How Do Traders Working On The Cloud And Data To Cope With The New Normal?

COVID-19 or coronavirus is spreading like wildfire throughout the world. And, this even forced the World Health Organization (WHO) to declare it a pandemic. Ever since this disease was spotted, countermeasures have been set to curb its spread effectively. One such way is social distancing.

Because of social distancing and worldwide lockdown, the world’s foundations shook from within. And, it wasn’t late until this shockwave reached the stock market. In fact, both the trade life cycle and banking courses after graduation have taken a huge hit as well.

To do their bit, financial institutions like the New York Stock Exchange (NYSE) have closed their doors to traders for the first time in history. Things are only slowly returning to normal, and a few traders are allowed on NYSE. However, most of the traders are forced to trade from home and find online alternatives for conventional processes.

Cloud offers a lucrative opportunity for anyone looking to trade online. Traditional problems like lack of storage space, security concerns, and connectivity issues have all but disappeared in the cloud era. Statistics state the same. With an online chatting interface, apps providing a secure interface for traders have seen a substantial rise during the pandemic. Let us see how traders are using cloud services in great detail.

How are traders using the cloud?

Stock trading should never come to a halt because it has the power of crumbling economies. The COVID-19 outbreak can thus be considered a major test. Thankfully, traders are armed with the power of the cloud in today’s world.

TradingData is the central part of any trader’s life. It is even more important to store and analyze the information correctly. Traders are increasingly using cloud solutions to store their data and run their models. The processing power of cloud computing allows them to quickly run multiple analyses like risk assessment within a matter of minutes as opposed to hours or even days from conventional means.

Trading using Cloud ComputingCloud also allows for better traffic management. Traders can be seen leveraging the cloud to tackle any amount of traffic effectively. Mainly because the cloud is a scalable entity, it can quickly go up and down depending on the actual amount of people using it. Moreover, cloud computing offers a cheaper solution to many problems associated with stock trading.

Not to mention, it provides the ability to analyze customer demographics, which allows for targeted solutions for a particular section. So, not only does the cloud act as a cheaper alternative but on top of that, it also improves profit margins.

In the search for normalcy, traders are looking towards the cloud to provide them with solutions. We are fortunate enough to live in a time where we have enough computing prowess to shift the base of operations online. Not only does it allow us to fight the virus but it also provides some benefits overall. In the future, we can expect cloud computing to take up a major role in the trading market.

Secure Your Finance & Analytics Careers With Imarticus!

With the growing commercial and technological advancements in the global markets today, Finance and Analytics are quickly becoming one of the most lucrative careers in the business world. Finance & Analytics play a major role in data evaluation for businesses to streamline decision-making processes.

They mainly inform the investment decisions of the companies by researching the microeconomic and macroeconomic situations with the organization’s principles. The professionals in these fields also prepare financial models that project future economic conditions.

Many businesses also hire them to evaluate the efficiency of their marketing techniques in comparison to the cost using numerical data. They also work in franchise-based businesses to track the individual franchise or a group and evaluate their positive and negative points to speculate the growth of the business.

Importance of Finance & Analytics

In this competitive world, businesses today need on-time data to formulate decisions for business. Every company needs good financial and analytics planning to utilize its resources in the best way possible.

Finance and Analytics Courses

The changing needs of businesses and the emergence of new models are making it crucial for companies to have sound Finance and Analytics professionals that help them improve their decision-making

Shape the business goals and plans for optimal performance. The Finance courses and Data Science Course with Placement help businesses to run efficiently and attain their aims fast.

Scope of Finance & Analytics

The careers in these fields are highly coved in the business industry with a good pay scale. The professionals in these fields have ample job opportunities in sectors like banks, pension, insurance companies, mutual funds, and securities firms, etc. Since they assist people in their financial decisions and investments, they can also open their own offices and work as self-employed.

They can also do accounts, auditing, taxes, and prepare financial statements. They can also specialize in other segments like Cost accountancy. The work scope of Finance and Analytics professionals also includes tasks like account management, secretarial work, share valuation, etc.

Job Opportunities

The wide scope of Finance & Analytics allows professionals to find employment in a range of sectors. They can find job roles under the following titles:

  • Financial Analyst
  • Chartered Account Trainee
  • Analyst – Back Office
  • Accounts Trainee
  • Assistant Consultant – Business Analyst
  • Junior Financial Analyst
  • Management Trainee – Finance
  • Research Analyst – Option Strategist

The pay range in these roles is also good. The average pay of a Financial Analyst in India is around INR 40,000. With experience, this number multiplies manifold.

Educational Requirements

To build a substantial career in these fields, one needs to have in-depth knowledge along with a good practical skill-set.

Fintech Online CoursesFor this, students can join vocational programs in Finance and Analytics from reputed institutions. Imarticus is one such renowned organization that is offering courses in these subjects to train students and make them job-ready for the business world. By learning these courses students get:

  • Guaranteed job interviews
  • Comprehensive, industry-approved curriculums
  • Hands-on, experiential learning with cutting-edge technology
  • Training by industry experts and veterans
  • Extensive career support and assistance
  • Certifications accredited by world-class organizations
  • … And so much more!

Learning with Imarticus

Imarticus Learning is organizing the ‘Great Indian Futuristic Talent Drive’ offering good discounts on its various courses for the festive season from 21st October – 27th October 2020. You can avail of the following discounts by registering in the drive:

Finance and Analytics online coursesFee Waiver on PG Classroom ProgramsUp to 25% off

Fee Waiver on Online ProDegreesFlat 20%

Fee Waiver on Classroom CIBOP & ProDegreesFlat 15%

With the online learning mode of Imarticus, you get the facility to learn at home.

Thus, keeping safe during the pandemic and productively using your spare time to upskill yourself for an excellent career.

