Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Robo-Advisory Software Market to Reach USD 1,752.3 Million by 2030, Growing at a 25.1% CAGR – Report by Market Research Future (MRFR)

Published

on

New York, US, May 09, 2022 (GLOBE NEWSWIRE) — Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Robo-Advisory Software Market” information by Deployment, by Organization Size, by End User and Region – Forecast to 2030” market size to reach USD 1,752.3 million, growing at a compound annual growth rate of 25.1% by 2030.

Market Scope:
The global robo-advisory software market is to boost significantly during the projected period, witnessing rapid growth in adoption and revenues. The rising demand for robo-advisory software from financial institutions to manage client portfolios cost-effectively and conveniently is a key growth propeller for the market rise.

Dominant Key Players on Robo-Advisory Software Market Covered are:

  • Empirica (Poland)
  • InvestCloud, Inc. (US)
  • Mangosteen BCC Pte Ltd. (Bambu) (Singapore)
  • Profile Software (UK)
  • Techrules (Spain)
  • AdvisorEngine (US)
  • REDVision Technologies (India)
  • Vestmark, Inc. (US)
  • Pintec (China)
  • WeAdvise (Germany)
  • Additive AG (Germany)
  • Accord Fintech Pvt. Ltd. (India)
  • AQUMON (Hong Kong)
  • EbixCash Financial Technologies (India)
  • Comarch (Poland)
  • FA Solutions Oy (Finland)

Get Free Sample PDF Brochure:  
https://www.marketresearchfuture.com/sample_request/10791  

Market USP Exclusively Encompassed:
Market Drivers
Robo-advisory software helps registered investment advisors (RIAs), financial brokers, and banks in automating the client management process. These solutions are designed to lower client acquisition and management costs for brokers and allow finance professionals to easily manage their client accounts, especially with lesser strategic investments.

Robo-advisory platforms also aid in automating the portfolio creation process based on acceptable risk parameters, income, and other authorizations for the client’s investment. Additionally, these solutions can automate the reinvestment of dividends and the tax optimization process. It can also be integrated with customer relationship management (CRM), banking, and financial research solutions.

With rapid technology upgrades, today’s advanced robo-advisory software can deliver a B2B model to automate investment portfolio creation and advice on investment using market data. Robo-advisory software is becoming the most discussed topic among financial services providers.

Artificial Intelligence (AI) is disrupting the banking sector continually. In recent years, banks, financial services providers, and Fintech startups are rapidly adopting innovative AI algorithms and MI technologies to integrate them within their organizations and services to review and analyze vast amounts of data to improve operations, ensure protection from financial crimes, boost their competitive edge, and personalize their services efficiently.

Browse In-depth Market Research Report (100 Pages) on Robo-Advisory Software Market: 
https://www.marketresearchfuture.com/reports/robo-advisory-software-market-10791  

AI-enabled robo-advisory software can efficiently understand the financial health of a customer by analyzing their data and financial history. Based on this analysis, this solution gives appropriate investment recommendations and advises to meet goals set by the client. Banks and wealth management companies realize the potential of robo-advisory apps in broadening their reach and tapping into new customer segments.

Technology providers strive to enhance the skills required for financial app development. With their improved experience, they develop robo-advisory platforms that can help their clients to build their customized services. Financial advisors and wealth manager professionals manage portfolios digitally, leveraging an end-to-end automated advisory solution. 

Through automated monitoring and rebalancing, client portfolios are always aligned to their risk profile. Industry players also ensure the expansion of their footprints across well-established and emerging markets globally, providing customized financial solutions needed to help meet their goals through various life stages.

Segmentation of Market Covered in the Research:
The robo-advisory software market is segmented into deployments, organization size, end-users, and regions. The deployment segment is bifurcated into on-cloud and on-premises. Similarly, the organization size segment is bifurcated into SMEs and Large Enterprises. The end-user segment is bifurcated into banks, financial services companies, and others. Further, by region, the report is sub-segmented into the Americas, Asia Pacific, MEA, Europe, and rest-of-the-world.

Talk to Expert:
https://www.marketresearchfuture.com/ask_for_schedule_call/10791  

Regional Analysis
Globally, North America accounts for a key share in the global robo-advisory software market. The region witnesses rapid adoption of the robo-based advisory model by wealth managers and investors. Besides, the vast demand for robo-advisory software from financial institutions for automated wealth management creates significant opportunities. The strong presence of notable players and well-established development centers impacts the robo-advisory software market shares positively.

Industry Trends
The vast demand for individualized financial advice and investment solutions across all client segments is a growing market trend. Moreover, the high demand for deep product innovation and growing investments in developing novel technologies boost the market revenues. The expansion of global financial giants and rapid adoption of robo-advisory services create lucrative opportunities for technology providers.

The rising demand and advances in data aggregation techniques and AI expertise bolster the robo-advisory software market value, expanding the enterprise-grade robo-advisory platform that can pair humans with financial advice and machine-optimized portfolios. The surging demand for robo-advisory services across the emerging economies, alongside the penetration of the internet and increase in internet users, escalates market shares.

On the other hand, the risk associated with cyberattacks, glitches, and outages is estimated to impede market growth. Also, regulatory challenges could also pose significant challenges to the market players. Nevertheless, the rapid adoption of robo-advisory services across the globe would open up lucrative opportunities throughout the assessment period.

Buy this Report:
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=10791

Competitive Landscape
Highly competitive, the global robo-advisory software market appears fragmented due to the presence of several well-established players. Mergers & acquisitions, innovation, and expansion remain prevailing key trends for the leading players as these strategic moves support their growth and expansion plans.

Industry players tap into the emerging markets by investing substantially in R&D to develop adept technologies and product portfolios. They also raise funds and try to gain grants for their future R&D activities to develop and improve their existing product portfolio.

