Financial Engineering; An Important Segment in Large Project financing
Financial Engineering; An Important Segment in Large Project financing The technology and client needs in the financial sector are changing at both the micro and macro levels, as evidenced by the development of new areas such as financial engineering. We live in a time of total data collection, the skillful use of which can lead to an improved quality of life for all people, as well as bring huge profits to companies that can use it. The tools of computer science, economics, finance, and engineering are merging on an unprecedented scale. The importance of financial engineering in the modern world can hardly be overestimated. It is used by investors and major international financial institutions such as banks, insurance companies and engineering giants. What is Financial Engineering and It’s Important in a Large Project Financing Financial engineering is the creation, development and implementation of innovative financial instruments and processes, as well as the formulation of innova