scholarly journals WEALTH MANAGEMENT THROUGH ROBO ADVISORY

2017 ◽  
Vol 5 (6) ◽  
pp. 33-43
Author(s):  
Ishmeet Singh ◽  
Navjot Kaur
Keyword(s):  
Artificial Intelligence ◽  
Quantitative Research ◽  
Secondary Data ◽  
Cost Effective ◽  
Human Beings ◽  
Good Decision ◽  
Wealth Management ◽  
Initial Stage ◽  
Investment Advice ◽  
The Cost

Use of artificial intelligence is changing the working styles of human beings in almost every sphere. From Travel, health, education, communication and other related fields, it has now entered wealth management. A number of wealth management firms have adopted the artificial intelligence based services to the clients so that they are able to get investment advice any time as per their convenience. These services are quickly accessible, cheaper, transparent and unbiased. Since the advisory services are being provided by the machines just like robots, they have been called “robo – advisors”. This study is focussed on evolution of robo advisory model, its needs and potential in wealth management. The information gathered for this paper is based on the secondary data collected from various newspapers, magazines, journals and reports. At present the use of robo – advisors is quite small but it does have a bright future. Though a bit expensive at the initial stage, they prove to be cost effective later as they save the cost of human advisors. It also offers good decision making since it is based on systematic and quantitative research. This paper tries to highlight the potential of robo advisors in wealth management and also discusses its present status and future prospects.

scholarly journals Pengaruh Biaya Modal dan Profitabilitas Terhadap Nilai Saham Bank BTPN Syariah Periode 2018-2020

Owner ◽  
2022 ◽  
Vol 6 (1) ◽  
pp. 298-307
Author(s):  
Siska Yuli Anita
Keyword(s):  
Quantitative Research ◽  
Cost Of Capital ◽  
Weighted Average ◽  
Secondary Data ◽  
Return On Equity ◽  
Stock Value ◽  
Negative Effect ◽  
The Cost ◽  
Corporate Profits ◽  
Stock Values

Operations and investments of Islamic banks certainly require capital as the foundation and start of the bank's business, so estimating the cost of capital required is an important process and good corporate profits will provide a good image for the company. This study aims to determine the effect of capital with the Weighted Average Cost Of Capital (WACC) method on stock values. The effect of profitability with the ratio of Return On Equity (ROE) on stock value. And the effect of the cost of capital and profitability on the value of the stock. This study uses a descriptive quantitative research method. By using secondary data in the form of monthly financial statements of Bank BTPN Syariah for the 2018-2020 period. All of these data are materials for estimating and calculating the cost of capital and profitability of Bank BTPN Syariah. The results showed that partially the cost of capital had a significant positive effect on the stock value, profitability had a significant negative effect on the stock value. Meanwhile, simultaneously the cost of capital and profitability affect the value of the stock.

Harga Pokok Produksi Dalam Menentukan Harga Jual Melalui Metode Cost Plus Pricing Dengan Pendekatan Full Costing

2017 ◽  
Vol 10 (1) ◽  
pp. 119-132
Author(s):  
Dian Purnama ◽  
Saiful Muchlis ◽  
Andi Wawo
Keyword(s):  
Quantitative Research ◽  
Secondary Data ◽  
Production Equipment ◽  
Production Costs ◽  
Primary Data ◽  
Selling Price ◽  
Setting Process ◽  
Cost Of Production ◽  
Quantitative Descriptive ◽  
The Cost

The purpose of this study is to determine the calculation of the cost of production and selling price setting process at PT. Istiqamah Prima Sejahtera. Calculating the cost of production for the full costing method and setting the selling price using a cost plus pricing. This type of research is quantitative research. Based on the characteristics of the issues raised by the researchers, the study is classified as a quantitative descriptive research. The data used in this study are primary data obtained directly from the company such as data from interviews with the company and the data contains information on the production costs of companies during the month of September 2016. As for the secondary data obtained from books, journals, internet or other media which supported this research. From the analysis of the data, the results showed that the company's calculation of the cost of production is lower than the production cost price calculation using a full costing method. Cost of production is calculated using a method that is equal Rp85.472 company and according to the full costing method that is equal to Rp85.962. This is because in the calculation of factory overhead cost companies do not take into account some costs into the cost of production as the cost of maintenance and maintenance of production equipment, and the cost of depreciation on a shredded fish product. In addition, setting the selling price of the company only to estimate the selling price calculations per kg of shredded fish with a mark-up rate of 40%, amounting to Rp120,000 to set the selling price on the packaging of 100 grams, 250 grams and 500 grams. While using the cost plus pricing method with a mark up of 40% lower than the selling price according to the company in the amount of USD 12 683. (100 grams), Rp 30,488 (250 grams), and USD 60 798 (500 grams). So, setting the selling price should be done precisely because the price is too high will make the product less competitive, while the sale price is too low will lead to losses for the company.

