Financial institutions are widely classified to include commercial and merchant banks, investment and
trading houses as well as insurance firms. Financial firms spend more per revenue dollar on their
information technology infrastructure than any other industry. Financial applications are challenged
along two dimensions. First, they must process information, such as portfolio risk model, before
information loses its value and second; the modeling has to be performed with a degree of accuracy
and expertise that provides credible and actionable results.
Investment management is simply another phrasing for resource management. Asset managers provide
investment expertise to clients with excess funds. Such clients include retail clients and institutional
investors with specific preference for risk. According to the fund?s focus and their clients? desires,
managers? portfolios vary widely ? from diversified safe holdings with modest but reliable rates of
return, to sophisticated, risky, but potentially very advantageous and cost-effective investment
Finance is a science of managing money and other assets. It is the process of approach and passage of
funds in the form of invested capital, credits, or loans to those economic agents who are in need of
funds for productive investments or otherwise, e.g. on one hand, the consumers, business firms, and
governments need funds for making their expenditures, pay their debts, or complete other transactions.
On the other hand, savers accumulate funds in the form of savings deposits, pensions, insurance claims,
and savings or loan shares, etc which becomes a source of investment funds. Here, finance comes to the
fore by managing and arraying these savings into proper channels of investment.
Banks and Finance companies are going global these days. Many multinational and foreign banks as well as
insurance companies have opened their branches in less developed countries in East and South Asia.
Finance which acts as the life-line in the modern business types is one of the most important
consideration for an entrepreneur-company. While Implementing, expanding, diversifying, or modernizing
any project the meaning of finance is better understood.