Aim. The presented study aims to determine the place of big data in modern finance and to analyze its role in the extreme saturation of the financial system.
Tasks. The authors briefly overview the current state and prospects of big data use by financial institutions; provide a general description of the causal relationships of information flows and the transformation of the organizational structure of financial institutions in their transition to working with big data; outline the possibilities for assessing the information overload of financial institutions based on the concept of entropy, as well as the conditions and prospects for the transition towards information entropy management.
Methods. As a methodological basis, this study uses general scientific research methods (analysis, synthesis, induction, deduction), including analysis of data management in financial institutions and information flows (collection, storage, processing, use, and reuse of data), as well as analysis of processes in the infosphere, elimination of noise problems, and risk accounting.
Results. Major strategies and approaches for the transition to working with big data are presented. Methods for overcoming a number of problems hindering efficient management of the rapid growth of information in financial institutions are determined. A set of tools and procedures for analyzing information processes in financial markets and mechanisms for managing the restructuring of data management are proposed. An example of the transition to working with big data is given. The authors recommend applying the concept of entropy, which makes it possible to measure risk, uncertainty, and noise interference in financial markets and transactions and to assess the possibilities and scope of big data use by financial institutions.

Aim. The presented study aims to show the influence of digital trust on the formation and transformation of people’s economic behavior.
Tasks. The authors investigate the evolution of scientific approaches to the characterization of trust; determine historical reasons for the emergence of digital trust; classify modern financial instruments as elements of the economic system; formulate an economic-sociological approach that makes it possible to examine trust in financial instruments in the context of digital transformation; identify methods and instruments for increasing digital trust and determine the consequences of their use by economic subjects.
Methods. This study uses a research method based on the economic and sociological theories of trust developed by such authors as M. Weber, G. Simmel, T. Parsons, and N. Luhmann, who interpreted this phenomenon in relation to economics.
Results. According to the results of analyzing theoretical approaches, the methods of the sociology of trust can be used in the investigation of trust in economic institutions. The study substantiates the thesis that digital financial instruments should be viewed through the lenses of “personal” and “system” trust using N. Luhmann’s system analysis. It also proves that digital financial instruments contribute to reducing the risk of distrust in economic transactions, preserving the integrity of the social system.
Conclusions. The phenomenon of trust needs to be examined in conjunction with the analysis of digital transformations in the financial sphere, since this makes it possible to re-imagine and explore in more detail the conditions for the use of financial digital instruments by consumers, and therefore requires a theory and methodology for studying the relationship between these phenomena to be developed.

Tasks. The authors show current trends and features of the involvement of Internet companies in the development of small enterprises; characterize the directions and stages of e-business formation and development; examine the features of the e-business environment for small enterprises.
Methods. This study uses general scientific methods of cognition to analyze the key directions and major stages of e-business development for small enterprises.
Results. It is necessary to decompose the overall program of e-business development based on the main goals and objectives of e-business development and fundamental problems to be solved. In addition, it is important to identify the appropriate approaches for developing the concept of e-business modeling.
Conclusions. To implement an effective program for the development of Internet companies, it is necessary to ensure the functioning of major processes that contribute to adding business value at every stage of e-business. Doing business on the Internet involves solving a large number of problems in the context of risk and uncertainty, sanctions and restrictions. 

Aim. The presented study aims to assess the prospects for the participation of the corporate sector in achieving the target indicators of national project implementation in the context of  increased volatility and to provide practical recommendations for realizing such opportunities.
Tasks. The authors analyze the dynamics of the Russian private infrastructure investment market; investigate trends related to the investment climate and the advantages of monitoring and controlling the implementation of national projects using a project management information system; identify obstacles to attracting private capital in national projects; propose solutions that can have a positive impact, expanding the boundaries of financial interaction between the public and corporate finance sectors.
Methods. This study uses a dialectical systems approach and general scientific methods. The analysis is based on the international scientometric database Scopus and the bibliographic database of the Russian Science Citation Index (RSCI).
Results. The authors substantiate the need to attract private capital as one of the most important elements of national project efficiency and formulate practical recommendations for realizing the potential of the corporate sector within the framework of financial cooperation with the state in the implementation of national projects. Business involvement can positively influence both the target indicators and the rate of economic growth and development in general.

Conclusions. Based on a study of financial interaction between the state and corporate finance, the authors identify obstacles to attracting private capital in national projects. Furthermore, based on the identified opportunities for financial interaction, solutions are proposed that can have a positive impact, expanding the boundaries of financial interaction between the public and corporate finance sectors.