scholarly journals Epidemic Model of Algorithm-Enhanced Dedicated Virus through Networks

2018 ◽  
Vol 2018 ◽  
pp. 1-7
Author(s):  
Yi-Hong Du ◽  
Shi-Hua Liu
Keyword(s):  
Artificial Intelligence ◽  
Density Estimation ◽  
Kernel Density ◽  
Computer Users ◽  
Computer Algorithm ◽  
Seed Selection ◽  
Beijing City ◽  
Security Risks ◽  
Initial Stage ◽  
The Cost

Wi-Fi networks almost cover all active areas around us and, especially in some densely populated regions, Wi-Fi signals are strongly overlapped. The broad and overlapped coverage brings much convenience at the cost of great security risks. Conventionally, a worm virus can infect a router and then attack other routers within its signal coverage. Nowadays, artificial intelligence enables us to solve problems efficiently from available data via computer algorithm. In this paper, we endow the virus with some abilities and present a dedicated worm virus which can pick susceptible routers with kernel density estimation (KDE) algorithm as the attacking tasks automatically. This virus can also attack lower-encryption-level routers first and acquire fast-growing numbers of infected routers on the initial stage. We simulate an epidemic behavior in the collected spatial coordinate of routers in a typical area in Beijing City, where 56.0% routers are infected in 18 hours. This dramatical defeat benefits from the correct infection seed selection and a low-encryption-level priority. This work provides a framework for a computer-algorithm-enhanced virus exploration and gives some insights on offence and defence to both hackers and computer users.

scholarly journals The Influence of Promotion Costs and General Administrative to Cost of on PT. Jakarta International Hotels and Development.Tbk

JURNAL PUNDI ◽  
2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Febryandhie Ananda ◽  
Safrul Rahmadhan
Keyword(s):  
Financial Performance ◽  
Quantitative Research ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Positive Influence ◽  
T Test ◽  
Variable Cost ◽  
The Cost ◽  
Positive Effect

This research was conducted at PT. Jakarta International Hotels And Development.Tbk, which aims to determine the influence of promotion costs and the cost of administration against the price of staple inn. Using test tools Eviews 8, with secondary data from the years 2009-2018, quantitative research uses the data type of the time series. With the technique of multiple linear regression analysis, T test, and the test deteminasi (R2).The results of this study show that the Cost of Promotion significant positive effect on the financial performance of the Price of Staple Inn. So the hypothesis one in this study missed. It also happens in the variable Cost of Public Administration affect the financial performance of the Price of Staple Inn. So the hypothesis in this study positive significant. It can be seen from the results of t-Test showing the value prob is equal to 0.04 < alpha of 0.05. This means that the positive influence.

scholarly journals Using Machine Learning and Artificial Intelligence Principles to Implement a Wealth Management System

2021 ◽  
Vol 10 (5) ◽  
pp. 26-31
Author(s):  
Prarthana Mukherjee* ◽  
Prit Palan ◽  
M. V. Bonde
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Financial Literacy ◽  
Financial Services ◽  
Financial Decisions ◽  
Advisory Service ◽  
Wealth Management ◽  
Investment Advice ◽  
Learning Principles ◽  
New Generation

Studies have shown that new generation of millennials have limited to no knowledge about managing their finances. This lack of awareness has created a need for financial literacy which is not only an essential employ-ability skill but also, a paramount life skill. Not only the younger generation but many individuals already in the corporate field are at their wit’s end when it comes to planning their finances and making correct financial decisions. This is where awareness in wealth management comes in. Wealth management is an investment advisory service. It also combines financial services to address the needs of individuals. It is more than just investment advice; it encompasses all parts of a person's financial life. The users can find all the information of different investments rather than integrating all the information from different places. They can generate a plan themselves or with the help of artificial intelligence and machine learning principles, manage their own and their family's current and future needs.

Roadmap for Digitalized Asset Integrity Management System

2021 ◽  
Author(s):  
Asad Ali ◽  
Kevin Maley ◽  
Seonyeob Li ◽  
Ahmed Al Owaid ◽  
Abdulla Al Shehhi
Keyword(s):  
Artificial Intelligence ◽  
Best Practices ◽  
Management System ◽  
Cost Effective ◽  
Notification System ◽  
Integrity Management ◽  
Selection Decision ◽  
Time Required ◽  
The Cost ◽  
A Company

