Page 39 - Azerbaijan State University of Economics

Aleskerova Y.V., Fedorishina L.I., Todosichuk V.L.: Management Banking Innovative
Financial Technologies in Agrarian Sphere

information providing which allowed to clarify and deepen the theoretical aspects of
their meaningful content and influence (Figure 1).

Short-term impact (financial, Revealing trends
resource and information support)

Estimation of available resources

Permanent influence (normative, Prediction of the impact of events
Feedback
oghanizational-institutional)

Extrapolation of influence of trends
on IT development

Integrated Generation of innovative financial
Impact technologies

Implementation of innovative
financial technologies

Figure 1: Scientific approaches to the establishment of the macroeconomic prerequisites for
the introduction of innovative financial technologies of banks

The factors determining the feasibility of introducing innovative financial
technologies by banks are determined, namely: expediency of support of profitable
functioning of the bank in the short-term and strategic perspective; the bank's ability
to generate new financial flows through the development of innovative financial
technologies, high quality customer service which is ensured by the implementation
of innovative measures; increasing transaction efficiency which in the current
circumstances can no longer be a consequence of the sole saving of resources but
requires the development of process innovation and financial technologies.

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