A Malaysia-based fintech company is shaking up the robo advisory industry by taking an innovative route to offering robo advisory to the public
George Town, May 14, 2020 (Issuewire.com) - Investors will soon be able to have access to robo advisors of a different kind.
Penang, Malaysia - Pentaip, a fintech company, will be introducing more than 300,000 robo advisors to the world. It will be available for download at Google Play Store, Apple App Store as well as through its platform www.pentaip.com in September this year. Pentaip wants to revolutionize the investment industry with a first-of-its-kind Robo Marketplace where investors can select the type of robo advisors that suit their investment preferences.
Pentaip's robo advisors are smarter because they not only automate the whole investment process and portfolio management, they also continually improve themselves through machine learning capabilities. This capability allows the robo advisors to learn themselves through new data, and then reevaluate and rebalance its portfolio. The result will be a better-managed portfolio with better-expected returns for investors.
Another aspect that Pentaip's robo advisors are different is each robo advisor carries its own basket of securities. The purpose of doing so is for diversification within its portfolio.
In the past, retail investors will have to rely on mutual funds or ETFs for diversification or the capital will have to be large enough to encompass stocks across the different industries and/ or sectors and perhaps countries too. However, this poses another challenge to retail investors. They will need more time and resources to study and monitor more stocks. But with Pentaip's robo advisors, retail investors can rely on them to do to the heavy lifting. Investors need to only select the robo advisor that fits their investment preferences.
Raw financial data is set to grow exponentially, and all of this data will be added to Pentaip's big data inventory. New robo advisors will be generated and existing robo advisors will be improved! Investors will always have the option to select the best robo advisor that aligns with their investment goal.
The robo advisory industry is predicted to reach more than $3 trillion USD by 2023. Mr. Yeong, the founder of Pentaip with more than 10 years of quantitative stock trading and investment experience, acknowledged that robo advisors will play a big role in the financial industry. Sensing that the market is ready for a different type of robo advisor, he structured Pentaip's technology to allow this innovative product to come to life. The driving force behind such a task is his belief that "everyone deserves at least one smart robo advisor." He goes on to say "technology has made most part of our lives easy. It's time that technology helps in managing and growing our wealth as well."
Pentaip was founded in March 2019 by Yeong Ning to improve everyone's financial wellbeing through robo advisory. Pentaip is the only company in the world that gives investors a choice on selecting robo advisors that fit their investment preferences.
Source :Pentaip (M) Sdn Bhd