Aim. The presented study aims to substantiate approaches to the formation of the legal foundations of domestic exchange control based on the relevant features of currency relations.
Tasks. The authors analyze currency relations to identify their distinctive features as monetary relations that are being formed and developing in the transboundary sphere. Based on the results of the analysis of currency relations, the authors develop initial positions for the formation of relevant legal foundations of domestic exchange control: provisions establishing the content of the basic concepts regulating the sphere of legal regulation and establishing the principles of exchange control as requirements to the norms of currency legislation.
Methods. This study uses general scientific methods of cognition in various aspects to describe approaches to the formation of the legal foundations of exchange control for the purpose of establishing an up-to-date legal regulator of exchange transactions.
Results. Analysis of the relevant provisions of Section VI of the Civil Code of the Russian Federation and Federal Law No. 173-FZ of December 10, 2003 on exchange regulation and exchange control makes it possible to substantiate: the objective necessity of forming a conceptual framework for currency legislation as demanded by legal reality; the essential features of  current currency relations; approaches to the formation of the major principles of exchange control as requirements for a system of norms for exchange control; major principles of exchange control: recognition and application of foreign currency legislation as applicable law, a clause on the limits of application of foreign monetary law, autonomy of will, dominance of economic control methods, exclusion of unjustified non-interference of the state in the regulation of transboundary currency transactions.
Conclusions. The actual subject of currency regulation is monetary relations complicated by  a  foreign element as a set of public and private relations regarding the possession, use, and   disposal of currency values, national currency, and national domestic securities, the use of national and foreign currency as a means of payment, means of circulation, means of accumulation.

Aim. The presented study aims to examine major problems in the transformation of the banking system into an ecosystem; to determine the prospects for the development of a new form of activity of banking organizations; to assess the probability of negative consequences following this transformation for businesses and consumers of new products and services.
Tasks. The authors investigate the stages of banking ecosystem development and the sequence of transformation of traditional banking into a financial and banking system; analyze strategic concepts for building an ecosystem of major banks in the Russian Federation; explore the historical roots of the concepts of “business ecosystem”, “banking ecosystem” and the development of the stages of their operation; assess the advantages and determine the prospects for the development of banks in the ecosystem format.
Methods. This study uses general and specific scientific methods and a formal-logical approach to analyze the existing banking system and to identify major directions for the transformation of banks into a financial and banking ecosystem.
Results. Financial services are a traditional element of banking services, but banks are striving to provide non-financial services (such as goods and food delivery, taxi, transport, catering, medicine, media) and other services of a wide format. The attitude to such transformations is diverse: the conservative public fears that this model will gradually begin to dominate, eventually leading to market monopolization. Progressive consumers of banking services believe that the transformation of traditional banking into a new banking ecosystem is a call of the times, a direction that makes it possible to improve the quality of customer service, while also increasing the investment attractiveness of banks.
Conclusions. The policy of transitioning from the traditional banking system to a financial and banking ecosystem developed and cultivated by major Russian banks is not regulated by laws and regulations, and there is no regulator to control the operation of the banking system in the new conditions. The banking system transformation is meant to facilitate the development of  digitalization, introduction of innovations, strengthening of information security methods, and reduction of expenses of individuals and legal entities when receiving financial and nonfinancial services.

Aim. The presented study aims to review and analyze the opinions of foreign Sovietologists on the possibility of economic reforms in the late socialist USSR.
Tasks. The author examines the opinions of foreign analysts on the permissibility and expediency of reforming the Soviet economic system and their proposals on the possible modernization of the pre-perestroika USSR economy.
Methods. The study is conducted as part of a thesis research. The object under study is the foreign historiography of the economic history of the pre-perestroika USSR. Sources of information include official statistics and works of foreign analysts. The author uses general scientific research methods and methods of historical and economic analysis.
Results. Estimates and data contained in the analyzed foreign works indicate the need to reform the Soviet economy. However, some researchers admit the possibility of modernizing the economic mechanisms of the Soviet economy within the framework of the existing model.
Conclusions. Foreign economists come to a consensus that by the mid-1980s the USSR economy needed to be modernized in order to overcome the decline in economic growth. At the same time, the possibility of reforming the Soviet system continued to be broadly discussed. Foreign analysts point out the need for transformations in the economic system of the Soviet Union. However, none of the researchers admit the possibility of radical reforms due to risks for the economic and political system of the USSR.