Register today and make your learning fun & affordable!

Covid-19 Impact on Banking Training! How Imarticus Helped The Students To Get Trained and Placed?

The banking industry in the COVID-19 landscape  

The Coronavirus pandemic has brought almost all economic activities to a standstill. To protect human life from this deadly virus spreading like a wildfire, governments around the globe imposed lockdowns in their respective nations. This pandemic has defined a state of new normal for all of mankind.

Customer behaviour has also changed owing to this pandemic. Some of the positive changes that came along with the state of lockdown are the increase in online shopping, online payments, digital banking, online education, etc. These industries were already growing but the current pandemic scenario has given it a massive push.

Coronavirus outbreak has disrupted businesses in almost every industry, it also had a direct impact on the functioning of the banking and finance industry in addition to the indirect ones that came in the form of economic slowdown and reduced business activity. This economic slowdown has led to a reduction in consumer demand that has impacted small and medium businesses majorly. To stay cash flow positive and manage their operations, these businesses have to rely on financial aid provided by banks and financial institutions.

The Coronavirus pandemic has drastically impacted business across the majority of industries and has left a dent in the economies but it has also boosted the growth prospects for business in the digital landscape. People are staying inside their homes and are afraid to go out and shop, this has created a huge demand for online shopping and e-commerce companies are benefitting from this like never before. Everything you need can be ordered online using your smartphones by making payment through your digital wallet or other banking services.

Now the interesting thing to note about this growing trend is that it has also boosted the prospects for the banking and financial services industry. It has given a major push to digital banking services and people are getting more accustomed to making financial transactions online using their smartphones. This has created a demand for qualified professionals in the banking and financial services industry. This employment opportunity has also increased competition among candidates.

Wealth management course can help you provide a comprehensive understanding of the banking and finance industry. It is very beneficial for those look to excel in commercial banking related roles, it will help you obtain an edge over your competition by imparting you with relevant knowledge and skills needed in the industry. Commercial banking training has seen a surge in demand in the contemporary COVID-19 scenario as there is a huge demand for professionals in the commercial banking industry to cater to the growing needs of the customer.

This has happened because we are moving towards a cashless economy and more people are transacting using progressive services such as a digital wallet. This has reduced the dependency for cash transactions and has resulted in more number of banking transactions. The fear of the spread of Coronavirus has also added to this changing customer behaviour, to be safe from the risk of contamination, people are relying on using the digital medium to purchase everything.

 Bridging the gap with Imarticus

Banking is an essential service for businesses and individuals alike; our dependency on money is such that we can’t survive without the services of the banking sector. Even during the times of Coronavirus, we need banking services. The demand for professionals in the banking and related sector is still on the rise even when most other businesses continue to fail.

Wealth Management coursesImarticus Learning’s banking and wealth management courses have helped people to learn about this industry and obtain a thorough understanding of the functioning of this sector.

The courses are focused on providing a practical understanding of the subject so that the candidates are trained to do the job even without any additional assistance from the organisations. This has also reduced the training cost for organisations that rely on the services provided by Imarticus. Imarticus has helped over 8000 professionals to get placed with some of the most reputed organisations in the industry including Deutsche Bank, Citi Bank, Axis Bank, Kotak Mahindra, Reliance Capital, etc. The courses are specifically created to help with your employment prospects. Wealth management course with Imarticus will definitely help you achieve your career goals.

What are The Short Term Professional Courses After Graduation in Finance?

Many freshly graduated aspirants are found to be in quite a dilemma these days. This is mainly because of the fact that the world is becoming quite a competitive space. Mainly because of the fact that there is a forked road, which lies ahead of them and the only factors of motivation could be making money or accomplishing something worth note. Propelled by the former, many candidates opt to rather go out in the industry and directly apply for jobs. The smart few, make the well-thought decision of refining their resume and adding a renowned certification to it.
Many decide to take the less traveled road by opting for diploma courses or other kinds of short term courses, which bring them closer to their dream job. One can opt for Finance Courses and banking, or business management, or financial management and so on.
So for all of those smart ones and in order to encourage many more candidates to make smart decisions, we have compiled together a list of short term professional courses, which a candidate can opt for once they graduate. These courses and their certifications most often than not help candidates in actually getting their dream job.

  • Accounting Courses

The Chartered Accountancy courses which came in to being courtesy the Chartered Accountancy Act, 1949, have been quite popular since their inception. The courses offered for the purpose of training a candidate to become a Chartered Accountant consist of a combination of theory and of practical training which will help the student professionally in the future. Doing these courses will allow a candidate to experience the most rewarding of careers in the fields of consultancy, audit practices, investment banking, information technology and so on.

  • Certification Courses

A candidate looking to get their resume fine-tuned can always opt for short term courses, which provide globally recognized certificates apart from being short duration and extremely student oriented. There are courses of certification in Investment and Banking Operations which are absolutely ideal for careers in both Investment Banking and Global Markets, then there are courses which involve candidates in learning how to go about in terms of wealth management, banking, portfolio management as well as financial analysis. All of these certification courses are offered by professional training institutes which ensure that the candidate is trained in keeping with the industry standards.

  • Other Courses

While the above mentioned two are supposedly the major two branches when it comes to courses offered for the training of a finance aspirant. Apart from these two, there are also various courses offered for those aspiring to be Cost Accountants, Company Secretaries, and Actuaries and so on. There are also specialized financial courses available these days, which are basically like the professional courses which are offered mainly for those candidates who are looking to get trained professionally in order to get proper training for the same.
There are numerous classes and institutes which offer training for various courses which result in one becoming a Financial Analyst or a Chartered Financial Analyst, Certified Financial Planner or just courses which teach subjects like economics, statistics and so on.