· Gartner recognizes ArthaYantra.com for Digital Innovation in Financial Technology industry
· Gartner’s recognition places ArthaYantra uniquely across the world with its Artificial intelligence (AI) and Machine Learning based Full Services Robo Advisory
Chandigarh, May 9, 2016: Gartner Inc., one of the most respected and valued consulting and research firm across the world, selected world’s only full-service Robo Advisor, ArthaYantra as Cool Vendor India for the year 2016 for Digital Innovation in Artificial Intelligence (AI) and Machine Learning. Every Year Gartner selects firms across the world which innovates in 5 different areas including technology, use of technology, business model, transformative nature and newness. Companies are considered basis innovation or transformation for products, services or initiatives.
Quote from the Gartner report:
“Why Cool: ArthaYantra
is India's first company to introduce algorithm-based Robo Advisor (a
class of financial advisor) services. ArthaYantra aspires to cover all
major aspects of personal financial needs with its offering, compared
with other wealth investment service providers that focus on only a
particular area of finance, such as security investments or real estate
purchases.”
“Who Should Care:
Enterprises in various industry verticals, including government
organizations, should both take some lessons from ArthaYantra and
potentially partner with it to develop and embrace an algorithm-based
digital business. An algorithm-based business model is useful not only
to build an analytics-based approach to exploit new business and
operational opportunities, but also to potentially bring real value in
scaling to meet India's huge product and service requirements.
ArthaYantra has already successfully applied this approach to its
financial services and has shown that it can be used in other verticals
as well, such as government.”
“The
recognition from Gartner is an endorsement to the fact that we can
deliver best in class financial advice to everyone using cutting edge
technology. It reaffirms our belief that we are uniquely placed across
the world, with our AI and machine learning based Full Service Robo
Advisory to service the ever growing market in India and across the
world,” said Mr. Nitin Vyakarnam, Founder and CEO, ArthaYantra.
ArthaYantra uses
proprietary frameworks using artificial intelligence and machine
learning to deliver world class financial advice to individuals in
India. It currently has over 90,000 registered users from 650 cities in
India and over 30 countries enabling them to fulfil over 4 lakh
financial goals through ArthaYantra.
About Gartner
Gartner
offers world-class, objective insight on virtually all areas of IT. It
provides a truly global (and local) perspective, with clients in more
than 90 countries around the world, with more than 1,100 expert analysts
cover 1,304 IT topicsGartner analysts are based in 26 countries and
speak 50 languages. www.gartner.com
About ArthaYantra
ArthaYantra is
world’s only full-service Robo-Advisory providing custom Wealth
Management Advice to over 90,000+ customers across 650+cities/towns in
India and 30 countries across the world, using Artificial Intelligence
and Machine Learning. ArthaYantra offers goal based financial advice accessible toall through their proprietary model, ARTHOS
that replaces the traditionalhuman financial advisor by connecting all
aspects ofan individual’s financial life. www.arthayantra.com