Software To Manage Hard Cash

A small miscommunication with her broker cost Divya Gera (name changed) dear in the stock market. This was not the first time. She had similar human errors earlier as well and every time she had suffer a loss. “Better to trust humanoids than humans,” she thought, and moved on to a robo advisor.    The automated advisor provides financial tips and guidelines framed through a process or a set of rule-based software or algorithm in technical terms. Financial advisors, investment managers, data scientists and programmers make them. Ideally, the software can automatically allocate, optimise and manage clients’ assets for the short to long term. Different levels of robo advisory services are available across the world based on the extent of personalisation, discretion, involvement, and human interaction. According to Deloitte, robo advisory services offered in...