Part I. Foundations of Financial Data Engineering
The first part of this book consists of five chapters, focusing on the core concepts and fundamental elements of financial data, along with the challenges associated with its management. These chapters discuss the various systems and practices employed across financial markets to manage financial data effectively.
Chapter 1 provides an introduction to the fundamentals of finance, highlighting its unique data challenges and the foundational ideas of financial data engineering. Chapter 2 dives into the complexities of the financial data ecosystem, examining its structure and key characteristics. Chapters 3 and 4 discuss financial identification and entity systems, emphasizing their significance as critical data engineering challenges within financial markets. Lastly, Chapter 5 presents a detailed framework for establishing robust data governance practices within financial institutions.
Together, these chapters establish the basic principles and concepts required to understand and practice financial data engineering.