Algorithms and patterns charted by robots are slowly making inroads into the investments advisory business. Given their significance, the robo-advisory approach is emerging as one of the hot areas for fintech start-ups, something that is coming across as the next big disruption in the space. In fact, according to YourStory Research, there are close to 50 Indian early-stage start-ups flocking around this sector. Robo-advisory leverages client information through algorithms, automating and recommending tailored investments to individuals. However, what we are talking about is the consumer slab of robo-advisory. Historically, wealth managers who have serviced high net-worth individuals (HNIs) have always been equipped with the most basic form of data analytics. Now, start-ups are leveraging the power of artificial intelligence (AI) to penetrate till the middle of the financial pyramid (i.e. the banked populations of the country).

http://www.dnaindia.com/money/report-new-fintech-disrupter-robo-advisor-2266850