FIN383: Financial Technologies and Innovations |
Question 1
Discuss and explain the factors that contribute to the meteoric rise of FinTech companies. Make good use of examples, statistics, and events to augment and develop your discussion.
Question 2
In 2018, the CEO of DBS Piyush Gupta said, At DBS, we act less like a bank and more like a tech company1 and this sufficiently reflects how banks have changed the way they view and use technology. Discuss and explain how banks have changed the way they deploy technology in their banking business. Make good use of examples, statistics, and events to augment and develop your discussion.
Question 3
In your GBA, we have examined how to construct a 3-stocks portfolio to meet the target return of a client. In this question, we will continue to automate and simplify the inputs to the roboadvisor so that it can be used by the client directly, without a human advisor.
Given the financial aspirations of the client, your robo-advisor must be able to advise the client on:
- The required monthly return and,
- The portfolio that is to be created in order to achieve her financial goal.
Make use of Python to report the monthly return that is required to fulfill the target_wealth of the client in invt_period years. The client will deposit monthly_invt every month with the roboadvisor to acquire the recommended portfolio.
(a) Based on the required return, the Robo-advisor will solve and recommend a portfolio of three (3) stocks. Report the names and allocation of stocks to an accuracy of two decimal points (e.g. an allocation of [0.25, 0.49, 0.26])