The digitalization of the financial sector

Financial sector services digitalization  are gradually adapting to digital transformation . This transformation is driven by the increasingly rapid evolution of towards full digitalisation .        

For several years now, the financial digitalization sector has been offering innovative services that were previously impossible to provide due to the impossibility of personalising them for each client. Robo-advisor technology , also known as robo-managers, and Fintech platforms  have solv this problem and offer both clients and companies the possibility of creating personalis investment portfolios adapt to each client thanks to their foundation in algorithms.

But what exactly are these concepts? At DIGITAL55 we want to clarify them, explain how they work, what advantages they have and which ones are the most interesting for clients in 2018.

Automat advice and robo-advisors

Automat advice is currently the best solution for commercial banking clients who want to invest in the stock market . It is a relatively modern concept that offers a large number of users the possibility of buying and selling funds, minimizing investment risk as much as possible thanks to algorithm-bas personalization .

Traditional financial companies distinguish between commercial banking clients, virtually all of a bank’s users, and private banking clients, those with a larger amount of money. The only advice available to clients classifi as commercial banking was a portfolio of products distribut en masse and completely homogeneous for all users.

Personaliz investment portfolio

If you’re looking for country-specific email marketing list promotion and other quality data for contacts, you’ve come to the right country wise email marketing list place. Our company has many skill workers always picking data shots, due to which our data is 5% fresh and active. As a result, you get better quality active data at a lower price.

The financial sector and its digital transformation

These questions determine factors such as the risk that the client can assume, the suitability of the investment or the scope of profitability, among many others. “ Once we have the portfolio that interests us, we must register with the Securities Agency with our personal data and send the necessary documentation. Finally, we must open a securities account with the entity with which the Agency works so that the robo-advisor can operate and offer us its services, since they will only operate with said accounts .”

Robo -advisors appear in Spain in 2014. The precursor was  and to this day it continues to be one of the best valu by clients. At the end of 2017 alone, robo-advisors manag more than 100 million euros.

The purchase and sale operations are carri out

Automat advice is increasingly gaining ground on traditional financial companies due to its innovation and the greater advantages it offers over them:

• Automation enables low-net-worth clients to receive professional advice .
• Without a fix schule , clients can access their investments and make inquiries at any time of day, every how are reviews moderat on yandex maps? day of the year.
• Commissions , on the other hand, are much lower than those charg by advisors, as it is a digitaliz and autonomous service. In most robo-advisor platforms they do not exce 1% and in some there may even be commissions of 0.3%.
• Finally, it is also not that  automatically , allowing the client to focus on other matters.

The best-rat robo-advisors in Spain

In Spain there are already a considerable number of automat advisory platforms. However, not all of them have the same facilities, advantages or  . Among them, four stand out as the preferr ones by clients thanks to the services they offer.

1.-– The pioneering robo-advisor in Spain remains in the top positions thanks to the huge number of assets offer by more than 250 asset managers and its transparency in terms of commissions. Feelcapital helps users to establish a for each one through a series of steps: 1) A questionnaire determines the risk flexibility that the client is willing to assume. 2) In this step, the amount to be invest and the optimal number of assets in which to do so are establish. 3) Depending on the user’s risk tolerance, the assets can be distribut between Money Markets, Fix Income or Variable Income. 4) Once the previous steps have been complet, an algorithm is responsible for determining which are the best assets for each user.