Artificial intelligence and Big Data to manage your wealth: robo-advisers

It is done by various possible people such as investment managers, wealth managers, financial advisers and even accountants. Since just a few years a range of new fintechs hit the market with so-called robo-advisers or automated financial advice tools. They have been popping up (and keep popping up) in no time and some already even dissapeared. It will be hard for robo-adviser startups to scale; differentiating their services is key. Robo-advisers, essentially software tools driven by artificial intelligence and crunching loads of data, are predicted to be an important growing category of fintech.