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ADGM issues Digital Investment Management License-10 Leaves

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Himaja
Business
2019-08-20 20:02
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Description : Applicants for Digital Investment Management License or Robo Advisory license in the ADGM will go through a rigorous process of authorization.

The ADGM recently announced its detailed guidance on Digital Investment Managers or Robo Advisory solutions.

Robo-advisors are a class of financial adviser that provide financial advice or Investment management online with moderate to minimal human intervention. They provide digital financial advice based on mathematical rules or algorithms, and use technology to interact with more tech-savvy clients, as opposed to the traditional method of relationship-based advisory. This technology allows investment managers to provide tailored investment management services to clients in a cost-effective and scalable manner.

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