You are here

Why robots will not eat the banker's lunch

That clarion call that robots will take over the world does not apply to bankers because humans bring a more holistic approach to complex relationship management.

BT_20180531_DIGITAL_3455670.jpg
There is a limit to what humans can do in terms of data about stocks, bonds or commodities. Being able to tap machine learning helps bankers sift through the myriad options and advise their clients better.

VIDEO killed the radio star, so the song goes. A question that has been thrown up a lot of late is whether technology will kill the private banker. A recent report by management consultant Opimas LLC predicts that more than 200,000 jobs in banks across different work areas would be made

sentifi.com

Market voices on:

Powered by GET.comGetCom