Track moderators

Vesna Bogojević-Arsić, Ph.D.

POSITIONS

Full Professor
University of Belgrade – Faculty of Organizational Sciences
Department of Financial Management and Accounting

Description

Modern businesses face constant changes and must respond to them effectively to survive and thrive. Companies must rapidly adapt their operations to continue operating and achieve growth and development regardless of the industry. By focusing on timely responses to business challenges, improving business processes, and innovating where possible, businesses can increase their value and position in their respective markets.

Proactive action, timely and adequate responses and innovations are also necessary in other areas, especially in the financial sector. The impact of what could be labelled as financial technology is recognised, but the financial sector’s challenges cannot be reduced to that alone. It requires finding an adequate combination of financial technologies and the expert knowledge of employees in various positions to maximise the business’s value.

Banks were among the first to understand that they must significantly change, that is, harmonise their way of doing business with the changed conditions in the environment if they want to exist in the future.
Challenges in banking can be reduced to a lack of qualified employees in the field of financial technologies, the need to invest, establishing better relationships with clients, finding new forms of cooperation with partners and institutions, increased risks (financial and cyber risk, investment risk), etc.

Insurance, investment funds and other financial institutions face significant challenges that require a quick and timely response and often more innovative solutions.
In a nutshell, advancements in the modern business environment require constant harmonisation and changes in the financial operations of both the financial and non-financial sectors, where the least that can be expected is the improvement of existing financial solutions.

Key topics

• challenges of financial operations in various economic activities;
• business challenges in financial markets;
• challenges and innovations in the activities of investment funds
• challenges and innovations in the activities of insurance companies

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