The Covid-19 Pandemic and Digitalization in Financial Markets

Year 2022, Volume: 72 Issue: 2, 1025 - 1038, 18.01.2023

Yeşim Şendur

https://doi.org/10.26650/ISTJECON2022-1127590

Abstract

The COVID-19 pandemic, which began in China at the end of 2019, quickly spread worldwide. Since the emergence of the coronavirus (Covid-19), all countries have faced unprecedented challenges in many areas such as health, the economy, supply chains, and finance. In addition to all these problems caused by the pandemic, it has accelerated digitalization in many areas and has led to new global trends. One of the areas affected by the acceleration of digital transformation is the financial markets. The development of technologies such as Big Data, Cloud Computing, the Internet of Things (IoT), Artificial Intelligence (AI), Super Computing, Blockchain, and Virtual Reality (VR) has a crucial role in increasing digitalization. This article examines how Covid-19, which affects the whole world, accelerates digitalization in financial markets. According to the research results, digitalization, in other words, the dehumanization of work and processes, has become a top priority for companies during the Covid-19 pandemic. The rapid increase in digital payment systems and the increasing investments of businesses in technological infrastructure and cybersecurity are just a few of the changes that Covid-19 has accelerated in the financial markets

Keywords

Financial markets, Covid-19, Digitalization

Covid-19 Salgını ve Finansal Piyasalarda Dijitalleşme

Abstract

2019 yılının sonunda Çin’de başlayan COVID-19 pandemisi hızla tüm dünyaya yayılmıştır. Covid-19’un ortaya çıkmasıyla birlikte tüm ülkeler sağlık, ekonomi, tedarik zinciri ve finans gibi birçok alanda benzeri görülmemiş zorluklarla karşı karşıya kalmıştır. Salgın yol açtığı tüm bu problemlerin yanı sıra birçok alanda dijitalleşmeyi hızlandırarak yeni küresel trendlere yol açmıştır. Dijital dönüşümdeki ivmeden etkilenen alanlardan biri de finansal piyasalardır. Finansal piyasalarda dijitalleşme pandemiden önce de var olan bir olgudur. Büyük Veri, Bulut Bilişim, Nesnelerin İnterneti (IoT), Yapay Zekâ (AI), Süper Bilgi İşlem, Blok Zinciri ve Sanal Gerçeklik (VR) gibi teknolojilerin gelişmesinin artan dijitalleşmede önemli bir payı vardır. Bu çalışmada, tüm dünyayı etkisi altına alan Covid-19’un finansal piyasalarda dijitalleşmeyi nasıl hızlandırdığı ele alınacaktır. Araştırma sonuçlarına göre dijitalleşme, diğer bir deyişle iş ve süreçlerin insansız hale getirilmesi, Covid-19 salgını sırasında şirketler için en öncelikli konu haline gelmiştir. Dijital ödeme sistemlerinin kullanımında hızlı artış ve işletmelerin teknolojik altyapı ve siber güvenliğe artan yatırımları, Covid-19’un finansal piyasalarda hızlandırdığı değişikliklerden bazılarıdır.

Keywords

Finansal Piyasalar, Covid-19, Dijitalleşme

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