Tag "robo-advisor"

The Role Of The New Advisor In The Digital Financial World

Robo-advisors, wealth management algorithms typically offered at low costs and with little human interaction, are gaining stream. Globally, wealth managers were responsible for US$74 trillion in assets under management (AUM) in 2014. BI Intelligence predicts that robo-advisors will manage around

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UBS Report: Fintech Gaining in Consumer Adoption

Customers are increasingly relying on financial services provided by non-traditional providers, according to survey by UBS Evidence Lab. While the fintech disintermediation risk is real and growing, USB believes that collaboration and new technologies can deliver new opportunities for banks. In one

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Women Take Center Stage As Fintechs Eye Untapped Opportunity in Online Wealth Management

Fintech ventures have long been praised for providing products that suit consumers’ changing behavior and expectations, but also for providing financial services to demographics that have been so far excluded. Whether it is for rural populations in developing countries or

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Credit Suisse Report Names Technologies Trends Changing Banking

Credit Suisse has released a report on the Swiss financial center in which it points out the key trends and technologies that are changing banking. The report, entitled ‘Swiss Financial Center 2016,’ addresses the ongoing changes occurring in the financial

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German Stock Market Operator Releases Paper On How Fintech Will Reshape Capital Markets

Blockchain, artificial intelligence (AI), machine learning and Big Data will transform capital markets, according to German stock market operator Deutsche Boerse. It urges established financial infrastructure players to start approaching fintech firms and consider partnering with these innovative ventures. In

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CFA Swiss Fintech Survey: Swiss Bankers Convinced That Fintech Will Dramatically Impact Financial Industry

Swiss bankers are the most convinced that fintech will impact the entire financial services industry, naming robo-advisory and blockchain technology as the most impactful innovations, according to a new survey by CFA Institute. Released earlier this month, CFA Institute’s ‘Fintech Survey

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Potential of Robo Advisors in the Insurance Industry

Automated advisory platforms, or so-called robo advisors, have been making a lot of noise in the financial services industry because of the high level of automation and efficiency they bring to the table. In a new report entitled ‘AI –

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KPMG Report: Robo Advice Platforms Will Manage US$2.2 trillion Worth of Assets by 2020

KPMG surveyed 1,500 bank clients about their awareness of and interest in digital wealth management, or robo-advisors. The firm found that while awareness of the robo advising services of popular fintechs including SigFig, Betterment, Wealthfront and FutureAdvisor (8% to 15%)

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SwipeStox the ‘Tinder for Trading’; Snapchat Developing Robo-Advisory Tech

SwipeStox, the self-proclaimed “Tinder for trading,” lets you “swipe and trade” following advices from successful professional traders, who themselves make cash when being copied. Created by the Naga Group AG, a Hamburg-based fintech firm founded in October 2015, SwipeFox is

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