serves as a suitable starting point for potential research and development and allows researchers to define and refine research area. Financial system in this paper includes all the phases of the decision-making of business financing choices and therefore of contact also with banks and financial intermediaries. The research questions are: 'What are the most important themes in the existing research in big data? ' and 'Where are the resulting gaps in the literature? '.

Keywords: big data; financial system; financial structure; financial markets; cost of capital.

DOI: 10.1504/IJDCET.2023.129018

International Journal of Digital Culture and Electronic Tourism, 2023 Vol.4 No.2, pp.141 - 154

Received: 15 Nov 2021
Accepted: 18 Oct 2022

Published online: 14 Feb 2023 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article