Managing Wealth in a Landscape of Emotions and Irrationality

Humans, by nature, are not rational creatures, especially when money is involved. Regardless of how much we have, there are emotions associated with money that impact everyone. An abundance of product information has been forced onto consumers within the wealth management scene, and they are expected to make a rational decision. However, due to our […]

Metaheuristics Search for Financial Planning

Introduction As clients have unique demands and increasingly expect personalized financial advice, matching them with the right portfolio is not always easy. Join us on this walkthrough to uncover how Bambu’s ‘Health Check’ feature used alongside optimization models can help take this weight off your shoulders by simplifying this matching process.  Goal optimization is a […]

Hadoop Ecosystem for a Specific Big Data Problem

Utilizing big data has many benefits. These include reducing costs, improving productivity, and informing key decisions. Studies show that Fortune 1000 companies can gain more than $65 million additional net income when increasing their data accessibility by just 10%.  As the world becomes increasingly digitised, large companies see larger data pools and face growing problems […]

The Challenges of WealthTech Transformation

Even though many industries have embraced using digital platforms, we see that the wealth management industry is still hesitant to undergo a full digital transformation. Forbes has reported in a study that found that only 16% of US and Canadian banks make use of fully digitalised verification tools for their customers to open an account […]

Hybrid Models – one size fits all are the relics of the past

Robo-advisors are very much the new kids on the block in the realm of wealth management. CNB reports how analysts have predicted Robo-advisory to grow into a $1.2 trillion industry by 2024. With many eyes turned towards Robo-advisory, concerns have been raised about the dwindling role of human advisors. Historically, offering financial advice has been […]

Fintech in every aspect of our lives

Fintech, short for financial technology, has pervaded every aspect of our lives. This union between finance and technology has heavily altered the way banking and finance are being done, revolutionising the way we manage our transactions and assets. What is impressive is that this revolution has become woven so seamlessly into our lives that it […]

Accelerate Building Robo advisory with Wealth Management API

Who doesn’t want financial stability? A financial cushion that can serve them and be their back during rainy days? A retirement plan that can offer them the satisfaction of having a filled bank account when they are out of work? A surety that they will be able to pay the hospital bills in case of […]

A Deep Dive into our Software Engineering Team

Our engineering team is a group of passionate and talented individuals who work hard and play hard. What technologies do they use?  The main tech stack the team uses is JavaScript-driven, leveraging ReactJS in the front-end and NodeJS in the back-end. This allows for cross-functional capabilities and interoperability throughout the stack. Javascript is also well […]

The Practicalities of Predicting The Future

This post is part of an ongoing series of research updates by Bambu, a financial technology company I started in 2016. The theme of these posts is predicting the future. You can find part one here, sharing the results of a survey we ran about people’s attitude towards their future. So, you think I’m kidding […]

60 Million Users and Counting – An interview with Varun Sridhar from Paytm Money

We had the pleasure of sitting down with Varun Sridhar, CEO of Paytm Money, India’s largest online investment and wealth management platform. Varun is an expert in leading financial institutions to digital transformation through intrapreneurship. Prior to Paytm Money, he served as CEO of FinShell India, where he helped launch PaySa, a mobile fintech platform. […]