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Документ The concept of digitalization and usage IT solutions in financial sector(Причорноморський науково-дослідний інститут економіки та інновацій, 2021) Shyriaieva, Natalia Volodumyrivna; Adamkevych, AntuanellaThe era of Industry 4.0 has a great impact on the nature of finance and interaction between market participants. Industry 4.0 has already made a global contribution to improving and automating production through various physical and digital technologies. But one of the main questions today remains how companies can effectively use digital technologies in the financial sector. The paper considers the role of digitalization and the process of its implementation on real cases of companies around the world, as well as software used by companies. Based on the data received from Google Scholar and Statista, the demand for electronic document management, which became extremely popular during the Covid-19 pandemic, was confirmed as a solution and facilitation of the work remotely. The essence of the digitalization process study has been substantiated and the possibilities and prospects for the further development of this topic have been put forward. Further technological development and digitalization of financial services will be associated with the use of innovative financing methods and the development of FinTech startups that ensure the use of several online financial services directly to key market participants, excluding the participation of financial intermediaries. This could lead to a personalized system that will be used not only in the financial sector, but also in related sectors such as supply chain management and value chain creation.