Analysts present innovations that revolutionize the stock market in the Dominican Republic
SANTO DOMINGO- The blackboard that summarizes information from stock market databases and the automatic calculator for clean investment prices in the stock market are two tools that facilitate the professional practice of experts in the Dominican capital market and that, in turn, generate Accurate data for market analysis. The information was disseminated during the Annual Congress of Economics and Business Students (CANE) of Instituto Tecnológico de Santo Domingo (INTEC).
The panel moderated by Iván Carvajal, director of strategic planning and markets of the Dominican Republic Stock Exchange (Bvrd), had the participation of Jaime Lama, product manager of Bvrd and Manuel Pimentel, risk manager of united capital, stock market.
Both experts carried out demonstrations of the operation of the tools and the operation processes within the stock market. The dashboard and the calculator that simplified the clean price calculation processes in stock market investments, developed by Lama during the pandemic, were a great boost for Pimentel, who stated that when he accessed the calculator, he saw the "consolidation of a problem that was happening in the market, since we had three sources of calculation”.
Pyton, Power Query and Power VR were three instruments that Pimentel also pointed out as keys to data transformation in market analysis.
“If they handle any of these tools that process data, it will be very simple to connect to the sources, compile them, transform the data and have clean information that generates a real model that they can use and verify,” said Pimentel.
"We need the academy and us to unite more, because we believe that the academy is the womb where the next professionals who are going to help us make that quantum leap in increasing GDP through the capital market are cooked," said Iván Carvajal.
With the aim of disseminating knowledge and experiences of teachers to INTEC students, CANE, in its eighth edition, addressed the main trending topics in the field of Economy and Business.
Tools for market analysis
Vladimir Pimentel, director of the Department of Market Intelligence of the Pro Dominican Export and Investment Center He spoke about useful tools for measuring trends, including the section available on his website to find out the Requirements for Access to International Markets (RAMI), Macmap to find out the conditions to access the market and the map of potential exports.
He also explained the usefulness of implementing Power BI business intelligence software.
Heidi Ojeda, assistant to Pro Dominicana and a graduate of the INTEC International Business degree, shared with the participants her experiences working with the data and tools necessary for market analysis that are available on the Pro Dominicana portal, in order to that the public can make efficient use of resources.
Ojeda joined the company through an internship advertised on the platform INTEC Oasis. "As students, we can do work that generates value and contributes to the development of our country," she expressed to the students who were present at the activity. He was also accompanied by Eduardo del Castillo, a technical market intelligence analyst for Pro Dominicana.
DR heading to the Caribbean Hub
The new practices within the logistics sector was the subject of Máximo Rodriguez, director of Logistics Centers of the Group henriquez, a logistics and transport operation company. The managers Cristian Mejía, from Sales, and Yordy Geraldino, from Technology and Digital Transformation, intervened in the talk.
Heading to convert the Dominican Republic at the regional logistics center, Hub del Caribe, Rodríguez detailed the practices that the Dominican government is developing to achieve the goal proposed in the national development strategy 2010-2030. However, he expressed the need to streamline customs processes for logistics management in the country's 18 ports, of which 14 are in operation.
"That there is transparency, that there is no bureaucracy, that the goods flow naturally, that there is no brake on logistics," he said.
Mejía presented the evolution of logistics in recent years with the new post-Covid logistics trends: onshoring (distribution in the same country), nearshoring (in neighboring countries) and offshoring (distant countries); while Geraldino expressed the importance of guaranteeing safe spaces in digital media, which protect customer information and notify them about "the process of leaving a load until it reaches the warehouse."
First steps in the NFT universe
The illustrator Rafael de los Santos, better known as "Poteleche", participated in a podcast carried out within the framework of the Congress in which he told about the revolution that has caused the nft universe, where a value is assigned to digital objects and they are traded online.
Although an emerging business model, he assured that the participation of brands in the creation of their digital objects allows them to be part "of what the digital world could be in the future."
Interviewed by Cristian Cohen, coordinator and teacher of the Commercial Communication and Advertising degree, he recounted his investments within this digital ecosystem and how he designed his first line of tokens.
CANE began with a conversation with graduates of the INTEC Business and Economy Area, of which he was a part Shirley Santana Herrera, sector analyst of Public Policies for Social Protection of the Ministry of Economy and graduate of the Economics career; Claribel Mata Project management manager of Banco Popular who graduated in 1992 with a degree in Business Administration and nelsy rodriguez, image consultant and personal shopper certified by the most recognized fashion and beauty magazine worldwide, It, who graduated from the International Business career.