The use of information technology in financial analysis

Every year, more and more advanced technologies for processing, storing and analyzing information appear in the world, which allow to automate the process of conducting financial analysis in the modern world. In connection with the increase in data volumes and the emergence of such concepts as «blockchain», «big data», etc., organizations face the difficult task of integrating modern technologies into the business. This article discusses information technologies and concepts that allow not only to increase the speed of implementation and accounting of many operations, but also to conduct financial analysis based not only on traditional retrospective sources of information, but also on accurate forecasts made by using simulation modeling and machine learning.