CISI Technology In Investment Management Practice Questions - CISI Technology In Investment Management (IOC Unit) Exam

A robo adviser is best described as a participant that:

Operates a regulated investment exchange that matches buy and sell orders Provides automated, algorithm-based investment advice and portfolio management with limited human intervention Acts as a central counterparty that novates trades between members Maintains the official record of legal ownership of dematerialised securities

Correct Answer:

Provides automated, algorithm-based investment advice and portfolio management with limited human intervention

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