Eddy Alexandre, the CEO of EminiFX, promised weekly returns would be generated through proprietary robo-advising technology.
May 19, 2022OCBC's Aditya Gupta says digital assets will be mainstreamed into the financial ecosystem "before we know it", creating new growth opportunities and revenue streams for banks.
November 22, 2021Successful virtual banks are likely to branch out into wealth management services, robo-advisory and fund distribution, says a new Calastone paper.
July 3, 2020The exchange will match buyers and sellers of financial data and facilitate the use of big data analytics to improve product development in the financial industry.
January 22, 2020The lack of employees with AI expertise was cited by 70% of respondents as the top barrier to AI adoption, according to a survey.
December 24, 2019The MAS has commenced a review of the disciplinary frameworks at financial advisory firms, with a view to eventually sharing best practices and developing further guidance.
July 15, 2019Mutual funds will have to report on their use of AI and ML to facilitate investing, trading, dissemination of investment strategies and advice, compliance, operations and other activities.
May 10, 2019Korea is allowing robo advisers to operate funds, provided they are managed in line with disclosed objectives and have security breach prevention measures in place.
April 18, 2019Guidelines allow digital advisers to pass client orders to brokerage firms for execution without the need for an additional capital markets services licence.
October 9, 2018Robo-advice platforms should explain how their underlying algorithms operate, ensure regular testing to ensure they remain fit for purpose.
March 29, 2018