# AI Finance Virtual advisors manage customer assets using algorithms. By [Rebecca Byers](https://www.trendhunter.com/becbyers), Insights Research at Trend Hunter | Published Dec 15, 2015 | Category: [Tech](https://www.trendhunter.com/pro/category/technology-trends-and-gadgets) Source: Trend Hunter, https://www.trendhunter.com/protrends/futuristic-finance ## Key Figures - Trend score: 3.5/10 - Evidence articles: 5 ## What is the AI Finance trend? **AI Finance:** Colloquially referred to as "robo-advisors", virtual advisors offer a cost-efficient alternative to investors that's more affordable than their human counterparts. Combining convenience with accessibility, such services use complex algorithms to manage a customer's investments rather than human opinion. This progression speaks to the need for varied levels of access in the finance sector and the willingness on the part of consumers to entrust large financial decisions to automated means. ## At a Glance - Evidence: 5 featured examples - Articles from: Aug 13, 2015 to Mar 17, 2016 - Published: Dec 15, 2015 - Patterns: [Reduction](https://www.trendhunter.com/pattern/reduction), [Acceleration](https://www.trendhunter.com/pattern/acceleration) - Megatrends: [Simplicity](https://www.trendhunter.com/megatrend/simplicity), [Artificial Intelligence](https://www.trendhunter.com/megatrend/artificial-intelligence), [Many to Many](https://www.trendhunter.com/megatrend/many-to-many) ## Audience - Gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America, South America, Europe, Asia ## Themes within the AI Finance trend ### Robo-Advisors The rise of robo-advisors in the finance industry creates opportunities for cost-efficient investment management solutions. ### Artificial Intelligence in Personal Finance The integration of AI technology in personal finance offers personalized solutions to individuals who may not have considered financial services before. ### Voice-Activated Finance Apps Voice-activated finance apps provide an innovative solution to managing finances through technology, making it easier for users to keep track of their spending. ## What the AI Finance trend means for industry ### For Finance The finance industry can leverage robo-advisors and AI technology to create innovative investment management solutions. ### For Technology The integration of AI, voice-activated commands, and mobile applications creates opportunities for tech companies to develop innovative personal finance solutions. ### For Education The rise of personal finance apps and AI-powered solutions creates an opportunity for educational institutions to teach financial literacy in a more accessible and interactive way. ## Workshop question How could your brand adopt automation to make consumers' lives easier? ## Trend signals for AI Finance Trend score 3.5 out of 10, from popularity 60%, activity 37%, freshness 8%. - Popularity: 60% - Activity: 37% - Freshness: 8% ## Examples of the AI Finance trend 5 featured examples from Aug 13, 2015 to Mar 17, 2016. - [Piggy Bank Apps](https://www.trendhunter.com/trends/digital-piggy-bank): Clever Kash is a Digital Piggy Bank That Lets Children Experience Tangible Wealth (Category: Art & Design) Implication: Creating innovative digital piggy bank apps that leverage technology to revolutionize the way children learn about saving and managing money. - [AI Money Managers](https://www.trendhunter.com/trends/ai-assistant): The Cleo App Consists of an AI Assistant for Matters of Personal Finance (Category: Tech) Implication: The FinTech industry can leverage AI technology to create innovative solutions for personal finance management and offer new value-added services. - [Artificially Intelligent Financial Advisors](https://www.trendhunter.com/trends/devise-a-financial-strategy): This Program Helps Users Devise a Financial Strategy (Category: Lifestyle) Implication: FinTech companies can utilize Pefin's approach to AI-powered financial planning to create their own digital platforms and personalized financial services. - [AI Saving Apps](https://www.trendhunter.com/trends/investment-app): This Artificially Intelligent Saving and Investment App Helps You Manage Money (Category: Tech) Implication: Fintech companies can leverage AI-powered saving and investment apps to provide an easy-to-use and comprehensive personal finance solution for their customers. - [Simplified Tax Apps](https://www.trendhunter.com/trends/doing-taxes): The 'Sensibill' App Takes the Stress Out of Doing Taxes (Category: Business) Implication: Opportunity for disruptive innovation: Develop fintech applications that optimize tax filing and receipt management processes for individuals and businesses. ## Recent trend clusters - [Delegated Interfaces](https://www.trendhunter.com/protrends/delegated-interfaces) (Tech) - [Adaptive Controls](https://www.trendhunter.com/protrends/adaptive-controls) (Tech) - [Desk Systems](https://www.trendhunter.com/protrends/desk-systems) (Tech) - [Spatial Refinement](https://www.trendhunter.com/protrends/spatial-refinement) (Tech) ## Trending in Tech - [Decor-Led Home Projectors](https://www.trendhunter.com/trends/decor-led-home-projectors) - [Accessible Fintech Pop-Ups](https://www.trendhunter.com/trends/chequing-account) - [Dual-Wavelength Recovery Wearables](https://www.trendhunter.com/trends/joint-therapy) - [Pop-Culture WiFi Routers](https://www.trendhunter.com/trends/pop-culture-wifi-routers) All articles: [Tech](https://www.trendhunter.com/tech)