Financial Data Engineering: Design and Build Data-Driven Financial Products
- Length: 504 pages
- Edition: 1
- Language: English
- Publisher: O'Reilly Media
- Publication Date: 2024-11-12
- ISBN-10: 1098159993
- ISBN-13: 9781098159993
Today, investment in financial technology and digital transformation is reshaping the financial landscape and generating many opportunities. Too often, however, engineers and professionals in financial institutions lack a practical and comprehensive understanding of the concepts, problems, techniques, and technologies necessary to build a modern, reliable, and scalable financial data infrastructure. This is where financial data engineering is needed.
A data engineer developing a data infrastructure for a financial product possesses not only technical data engineering skills but also a solid understanding of financial domain-specific challenges, methodologies, data ecosystems, providers, formats, technological constraints, identifiers, entities, standards, regulatory requirements, and governance.
This book offers a comprehensive, practical, domain-driven approach to financial data engineering, featuring real-world use cases, industry practices, and hands-on projects.
You’ll learn:
- The data engineering landscape in the financial sector
- Specific problems encountered in financial data engineering
- The structure, players, and particularities of the financial data domain
- Approaches to designing financial data identification and entity systems
- Financial data governance frameworks, concepts, and best practices
- The financial data engineering lifecycle from ingestion to production
- The varieties and main characteristics of financial data workflows
- How to build financial data pipelines using open source tools and APIsTamer Khraisha, PhD, is a senior data engineer and scientific author with more than a decade of experience in the financial sector.