The 23th Frontier Forum for Digital Technology and Finance

Abstract：

FinTech and Financial Engineering are two closely related fields in finance, in the way that both are featured by intensive use of math, data and technologies usually used in computing science, physics, engineering, etc. The emergence of FinTech has been transforming the financial industry by creating new opportunities and challenges, while Financial Engineering, on the other hand, has been a key driver of financial innovation by enabling the creation of complex financial products and services. However, since the differences and relationship between those two fields have not been addressed clearly, it often causes confusion and difficulty in academia and practice. This paper provides an overview of the relationship between FinTech and Financial Engineering, highlighting their key differences and similarities, exploring the ways in which they are being used to develop new financial products and services, discussing the challenges faced by FinTech firms and financial engineers, and the opportunities for growth and development in the financial services industry, and the implications for the future of financial services.

Speaker Introduction:

Longsen Ye holds a bachelor's degree in mathematics from Peking University, a master's degree in engineering from Beijing Institute of Technology, a master's degree in mathematics from York University, and a doctorate in finance from Queen's University. He obtained the certification of Certified Financial Risk Manager (FRM) in 2006. He has taught at Sobey School of Business, Saint Mary's University for 18 years, and served as a tenured professor of finance. He has served as the dean of the School of Accounting and Finance of Zhuhai College of Beijing Institute of Technology, the dean of the International College of Jiangxi University of Finance and Economics, a part-time professor of the Graduate School of the People's Bank of China, a visiting professor of Zhongnan University of Economics and Law, a "Ziqiang Scholar" of Shanghai University, and a senior trainer of Certified Financial Risk Manager (FRM) and Certified Financial Planner (CFP). His research areas include financial risk management, financial derivatives, stock investment, and other financial fields as well as international education research. He has published more than 20 academic papers in many academic journals and international academic conference proceedings, made academic presentations at dozens of international academic conferences, and served as chairman or sub-committee chairman of several international academic conferences. He has been invited to give lectures at financial institutions such as the People's Bank of China, futures exchanges, and securities companies dozens of times. He has rich teaching experience and teaches financial derivatives, financial engineering, risk management, securities investment, etc. to graduate and undergraduate students. He has guided more than 70 graduate student papers. In recent years, he has been committed to the exploration of financial technology (FinTech), founded the Institute of Intelligent Investment, and served as chairman.