Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific
C O N F E R E N C E S
"ECONOMY – XXI CENTURY"
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∘ Dali Magrakvelidze ∘ THE IMPORTANCE OF USING TECHNOLOGY IN FINANCE Summary Today, a market economy cannot function without the active implementation and usage of information technology at all stages of goods production and sale. On the one hand, technological achievements help reduce costs over time under other equal conditions. On the other hand, financial institutions continue to invest significant amounts of money in technology in order to gain bank share and maintain their existing positions. Being active in certain areas of finance often leads to the need for large investments in both technology and qualified personnel. |