Aim. The presented study aims to substantiate the priority directions of corporate innovative activity in modern management in the context of structural digital transformations of the global economic system, which lead to the reformatting of business models of economic entities in the long term.
Tasks. To achieve the set aim, the authors comprehensively analyze theoretical and practical approaches to the forms and methods of transformation of innovation management in the modern economy, and propose recommendations on promising directions for the sustainable operation of companies that provide competitive advantages of business in a single network space.
Methods. This study uses comprehensive analysis, methods of synthesis, induction, deduction, and expert research using information and communication technologies.
Results. In the context of the digital economy, it is necessary to create a flexible organizational structure of companies, since the goal of the top management is not only to increase the capitalization of the business, but also to form an image of the brand using the methods of collaboration, strengthening of horizontal ties, and intellectual capital in the digital space. Modern management is focused on the intensive development of big data technologies and makes allowance for the increased role of precision work with clients, digital marketing, and artificial intelligence. Justification of the IT strategy, correct description of business processes based on cloud computing, BPM and SBPM technologies, and development of open interfaces are key factors for the sustainable operation of innovative companies.
Conclusions. The evolution of management under the influence of digital technologies has led to the reformatting of the companies' life cycle. In the long term, economic entities can achieve competitive advantages by developing innovative formats and the geography of customer presence in the network space. Cloud technologies, virtual space, e-commerce, web portals, and automated systems have a great effect on the correction of priorities of predicted scenarios for the development of business structures. Modern management is characterized by an increasing amount of investment of multinational corporations in the segments of technological chains with "mass demand". Internet games, e-commerce, centers for storing and processing information and analytical databases are the priority areas for the development of management. Intellectual capital, collection, storage, and processing speed of an array of statistical data have become a prerequisite for progressive economic growth. The transformation of the organizational forms of traditional business models has influenced the evolution of the role of companies, which are becoming an integral part of the digital ecosystem, since the ownership and processing of information and analytical data make it possible to ensure competitive advantages and to obtain the effect achieved by optimizing network interaction between economic entities. Companies on the core of digital ecosystems are adjusting their long-term development strategy under the influence of integrated management effects in a single network. The reformatting of management has occurred as a result of the development of new organizational forms of value creation within the ecosystem, which has reduced the consequences of external and internal risks of the world market using flexible and innovative forms of interaction between economic entities. In the digital economy, the high adaptability of network coordination and intersectoral interaction in innovation processes based on collective intellectual property has increased the effectiveness of management.

Aim. This study aims to present the types and methods of assessing the feasibility and effectiveness of outsourcing in industrial enterprises in a structured fashion and to substantiate the effectiveness of outsourcing some part of the business processes of an industrial enterprise.
Tasks. The authors describe the specific types of outsourcing; investigate methods for assessing the feasibility and effectiveness of outsourcing in industrial enterprises; substantiate the results of analyzing the activities of an industrial enterprise in terms of the effectiveness of outsourcing some part of business processes.
Methods. The study uses general scientific methods of cognition and assessment of the feasibility and effectiveness of outsourcing to analyze the activity of an industrial enterprise and determine the effectiveness of outsourcing some part of its business processes.
Results. Production outsourcing is one of the most complex types of relations that involve transferring activities to a third-party firm, both from an organizational and legal perspective. This practice is particularly widespread in high-tech industries. At the present stage of development of the market economy, there are two major groups of methods for assessing the outsourcing of some part of the business processes of industrial enterprises. As part of a study of the activities of scientific and production enterprise OOO NPP ECVST, the feasibility of outsourcing basic and supporting processes is assessed, and the strategic and tactical results of  partially outsourcing business processes are substantiated.
Conclusions. The outsourcing of business processes of industrial enterprises is driven by the requirements of the modern market, which is highly competitive and dynamic. Such a transition is also associated with the need to implement complex financial, economic, and organizational measures aimed at increasing profitability and ensuring long-term competitive advantages.

Aim. The presented study aims to investigate the essence of factors and the degree of their influence. Based on this information, the authors aim to determine criteria for identifying classification features and to substantiate the need for a clear ranking of these factors as part of a general methodology for assessing the quality of commercial services.
Tasks. The study analyzes existing scientific approaches to the classification of factors affecting the quality of commercial services, develops an original classification, and proposes measures aimed at reducing the negative impact on the overall level of commercial services.
Methods. This study is based on the principles of fundamental theoretical and practical research in the field of systematization of factors affecting the quality of service and the degree of their influence, as well as theoretical methods of cognition, including deduction and abstraction.
Results. Several scientific approaches of Russian scientists and economists to the classification of factors affecting the quality of commercial services and the overall level of commercial services are investigated. An original classification of factors is developed, and a correlation between the quality of services and the competitiveness of the enterprise is revealed. Consumer perception of the quality of commercial services under the influence of external and internal factors is investigated. Measures aimed at reducing the negative impact of factors on the quality of  commercial services are proposed.
Conclusions. The proposals formulated in the study can be used in identifying tools and methods for analyzing the quality of commercial services as well as in developing a general methodology for assessing the level of commercial services within the framework of existing regulatory legal acts, including state standards.