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Technology Could Be The Answer To India’s Financial Woes

May 14, 2019

Technology Could Be The Answer To India’s Financial Woes

The progress in Artifical Intelligence (AI), cloud computing, and big data have been successful in addressing the wealth management needs of several developed countries. The same technology can be used to answer the financial issues of a large population that lives and thrives in India’s numerous cities, towns, and villages. With the help of AI systems and algorithms, wealth platforms through the medium of Mobile Apps and Robo wealth advisors will be able to collate critical decision-making data to inform clients of simple cash flow needs, provide investment drawdowns, and generate probable recommendations based on market trends based on the client’s activity.

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