Connectivity is defined as a term used for connecting devices to each other.
In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks.
Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer.
Connectivity in Finance
Connectivity has taken on new meaning with the growth of fintech and Big Data collection.
Today, financial institutions are often completely dependent on technology and data. This is more important than ever to improve, make transfers, lend, invest, and receive payments.
Digital and mobile banking services also increase the level of customer convenience and accessibility.
Blockchain assists with transactions, artificial intelligence helps with making smart investments, and multifactor authentication protects sensitive financial data.
A blockchain is a form of connectivity, while connectivity is key to fintech disruption.
Financial businesses need lightning-fast, low-latency, and secure networks to meet the challenges of fintech.
A well-designed fiber-optic network offers exceptional connectivity. The superior connectivity provided by an enterprise-level fiber-optic network improves customer satisfaction, bolsters a financial organization’s reputation, and enables digital transformation through fintech.
Today, connectivity providers are adapting financial markets by accelerating speedy networks such as 5G and alternatives.
Connectivity also bridges brokers with liquidity providers to get fast trade execution.
In this scenario, brokers can source liquidity from a single or multiple source, thereby delivering to their clients enough market depth for their orders to get filled.
The main characteristic of liquidity is its depth, which will determine how quickly and how big of an order can be executed via the trading platform.
