“Robo advisory is growing and is based on pure quantitative metrics… we can input our own knowledge to mix quantitative and qualitative factors in a more efficient way,” he said.
“You would need two solutions for advice – a simple automatic path and then a customised solution. And then the business would need a dedicated fund solution sector as a more exclusive part.”
Couvreur said if financial services firms did not move into the fintech space, other industries and companies such as Google and Amazon could move in at a lower price.
Please watch the video above to hear all of Couvreur’s views.