robo-advisor

138 articles tagged with this keyword

/robo-advisor

BNP Paribas to develop prototypes with nine hackathon finalists

BNP Paribas has signed letters of intent with nine of the eighteen startups who made it to the final stages of the French bank's annual innovation hackathon.

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Wells Fargo partners SigFig on robo-advisor service

Wells Fargo is working with San Francisco-based wealth management technology startup SigFig on a digital advisory service that the bank will begin piloting next year.

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Standard Chartered launches personalised investment tool for affluent clients

Standard Chartered is joining the digital wealth management revolution, introducing a personalised investment tool that harnesses the power of big data to help its relationship managers advise affluent clients in Singapore.

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Digital wealth manager Nutmeg raises £30m

UK digital wealth management startup Nutmeg has raised £30 million in a funding round led by Hong Kong-based independent financial advisory firm Convoy.

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Robo-advisors not ready to replace humans - Credit Suisse exec

A wave of new digital tools will complement, not replace, finacial advisors, according to senior Credit Suisse exec Marco Abele, who says it's not yet time to worry about the rise of the robo-advisors.

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Wealth management firms to embrace tech and see off fintech insurgents - report

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

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Advantage Ellevest as Venus Williams invests in robo-advisory service for women

Venus Williams is among the big hitters to join a $9 million funding round for Ellevest, a robo-advisory startup run by former Bank of America and Citi executive Sallie Krawcheck that caters specifically to women

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ING welcomes Pepper the robot to Amsterdam HQ

Dutch bank ING welcomed a special guest to its headquarters this week: Pepper, a humanoid robot who may herald the beginning of an AI-driven future for banking services.

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US Bank joins robo investment movement with FutureAdvisor

US Bank is the latest large financial institution to team up with an automated investment platform to provide online financial advice to wealth management clients, forming an alliance with BlackRock-owned FutureAdvisor.

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Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

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Nearly half of North Americans open to robo-advice

Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services, according to a survey from Accenture.

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Wealth managers must up digital game to fend off fintech threat

With up to half of their net income at risk due to poor digital capabilities, wealth management firms will need to explore partnerships with fintech upstarts to ensure their long-term success, according to a report from Capgemini.

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Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

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Standard Chartered revamps mobile and online channels for African push

Standard Chartered is rolling out a new mobile and online banking service to serve one million clients across eight African markets as part of a three-year $1.5 billion commitment to a digital future.

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Robots on the high street: MoneyFarm opens pop-up shop

Digital investment advisory firm MoneyFarm is looking to bridge the gap between the impersonal world of the robo-advisor and the confidence-building connection achieved via a human intermediary by opening its first pop-up shop in Milan.

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Krawcheck launches robo-advisory service for women

Former Bank of America and Citi executive Sallie Krawcheck has launched a robo-advisory company catering specifically to women.

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Investment pros wary of robo-advisor threat

Investment professionals around the world expect robo-advisors to start replacing humans in the mass affluent market, but are far less concerned that computers will oust them from their work with higher net worth clients.

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Scalable Capital scoops £5.6 million in funding ahead of UK launch

Munich-based digital investment manager Scalable Capital has secured £5.6 million in funding to support its forthcoming launch in the UK.