How Emerging Technologies Will Change Emerging Markets – Welcome Robo-Advisor X.0!

By Katarina Prozorova

Founder and CEO, Robo-Advisor IIWOII


  • “Why did you title your article that way?” my millennial-age sister exclaimed.
  • “What do you mean?” I replied.
  • “Robo-Advisor X.0!”
  • “You know”, I started. “X.0 relates to the mathematical optimization… I mean the selection of a best element from some set of available alternatives.”
  • “No, no, no”, she interrupted. “Robo-Advisor X.0 sounds like Robo-Advisor Hugs and Kisses” she laughed.
  • “Really?” I said. “I didn’t consider it that way, wait but why?”

Robo-Advisor X.0 – Hugs and Kisses

Robo-advisors are a class of financial advisers that provide financial advice or portfolio management online with minimal human intervention. Robo-advisors provide digital financial advice based on mathematical rules or algorithms. Robo-Advisors X.0 will provide digital advice using artificial intelligence applications, or rather artificial intelligence applications under Robo-Advisors X.0 control will make decisions instead of us. Robo-Advisors X.0 will offer a future of financial advice and portfolio management substantially different from the current analogue implementation of sophisticated applications as tools and realizing more ambiguous goals.

Digitization becomes the mainstream trend for all industries providing the following social and business functions:

  • business processes automation
  • artificial intelligence implementation.

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