Sacramento-based Riskalyze has raised $20m in a funding round to expand its Autopilot robo-platform for advisers and other products such as Compliance Cloud data analytics. The firm isn’t making public how many firms are using Autopilot at this point to make their businesses more efficient and give advisers more time to spend figuring out what’s in the best interest of clients, Mr. Klein said. The award-winning company claims its unique digital offering significantly improves the "advisor's ability to qualitatively measure a client's risk profile and build a portfolio that accurately reflects that profile". In addition to being able to use AI to predict future events, it can also help advisors make better decisions about how much they should pay out on their investments.
Sacramento-based Riskalyze has raised $20m in a funding round to expand its Autopilot robo-platform for advisers and other products such as Compliance Cloud data analytics. The award-winning company claims its unique digital offering significantly improves the "advisor's ability to qualitatively measure a client's risk profile and build a portfolio that accurately reflects that profile". In addition to being able to use AI to predict future events, it can also help advisors make better decisions about how much they should pay out on their investments.