Monitoring and Surveillance Systems for Financial Markets: A Service System Perspective

David Diaz; Babis Theodoulidis; Olukorede Eliza Abioye

doi:10.1109/CBI.2013.32

Monitoring and Surveillance Systems for Financial Markets: A Service System Perspective

David Diaz, Babis Theodoulidis, Olukorede Eliza Abioye

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

Abstract

Financial markets are primarily driven by three key drivers, technologies, competition and globalization. These drivers are accompanied with challenging risks. Market authorities monitor activities in order to reduce to the barest minimum the adverse impacts some products and services have on the whole financial system. This indicates the need for a high quality monitoring and surveillance system. This paper examines financial markets as service systems that jointly create value to stakeholders. It proposes a framework for the design of financial market monitoring system based on the concept of service dominant logic, service science and systems thinking. Finally, it identifies a number of properties that need to be examined in financial markets service systems.

Original language	English
Title of host publication	2013 IEEE 15th Conference on Business Informatics
Publisher	IEEE
Pages	167-172
Number of pages	6
ISBN (Print)	978-0-7695-5072-5
DOIs	https://doi.org/10.1109/CBI.2013.32
Publication status	Published - Jul 2013
Event	Conference on Business Informatics (CBI) - Vienna, Austria Duration: 1 Jan 1824 → …

Conference

Conference	Conference on Business Informatics (CBI)
City	Vienna, Austria
Period	1/01/24 → …

Keywords

Data mining
Databases
Economics
Engines
Materials
Surveillance
computerised monitoring
financial data processing
financial market monitoring system
financial system
finnancial market
market authorities
market efficiency
market integrity
market manipulation
market monitoring
service dominant logic
service science
service system perspective
service systems
stakeholders
stock markets
surveillance systems
systems thinking

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1109/CBI.2013.32

http://ieeexplore.ieee.org/lpdocs/epic03/wrapper.htm?arnumber=6642873

Cite this

@inproceedings{9aaf5939eda74a999cf90675f03e75c8,

title = "Monitoring and Surveillance Systems for Financial Markets: A Service System Perspective",

abstract = "Financial markets are primarily driven by three key drivers, technologies, competition and globalization. These drivers are accompanied with challenging risks. Market authorities monitor activities in order to reduce to the barest minimum the adverse impacts some products and services have on the whole financial system. This indicates the need for a high quality monitoring and surveillance system. This paper examines financial markets as service systems that jointly create value to stakeholders. It proposes a framework for the design of financial market monitoring system based on the concept of service dominant logic, service science and systems thinking. Finally, it identifies a number of properties that need to be examined in financial markets service systems.",

keywords = "Data mining, Databases, Economics, Engines, Materials, Surveillance, computerised monitoring, financial data processing, financial market monitoring system, financial system, finnancial market, market authorities, market efficiency, market integrity, market manipulation, market monitoring, service dominant logic, service science, service system perspective, service systems, stakeholders, stock markets, surveillance systems, systems thinking",

author = "David Diaz and Babis Theodoulidis and Abioye, {Olukorede Eliza}",

year = "2013",

month = jul,

doi = "10.1109/CBI.2013.32",

language = "English",

isbn = "978-0-7695-5072-5",

pages = "167--172",

booktitle = "2013 IEEE 15th Conference on Business Informatics",

publisher = "IEEE",

address = "United States",

note = "Conference on Business Informatics (CBI) ; Conference date: 01-01-1824",

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TY - GEN

T1 - Monitoring and Surveillance Systems for Financial Markets: A Service System Perspective

AU - Diaz, David

AU - Theodoulidis, Babis

AU - Abioye, Olukorede Eliza

PY - 2013/7

Y1 - 2013/7

N2 - Financial markets are primarily driven by three key drivers, technologies, competition and globalization. These drivers are accompanied with challenging risks. Market authorities monitor activities in order to reduce to the barest minimum the adverse impacts some products and services have on the whole financial system. This indicates the need for a high quality monitoring and surveillance system. This paper examines financial markets as service systems that jointly create value to stakeholders. It proposes a framework for the design of financial market monitoring system based on the concept of service dominant logic, service science and systems thinking. Finally, it identifies a number of properties that need to be examined in financial markets service systems.

AB - Financial markets are primarily driven by three key drivers, technologies, competition and globalization. These drivers are accompanied with challenging risks. Market authorities monitor activities in order to reduce to the barest minimum the adverse impacts some products and services have on the whole financial system. This indicates the need for a high quality monitoring and surveillance system. This paper examines financial markets as service systems that jointly create value to stakeholders. It proposes a framework for the design of financial market monitoring system based on the concept of service dominant logic, service science and systems thinking. Finally, it identifies a number of properties that need to be examined in financial markets service systems.

KW - Data mining

KW - Databases

KW - Economics

KW - Engines

KW - Materials

KW - Surveillance

KW - computerised monitoring

KW - financial data processing

KW - financial market monitoring system

KW - financial system

KW - finnancial market

KW - market authorities

KW - market efficiency

KW - market integrity

KW - market manipulation

KW - market monitoring

KW - service dominant logic

KW - service science

KW - service system perspective

KW - service systems

KW - stakeholders

KW - stock markets

KW - surveillance systems

KW - systems thinking

U2 - 10.1109/CBI.2013.32

DO - 10.1109/CBI.2013.32

M3 - Conference contribution

SN - 978-0-7695-5072-5

SP - 167

EP - 172

BT - 2013 IEEE 15th Conference on Business Informatics

PB - IEEE

T2 - Conference on Business Informatics (CBI)

Y2 - 1 January 1824

ER -

Monitoring and Surveillance Systems for Financial Markets: A Service System Perspective

Abstract

Conference

Keywords

UN SDGs

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