Abstract:

This article presents the development of information technologies that make a huge contribution to increasing the efficiency of most business processes and, on this basis, are the most important indicator of the competitive advantage of financial companies in the market.

Financial organizations representing cloud services are undergoing significant changes under the influence of information technology. Cloud services provide savings through standardization of equipment, virtualization, new features of multiple use of software applications, as well as paying for a new format for the use of resources by the client, which will be the main driving force of the global IT market in the next ten years.

 Methods of analyzing the scientific and information base, methods of synthesizing the obtained data into theoretical conclusions and practical recommendations were applied. The methodological and theoretical basis of the research is the scientific works of domestic and foreign scientists on the theory and practice of economic and financial security.

 Currently, there are two main areas of development and research for the state, financial companies, banks, as well as for software vendors in Russia and abroad. The first area is software as a service. In due course, all applications that have client demand do not require the need for a licensed purchase, their public access is put on the Internet. The second area is to allow access to applications via mobile devices.

The development trend looks so that there is a great industrial revolution in the financial services market, where IT technologies, speed, availability and security come to the fore. Partnership relations of financial companies with IT suppliers, government agencies and banks will contribute to the country's high growth in the market of innovative technologies and the development of the digital economy.