Technology

Life

How big data can make insurance better

What the future could be

By Pierre Ghorbanian |April 5, 2017

5 min read

Industry

Robos won’t replace you, Jensen tells advisors

Maureen Jensen, head of the Ontario Securities Commission, has faith that robo-advisor platforms will not replace human financial advice. “I don’t think they’re going to replace advisors,” Jensen told an audience of financial advisors on Thursday. “Advisors are a very important parts of this market. They’re critical for the interaction with clients. I think what […]

By Simon Doyle |March 31, 2017

2 min read

Industry

Real RBC advisors are the new robo-advisors

RBC advisors have a new tool to serve clients online, effectively blurring the line between human advisor and robo-advisor. Read: Do human advisor fees offer more value than robo-advisor fees? The bank is using live video to connect clients with advisors in real time, using an online advice platform called MyAdvisor. The platform allows both […]

By Staff |March 29, 2017

1 min read

Industry

Effects of robotics revolution depend on your skills

Tired of hearing how human advisors must compete with robo-advisors? Rest assured, yours isn’t the only industry to face disruption by artificial intelligence. The labour market in general will be hit by the wrecking ball of robotics, reports the Financial Post. In fact, the upcoming federal budget is expected to examine the potential of artificial […]

By Staff |March 20, 2017

1 min read

Banks look to fintech, regtech to innovate

To address rapid changes in business and consumer behaviour, not to mention a decades-old payments system, banks are making innovation a top priority, reveals a report by PwC. They want to improve the client banking experience and provide web and mobile services that don’t require trips to bricks-and-mortar buildings. Read: Win the wealthy clients of […]

By Staff |March 9, 2017

1 min read

Insights from Canada’s first regulatory hackathon

In November 2016, the OSC hosted RegHackTO, the first hackathon by a Canadian securities regulator, which attracted more than 120 members of the Canadian fintech community. Participants competed to find solutions to regulatory problems in four areas: These themes emerged: Read: OSC, FCA agreement supports expanding fintech firms Based on these finding, the OSC intends […]

By Staff |March 8, 2017

1 min read

Wealthsimple partners with Forstrong for active management

Wealthsimple for Advisors has partnered with Forstrong Global Asset Management Inc. Read: Wealthsimple says it can compete in U.S. market The partnership allows financial advisors to invest client assets in Forstrong’s actively managed investment strategies, using Wealthsimple’s platform for advisors. Also read: Is your client cheating on you? Major data breach touches U.S. robo, but […]

By Staff |March 6, 2017

1 min read

Robo-advisors trying to build trust for likely market correction

With stock markets trading at or near all-time highs, an increasingly likely market correction means newer investors, like millennials, might unwisely pull their investments when the going gets tough. To avoid that scenario, robo-advisors are working at educating clients to remain focused on their plans through market ups and downs. At Wealthsimple, for instance, a […]

3 min read

Technology

How big data can make insurance better

Robos won’t replace you, Jensen tells advisors

Real RBC advisors are the new robo-advisors

Effects of robotics revolution depend on your skills

Banks look to fintech, regtech to innovate

Win the wealthy clients of the future

Insights from Canada’s first regulatory hackathon

Are financial institutions doing enough to boost cyber security?

Wealthsimple partners with Forstrong for active management

Robo-advisors trying to build trust for likely market correction