Asset securitization in financial markets as a risk management tool

In modern high-tech economy new types of financial assets characterized by features of high liquidity, high risk and volatility periodically emerge. In this connection it seems important to study the procedure of asset securitization, which allows the company-owner of assets to improve the quality of its credit portfolio and to distinguish between the risks associated with the assets and the risks associated with the company itself. The article studies the general principles, conditions, types and functions of securitization, as well as some economic and legal features of the implementation of this procedure. The conclusion is made about the increasing importance of securitization in the conditions of the Russian financial market in connection with the legislative fixation of the category of «digital financial assets».