Wealth management robo-advisors on the rise across MENA – Arabian Business

  • Date: 06-Jun-2022
  • Source: Arabian Business
  • Sector:Economy
  • Country:Middle East
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Wealth management robo-advisors on the rise across MENA – Arabian Business

The number of wealth management robo-advisers is on the rise across the Middle East and North Africa, according to new research from Oxford Risk.

One in three (34 percent) expect the number of digital-only solutions to increase dramatically by 2025.

“The increased use of technology is transforming businesses around the world and is clearly having a major impact in the MENA region,” Greg B Davies, PhD, head of behavioural finance, Oxford Risk, said.