AI provides asset management advice
Posted: Tue Jan 21, 2025 4:49 am
The topic of FinTech that I will introduce in this blog
is asset management .
How will asset management change with the fusion of finance and technology?
Financial institutions will replace human contact with artificial intelligence
You may be wondering how to increase your assets.
After all, there are so many ways to increase skype database your assets in this world that it's hard to choose. You
can get investment advice at a bank counter using the money in your savings account, or you can invest in government bonds (government bonds) or buy foreign bonds over the phone with a securities company representative.
Some people prefer "high risk, high return" where there is a lot of profit if successful, but a large loss if they fail, while others prefer "low risk, low return" where there is almost no loss but also little guaranteed profit.
Bank tellers advise customers on what kind of asset management ideas they have and what method is suitable for them, but some financial institutions are replacing this job with artificial intelligence.
Providing optimal advice based on 85 million types of data on individual behavior patterns
Switzerland's largest financial group UBS has teamed up with Singapore IT company Scream Technologies to use artificial intelligence to advise wealthy clients on asset management.
Scream has identified 85 million individual behavioral patterns for approximately 6 million Singaporeans, ranging from preferences for food, beauty, and travel to a person's outlook on life. It finds
all possible combinations of preferences, interests, and similarities and turns them into data.
UBS Group is using this technology with some adjustments for financial services.
First, it extracts personal profiles that are likely to match the various asset management services for wealthy individuals that UBS Group offers.
Then, it sends content tailored to the needs of each individual customer to their smartphone.
Instead of receiving asset management advice in person or over the phone, you can get it on your smartphone screen.
is asset management .
How will asset management change with the fusion of finance and technology?
Financial institutions will replace human contact with artificial intelligence
You may be wondering how to increase your assets.
After all, there are so many ways to increase skype database your assets in this world that it's hard to choose. You
can get investment advice at a bank counter using the money in your savings account, or you can invest in government bonds (government bonds) or buy foreign bonds over the phone with a securities company representative.
Some people prefer "high risk, high return" where there is a lot of profit if successful, but a large loss if they fail, while others prefer "low risk, low return" where there is almost no loss but also little guaranteed profit.
Bank tellers advise customers on what kind of asset management ideas they have and what method is suitable for them, but some financial institutions are replacing this job with artificial intelligence.
Providing optimal advice based on 85 million types of data on individual behavior patterns
Switzerland's largest financial group UBS has teamed up with Singapore IT company Scream Technologies to use artificial intelligence to advise wealthy clients on asset management.
Scream has identified 85 million individual behavioral patterns for approximately 6 million Singaporeans, ranging from preferences for food, beauty, and travel to a person's outlook on life. It finds
all possible combinations of preferences, interests, and similarities and turns them into data.
UBS Group is using this technology with some adjustments for financial services.
First, it extracts personal profiles that are likely to match the various asset management services for wealthy individuals that UBS Group offers.
Then, it sends content tailored to the needs of each individual customer to their smartphone.
Instead of receiving asset management advice in person or over the phone, you can get it on your smartphone screen.