Robo-advisors work like the regular financial advisors. As a rule, they target investors who have limited resources and want to manage their funds, like small- and medium-sized businesses or individuals. AI-based robo-advisors create financial portfolios for their users and apply historic data processing, including risk assessment algorithms in some situations. These solutions cover the following segments:
Benefits for the company
The financial industry is subject to various risks, especially when investing. AI technologies can help make an informed decision about investments and predict possible risks using data analytics, deep learning, and machine learning algorithms.
Type of expertise/ AI domain
Deep Neural Networks, Bayesian Neural Networks
Internal data required