The internet of things

The internet of things

New technologies for financial planning – IoT What is the internet of things? The internet of things are all the “things” (devices) that are capable of connecting to the internet and communicating. These “things” are often called “smart devices”. They often communicate and share data without human intervention. An example would be your smart watch…

Virtual reality

Virtual reality

New technologies for financial planning – Virtual reality Virtual and augmented reality Virtual reality completely replaces the user’s real-world environment with a simulated one. Augmented reality is mixed reality – a combination of real and virtual worlds. The ever-increasing computer power coupled with 5G’s ability to transfer large amounts of data very quickly will give…

Rise of the robots

Rise of the robots

New technologies for financial planning – Robots Rise of the robots Robots are seemingly intelligent machines that perform tasks autonomously. Robots have been around since the 1950s and have grown steadily more competent and robust. Leveraging off ever-increasing computer-power, artificial intelligence, big data and the “internet of things”. Robots today can run, jump, deliver goods,…

Cloud computing

Cloud computing

¬† New technologies for financial planning – Cloud computing What is cloud computing? “The Cloud” is a collection¬† of servers, networks, storage facilities, development tools, and applications (apps) delivered through the internet. Businesses can access these “cloud” services saving them the cost of servers, engineers, programmers and related staff. The Cloud can store and make…

Trading in the 4th Industrial Revolution

Trading in the 4th Industrial Revolution

The stock market in the “4th Industrial Revolution” Automated Trading An automated trading system allows specific rules to trigger trades automatically. An investor tells the platform when to buy and when to sell. Around 80% of shares traded on U.S. stock exchanges come from automatic trading systems. This means the system has to be robust…