AI: The Poker-Face for FinTech
Robo-advisors are a class of software which based on mathematical algorithms advise the bank's clients how to structure their financial portfolio. With this they replace human finance advisors. As known from business administration lectures, finance advisers are, strictly spoken, a contradiction, as if the bank employee would be able to predict the future of the stock markets, he or she should not have to work anymore in the bank, but enjoy life thanks to the personal earnings. Robo-advisors can work on different levels. The intelligent software receives information about the company's financial results, performance and outlook.
May-28-2018, 22:41:09 GMT
- Country:
- North America > United States > Massachusetts (0.06)
- Industry:
- Banking & Finance (0.92)
- Technology: