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By Jaime BOLÍVAR, CEO at TechRules (Spain)
The financial services industry is currently undergoing a significant transformation in the way that their advisory services are being provided and delivered to their individual investors. This is being driven by a number of factors including new regulations, changing demographics and technological progress.
These changes are occurring at a time when the need for financial advice has never been greater, as savers deal with the challenges of prolonged low and negative interest rates on high levels of cash, inadequate savings, longer life expectancies, and a greater expectation for them to take responsibility for their finances. In 2014, robo-advisors were seen as a threat to their human counterparts. However,...
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