Financial ecosystem

The financial ecosystem is a complex and dynamic network that encompasses various entities, technologies, and processes essential for the functioning of financial markets and institutions. This ecosystem includes banks, insurance companies, investment firms, regulatory bodies, tech firms, and more, all working in unison to facilitate financial transactions, manage risks, and foster economic growth. It also covers a range of financial services such as payments, lending, asset management, and wealth advisory. Understanding the financial ecosystem is crucial for anyone looking to navigate the financial world effectively, as it offers insights into how different components interact and impact the overall economy.