For instance, on Oct.14, 2021, CyborgTech announced receiving a notable equity investment from a leading global financial technology company – PureFacts Financial Solutions. These funds would be used in expanding CyborgTech’s award-winning robo-advisory platform and accelerating developments & driving innovations of its advisory solution range.

These investments would further allow the company to increase its capacity for growth and solidify its relationship with knowledgeable, experienced technology professionals to redefine the investor experience by sharing its vision. CyborgTech helps financial advisors successfully engage with their clients, right from the first point of contact (POC) to onboarding and providing services continually.   

Related Reports:
Construction Robot Market, By Design Type, By Function, By Vertical, By Industry and By Region – Forecast till 2027

AI Robots Market Research Report – By Offering, By Type, By Technology, By Application and By Region – Forecast to 2027

Robot Operating System Market Research Report, By Vertical, By Type and By Region — Global Forecast till 2027

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Cyber insurtech BOXX partners with Zurich Insurance Group in Switzerland to introduce breakthrough personal cyber product

Published

on

cyber-insurtech-boxx-partners-with-zurich-insurance-group-in-switzerland-to-introduce-breakthrough-personal-cyber-product

TORONTO, May 21, 2024 /PRNewswire/ — Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families. 

Recognizing the critical need for comprehensive protection against digital threats Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a user-friendly solution designed to help individuals and families better predict and prevent potential scams and digital threats.
Designed for simplicity, the app’s personalized experience puts users’ digital safety front and centre, featuring an easy-to-use interface designed by Zurich Insurance in Switzerland and developed by BOXX in close collaboration with Zurich. The App is now available in Switzerland offering support in English, German, French and Italian.
“We created this to give individuals and families what they want – an app that delivers an essential bundle of tools at users fingertips including access to experts in the event of a cyber emergency,” explained Vishal Kundi, CEO and Founder, BOXX Insurance. “Smartphones have become the fastest-selling gadgets in history. They have penetrated every aspect of daily life. The average person picks their phone up to 100 times a day so if we want to make their world a digitally safer place, we have to ensure their phone and their usage is better secured,” Kundi added.
“An extensive research conducted by Zurich Insurance in Switzerland showed that many are not aware of online dangers and that around a quarter have already been victims of a cyber-attack. In addition, customers are simply overwhelmed with the range of cyber products,” says René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland. “At Zurich, it’s our mission to go beyond mere protection, and also offer our customers tools to help them build resilience and implement preventative measures against cyber risks. Based on these facts, we are expanding our cyber offering for private individuals so that we can provide them with support before, during and after a possible cyber-attack. This is exactly where our joint offering with BOXX Insurance comes in, as a way to lend additional support to our customers,” he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency. Delivered to end customers by Zurich, key features include:
Identity Protection: Identifies if personal data captured in the app shows up on the dark web and notifies users, providing help and advice to reduce threats of identity theft.Secure VPN: By creating a secure and encrypted internet connection the VPN protects data from potential threats such as hacking, identity theft, and phishing attacks. Secure WiFi: Scans WiFi networks for threats and helps proactively detect security issues.Safe Browsing: Warns against harmful websites and links to protect privacy and personal data.Device Protection: Checks and improves the security settings of devices. Devices with the Android operating system are additionally protected against viruses and malware.Password Manager: Creates and manages strong passwords and assists with their use.Edutainment: Educational content in an entertaining way to raise awareness of personal cyber security.Emergency Support and Assistance: Help and assistance from cyber security experts to provide support in cyber emergencies and for many other IT-related problems.   The new offering is available here: https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
“From providing protection from the dangers of being connected at home and on the go, customers now have the means to keep their devices and data secure and have access to indispensable help in an emergency, all in one easy-to-use app,” Kundi added.
Zurich has been working with BOXX since 2021 and participated in BOXX’s Series A and Series B funding rounds. As a Zurich Global Ventures portfolio company, BOXX is proud to now extend the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.
About BOXX Insurance 
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. Privately-held with headquarters in Canada, BOXX has global offices in Toronto, Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and insurance provider. We’re not a typical company. That’s by design. We’re serious about making the world a digitally safer place; creating real, positive changes for our clients and partners, and building a lasting legacy, from what we create, inside the BOXX.
Every day we’re improving the digital health of businesses, families and individuals around the world who rely on BOXX’s solutions and services to predict, prevent and insure them against cyber threats.
Media Contact: Sarah Madden, [email protected] 

Photo – https://mma.prnewswire.com/media/2416572/BOXX_Insurance_Cyber_insurtech_BOXX_partners_with_Zurich_Insuran.jpgLogo – https://mma.prnewswire.com/media/2416573/BOXX_Insurance_Cyber_insurtech_BOXX_partners_with_Zurich_Insuran.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/cyber-insurtech-boxx-partners-with-zurich-insurance-group-in-switzerland-to-introduce-breakthrough-personal-cyber-product-302150416.html

Continue Reading

Artificial Intelligence

Amp Finalises Commercial Agreements for Cape Hardy Advanced Fuels Precinct

Published

on

amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct

ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.

The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity.   The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities.  To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.   
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress.  The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”).  With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region.  Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy

View original content:https://www.prnewswire.co.uk/news-releases/amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct-302150677.html

Continue Reading

Artificial Intelligence

GEEKOM A8 AI PC is now available for €799 and up.

Published

on

geekom-a8-ai-pc-is-now-available-for-e799-and-up.

TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.

The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
Photo – https://mma.prnewswire.com/media/2415798/image_5019393_32291715.jpg

View original content:https://www.prnewswire.co.uk/news-releases/geekom-a8-ai-pc-is-now-available-for-799-and-up-302148964.html

Continue Reading

Trending