Post on 08-Jan-2017
© 2016 IBM Corporation
The Three Essential E’s of a Robo-Advisor
Bharat Bhushan
Industry Technical Leader, Banking and Financial Markets
bharat.bhushan@uk.ibm.com _bharat_ fintechie.co.uk
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The Happiness Chart
6.60
6.80
7.00
7.20
7.40
7.60
7.80
8.00
16 - 19 20 - 24 25 - 29 30 - 34 35 - 39 40 - 44 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 - 74 75 - 79 80 - 84 85 - 90 90 andover
Source: http://www.neighbourhood.statistics.gov.uk/HTMLDocs/dvc146/wrapper.html
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6.60
6.80
7.00
7.20
7.40
7.60
7.80
8.00
16 - 19 20 - 24 25 - 29 30 - 34 35 - 39 40 - 44 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 - 74 75 - 79 80 - 84 85 - 90 90 andover
The Happiness Chart Vs. Individual Wealth
Source: http://www.neighbourhood.statistics.gov.uk/HTMLDocs/dvc146/wrapper.html
Wealth phases
Happiness
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Disruption with Digital
Access to all Investor Segments
A significant number of ‘underserved’ clients can now
access investment management services that were only
available to the rich.
Affordable and Transparent
A clear and ‘all inclusive’ tiered cost structure; customers
know exactly how much they will be paying for.
Digital Innovation
Design thinking techniques to develop world-class
systems of engagement; agile devOps; automating
and standardising business processes.
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Investment Scenarios and Advice
Customer Acquisition and Retention
Level of Human Contact
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Tools Available
Virtual RealityAugmented RealityScenario Modelling Cognitive Platforms
Emotional Intelligence Interactive Systems FinTechBig Data and Analytics
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Periodic Table of Capabilities
Dialog Services
NPL Services
Relationship
Extraction
Services
Semantic Expansion
Services
Ingestion Services
Question Interceptor
Services
FactoidServices
PassageServices
DocumentServices
DefinitionServices
Entity Based
Services
Out of Bounds
Services
ProceduralServices
Answer Assembler
Services
Visualization
Services
Image Analytics
Video Services
Speech to Text
Services
Text to Speech
Services
Visualization
recommenda
tion services
Training Services
Smart Metadata
Services
Search Services
Spell Services
Type Ahead Services
Auto Complete
Services
Summarizations
Services
Machine Translation
Services
Language Identificatio
n Services
Concept Expansion
Services
Graph Services
Concept Maps
Services
Message Resonance
Services
PersonalityInsight
Services
Social Resonance
Services
Personalization
Services
Entity Compilation
Services
Text Analytics
Services
Concept Analytics
Services
Precision Analytics
Services
Interceptor Services
Deep Parser
Services
Ranking Services
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APIs you can use
Natural Language Processing
Machine Learning
Question Analysis
Feature Engineering
Ontology Analysis
5
Question and
AnswerDirect responses to
users inquiries fueled by primary document
sources
Relationship
ExtractionIntelligently finds
relationships between
sentences components (nouns, verbs,
subjects, objects)
DialogEnable applications to use natural language
to respond and interact
with users
Alchemy
LanguageAnalyze text to
understand sentiment, keywords,
entities, high-level concepts and more
Personality
InsightsUnderstand and
engage users on their own term based on
their personalities and values
Concept InsightsLocate relevant
documents that may not directly mention
your query
Concept
ExpansionMaps euphemisms or
colloquial terms to
more commonly understood phrases
Language
TranslationIdentify language text
and dynamically
translate to another for specific domains
Tone AnalyzerUnderstand emotional, social and writing cues
from input text with suggestions for improvement
Document
ConversionConvert documents to HTML, Plain Text, List
of Answer Units
needed by Watson Services
Natural Language
ClassifierEasily create machine
learning, natural language interfaces
Retrieve and RankCombine search and
machine learning
algorithms to enhance information retrieval
Alchemy VisionIntegrate image
cognition to understand a
picture’s content and context
Visual InsightsEnhance customer
view through insights
extracted from analysis of online
photos and videos
AlchemyData
NewsIntegrate image
cognition to understand a picture’s
content and context
Tradeoff
Analytics
Make better choices under multiple
conflicting goals with smart visualizations
& recommendations
Visual
Recognition Analyzes the visual
appearance of images or video
frames to understand what is happening
Speech to Text Provides highly
accurate, low latency speech recognition
capabilities
Text to Speech
Synthesizes
natural-sounding
speech f rom text
Author ExtractionKeyword Extraction
Feed Detection
TaxonomyFace Detection
Answer GenerationQ&A Qualification
Knowledge GraphRisk Stratification
Policy Identification
Knowledge CanvasFusion Q&A
Emotion AnalysisCase Evaluation
Entity ExtractionLanguage DetectionImage Link Extraction
Text ExtractionStatistical Dialog
Concept Tagging
Sentiment AnalysisImage Tagging
Answer Generation
Knowledge StudioVideo Augmentation
Usage Insights
Factoid PipelineDecision Support
Decision Optimization
Criteria ClassificationKnowledge Canvas
Easy Adaptation
Language
Speech
Vision
Data Insights
Coming soon
The Watson that competed
on Jeopardy! in 2011
comprised what is now a
single API - Q&A - built on
five underlying
technologies.
Since then, Watson has
grown to a family of 28
APIs.
By the end of 2016, there will
be nearly 50 Watson APIs -
with more added every year
https://ibm.biz/BdHDyT
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Effects on Investors
Many more “Aha” Moments
Share data
Trust
Investments£
Personal experience
Educated Engaged Enlightened
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Effects on Your Business
Scale, Growth and Profitability
Visibility and Insight
Best Actions
New offerings, Products and Partnerships
Richer Datasets
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https://ibm.biz/BdHCGz https://cognitoys.com
IBM World of Watson YouTube