Assessment of the CurrentState of the Financial Market of Ukraine and itsInfluence on its Development of Financial Technologies

Abstract

The financial market has a significant impact on the development of all sectors of our economy. Therefore, its effective development is a necessary condition for the sustainable functioning of the country's economy as a whole, and therefore the successful functioning of financial institutions in the financial market will contribute to the sustainable development of all economic processes.

The aim of the article is to study the key aspects of the development of the financial market of Ukraine in the context of the impact of financial technologies.

The main objectives of this study are:

– describe the nature and structure of the financial market of Ukraine;

– to analyze key indicators of development of sectors of the financial market of Ukraine;

– to determine further prospects for the development of the Ukrainian financial market under the influence of the introduction of financial technologies.

The following research methods were used in the work: methods of theoretical generalization and comparison – to determine the essence and content of basic concepts; graphic analysis – to visualize the results; statistical analysis – to study the functioning of the financial market of Ukraine and compare the actual data of the reporting and previous years.

The scientific and practical significance of the obtained results is that the main provisions presented in the article can serve as a basis for improving the development of the financial market of Ukraine with the use of financial technologies.