Digitalized finance: informatization at the service of financial globalization

Abstract:

Based on reports and financial data, in-depth interviews with information technology and financial system experts, representatives of the technology industry, investors and various actors in the Brazilian capital market, we draw in this article, a brief overview of Digitalized Finance, here understood as the technical-operational complex of circulation, accumulation and valuation of financial capital through automated technology resources, which accelerate the compression of space-time flows in search of speculative gains. We seek, therefore, highlight the influence of Information and Communication Technologies (ICT) in the emergence and consolidation, especially from the 1980s, of a new globalized financial system operated in “real time” with intensive use of technological resources under the so-called finance-led regime of accumulation.

Keywords:
financial capital; financialization; technology; informatization; globalization