Module Details

Module Code: INFO7015
Title: Financial Technology
Long Title: Financial Technology
NFQ Level: Intermediate
Valid From: Semester 2 - 2019/20 ( January 2020 )
Duration: 1 Semester
Credits: 5
Field of Study: 4820 - Information Systems
Module Delivered in: 1 programme(s)
Module Description: This module introduces students to the principles, concepts and platforms used in Financial Technology (FinTech). In addition it examines how digital technologies have revolutionised banking and financial services.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Describe, discuss and apply Financial Technology concepts.
LO2 Describe and evaluate Financial Network Infrastructures.
LO3 Outline and explain the digital transformation of the financial sector
LO4 Use, apply and evaluate Financial Technologies.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Financial Technology Concepts
Financial Terminology. What is Financial Technology? Technology's Impact on Financial Services. Clearing & Settlement. Spreadsheets. Financial products. Recent trends and market conditions for the FinTech industry.
Financial Networks
Financial Network Infrastructures. Electronic Financial Communication Networks. Virtual Delivery. Market Data Technology.
Digital Transformation of Traditional Financial Institutions
Omni-channel Customer Engagement Enablement. Online Customer Authentication. Adoption of Digital Technology in Retail Banking. How traditional approaches to technology applications have been challenged by FinTech. Open Banking & APIs
The Regulatory Environment
How regulation has impacted tech adoption in Financial sector. Evolving regulatory oversight of FinTech. Technology in the mortgage market, The Consumer Lending Market.
Financial Platforms & Disruption Technology
Electronic payment systems. Banking systems. Cryptocurrencies: Block Chain Technology. Electronic trading & transaction platforms.
Module Content & Assessment
Assessment Breakdown%
Coursework50.00%
End of Module Formal Examination50.00%

Assessments

Coursework
Assessment Type Written Report % of Total Mark 30
Timing Week 6 Learning Outcomes 1,3
Assessment Description
Research project or report on digital technologies supporting the financial sector in Ireland and other geographies.
Assessment Type Practical/Skills Evaluation % of Total Mark 20
Timing Week 10 Learning Outcomes 1,4
Assessment Description
A series of lab exercises using spreadsheets, applications & platforms used in Financial Technology.
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 50
Timing End-of-Semester Learning Outcomes 1,2,3,4
Assessment Description
End of Semester Exam.
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lectures on the principles of Financial Technology. Every Week 2.00 2
Lab Contact Practical Lab Based Exercises on spreadsheets, platforms and applications used in Financial Technology. Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Study of course material. Completion of practical exercises. Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lectures on the principles of Financial Technology. Every Week 2.00 2
Lab Contact Practical Lab Based Exercises on spreadsheets, platforms and applications used in Financial Technology. Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Study of course material. Completion of practical exercises. Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
 
Module Resources
Supplementary Book Resources
  • Wilson Jr. Jay D.. (2017), Creating Strategic Value through Financial Technology, 1st. Wiley, [ISBN: ISBN: 978-1-1].
  • Susanne Chishti and Janos Barberis. (2016), The FINTECH Book : The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries, 1st. Wiley, [ISBN: 9781119218906].
  • Stefan Loesch. (2018), A guide to Financial Regulation for FinTech Entrepreneurs, 1st. Wiley, [ISBN: 978-1-119-436].
This module does not have any article/paper resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BBISY_8 Bachelor of Business (Honours) in Information Systems 4 Elective