+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
Russian version 

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Evaluating the effectiveness of structured financial instruments in the commercial bank's ecosystem

Vol. 27, Iss. 3, MARCH 2021

Received: 25 January 2021

Received in revised form: 8 February 2021

Accepted: 22 February 2021

Available online: 30 March 2021

Subject Heading: Banking

JEL Classification: G21

Pages: 505522

https://doi.org/10.24891/fc.27.3.505

Alina K. YAKOVLEVA Institute of Economics and Management, Kemerovo State University (KemSU), Kemerovo, Russian Federation
yakovlevaalina16@mail.ru

ORCID id: not available

Elena A. FEDULOVA Institute of Economics and Management, Kemerovo State University (KemSU), Kemerovo, Russian Federation
fedulovaea@mail.ru

ORCID id: not available

Subject. The article considers the process of effective operation of structured financial instruments in the ecosystem of a commercial bank.
Objectives. The main purpose is to evaluate the economic viability of structured financial instruments in the commercial banks ecosystem. The primary targets include defining the position of structured financial instruments in the banks ecosystem, revealing their performance criteria, and evaluating their cost parameters for the profitability of the bank and its customers.
Methods. We employ the systems analysis, which enables to provide the integrity of the study, the comparative and statistical analysis of the data that determine the rate of return and efficiency of structured financial instruments in commercial banks ecosystem, and unveil the interrelation and interdependence of analyzed parameters.
Results. We define the position of structured financial products in the ecosystem of the bank, analyze their efficiency, and formulate proposals to improve their performance.
Conclusions. The evaluation of economic effectiveness of structured financial instruments in commercial banks ecosystem demonstrates that raising funds from customers in structured products is always profitable for any bank. Therefore, it is important to improve the process of structured financial instruments development and operation in the banks ecosystem, and to aim at enhancing the product quality for customers.

Keywords: structured financial instrument, ecosystem, option, fair value, hidden charges

References:

  1. Aliev O.M. [Structured financial instruments: Main forms and effectiveness]. Aktual'nye voprosy sovremennoi ekonomiki = Actual Problems of Modern Economy, 2018, no. 9, pp. 6974. URL: Link (In Russ.)
  2. Bondarenko V.A., Semernikova E.A. [Relationship marketing and consumer loyalty in the banking sector: The importance of developing ecosystem]. Vestnik Rostovskogo gosudarstvennogo ekonomicheskogo universiteta = Vestnik of Rostov State University of Economics, 2016, no. 2, pp. 1722. URL: Link (In Russ.)
  3. Dzhoraev Kh.Kh. [Developing the structured financial product Worst-of]. Innovatsii i investitsii = Innovations and Investments, 2019, no. 10, pp. 406409. URL: Link (In Russ.)
  4. Antonova I.S., Koptelova E.S. [Structured products' classification on the Russian market]. Molodoi uchenyi = Young Scientist, 2014, no. 5, pp. 240243. URL: Link (In Russ.)
  5. Karanatova L.G., Kulev A.Yu. [Modern approaches to innovative ecosystems formation in the conditions of establishing of knowledge economy]. Upravlencheskoe konsul'tirovanie = Management Consulting, 2015, no. 12, pp. 3946. URL: Link (In Russ.)
  6. Gontar' A.A. [Digital banking as a component of credit organizations economic security]. Vestnik Volzhskogo universiteta im. V.N. Tatishcheva = Vestnik of Volzhsky University after V.N. Tatischev, 2017, vol. 1, no. 4, pp. 9096. URL: Link (In Russ.)
  7. Miroshnichenko M.A., Trelevskaya K.-A.I., Mamykina E.V. [Studying the process of digitalization of the banking sector within the framework of the ecosystem of the digital economy in Russia]. Politematicheskii setevoi nauchnyi zhurnal Kubanskogo gosudarstvennogo agrarnogo universiteta, 2017, no. 133, pp. 434447. (In Russ.) URL: Link
  8. Korovkina E.V. [The creation of a digital ecosystem of commercial bank]. Nauchnye zapiski molodykh issledovatelei, 2017, no. 3, pp. 6871. URL: Link (In Russ.)
  9. Kiseleva E.A., Kraeva A.A. [Constructing algorithm design of structured product]. Mezhdunarodnyi zhurnal prikladnykh nauk i tekhnologii Integral = Integral International Journal of Applied Sciences and Technology, 2019, no. 3, pp. 378384. URL: Link (In Russ.)
  10. Filimonov A.A. [Problems and prospects of introducing structural products to the Russian Federation financial market]. Ekonomika i sotsium = Economy and Society, 2018, no. 5, pp. 12121220. URL: Link (In Russ.)
  11. Sinyavskaya A.I. [Analysis of the modern state of the market of structured financial instruments]. Nauchnyi elektronnyi zhurnal Meridian, 2020, no. 12, pp. 228230. (In Russ.) URL: Link
  12. Levitskaya A.I. [History of development and special aspects of the market of structured financial instruments]. Nauchnyi elektronnyi zhurnal Meridian, 2020, no. 12, pp. 231233. (In Russ.) URL: Link

View all articles of issue

 

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 27, Iss. 3
March 2021

Archive