Abstract Asset integrity management system (AIMS) consisting of risk based inspection (RBI) and inspection management system (IMS) coupled with digitized equipment records and use of inspection tablets/mobiles will make paperless system for fast and timely decisions & actions. This paper provides a roadmap for implementation of an efficient and cost effective asset integrity management system that will increase the plant reliability & availability, decrease the time and efforts required for inspection, thus ultimately reducing the associated costs of operations. In this paper, the focus is towards digitalized AIMS that should make a company move to digital transformation and enabling it to adapt to industry 4.0 technologies such as artificial intelligence, augmented reality, data analytics, machine learning etc. First step is to perform a gap assessment of existing system to compare what is currently available within organization and what is required for going fully digital for AIM. Next step is to identify software features that are required for AIM digitalization and establish them as point based rating system which are used for rating best suitable software available in the market. Unique features for RBI module, inspection management module and field interface (tablet) module are identified with appropriate weightage to influence the software selection decision. Finally, an estimation of required resources, manpower timeline is provided that will guide in all phases of the implementation. Return on investment on such projects is manifolds. The digitalized AIM will greatly reduce the cost of day to to asset integrity management operations as it will no longer be needed to use multiple paper based reports and separate systems for RBI and IMS functions. Use of field tablet/mobile with possibility of artificial intelligence tools, will significantly reduce the time required for inspectors to do the on site inspection/testing & reporting. Interfacing of digitalized system with ERP/CMMS will automate the work order/notification system. Thus it will reduce an overall effort both in terms of time & money. The roadmap for digitalization of AIMS system will help any organization to make its AIMS digital and achieve the benefits of such system. The methodology provided is unique and can be adopted as best practices by the industry for digitally transforming the AIMS.

scholarly journals Cost of childhood diarrhoea in rural South Africa: exploring cost-effectiveness of universal zinc supplementation

2013 ◽  
Vol 17 (9) ◽  
pp. 2138-2145 ◽  
Author(s):  
Meera K Chhagan ◽  
Jan Van den Broeck ◽  
Kany-Kany Angelique Luabeya ◽  
Nontobeko Mpontshane ◽  
Michael L Bennish
Keyword(s):  
South Africa ◽  
Cost Effectiveness ◽  
Vitamin A ◽  
South African ◽  
Secondary Data ◽  
Cost Effective ◽  
Data Sources ◽  
Rural South ◽  
Secondary Data Sources ◽  
The Cost

AbstractObjectiveTo describe the cost of diarrhoeal illness in children aged 6–24 months in a rural South African community and to determine the threshold prevalence of stunting at which universal Zn plus vitamin A supplementation (VAZ) would be more cost-effective than vitamin A alone (VA) in preventing diarrhoea.DesignWe conducted a cost analysis using primary and secondary data sources. Using simulations we examined incremental costs of VAZ relative to VA while varying stunting prevalence.SettingData on efficacy and societal costs were largely from a South African trial. Secondary data were from local and international published sources.SubjectsThe trial included children aged 6–24 months. The secondary data sources were a South African health economics survey and the WHO-CHOICE (CHOosing Interventions that are Cost Effective) database.ResultsIn the trial, stunted children supplemented with VAZ had 2·04 episodes (95 % CI 1·37, 3·05) of diarrhoea per child-year compared with 3·92 episodes (95 % CI 3·02, 5·09) in the VA arm. Average cost of illness was $Int 7·80 per episode (10th, 90th centile: $Int 0·28, $Int 15·63), assuming a minimum standard of care (oral rehydration and 14 d of therapeutic Zn). In simulation scenarios universal VAZ had low incremental costs or became cost-saving relative to VA when the prevalence of stunting was close to 20 %. Incremental cost-effectiveness ratios were sensitive to the cost of intervention and coverage levels.ConclusionsThis simulation suggests that universal VAZ would be cost-effective at current levels of stunting in parts of South Africa. This requires further validation under actual programmatic conditions.

scholarly journals PHYSICIANS AND PRINCIPLE CENTERED DELIVERY OF HEALTH SERVICES

2003 ◽  
Vol 42 (145) ◽  
pp. 44-53
Author(s):  
Ramesh Kant Adhikari
Keyword(s):  
Medical Education ◽  
Cost Effectiveness ◽  
Health Services ◽  
Cost Effective ◽  
Human Beings ◽  
Medical Practices ◽  
Medical Practitioners ◽  
The People ◽  
Education Medical ◽  
The Cost

ABSTRACTHealth is the fundamental right of human beings and the constitution of Nepal also envisages that the statewill follow the policy of developing health of the people to improve their living standards. The nationalhealth policy and the evolution of health services in Nepal reveal that there have been attempts to reach allthe citizens with quality services. Health is defined and understood in different ways by different people.However, health of the population is determined by situation and services outside the purview of healthservices. The extent to which health services can influence health of the people is limited and there aregroups of people who advocate that the physicians be active outside the area of health services and medicalcare to promote health.Ideally the principles that guide the health services are equity, quality, relevance and cost- effectiveness,efficiency and compassion. The values of beneficence, non-malfeasance and autonomy also form thecornerstone of the health services. Review of the current health services in Nepal show that further effortsare needed for our health services to achieve those principles. The health services are yet to reach all thepopulation, there is a variation in the quality of services available at different places of the country. Thereis not much information on the cost-effectiveness of the services. A perusal of the health literature from thedeveloped countries recognize that medical harm is one of the important cause of illness but the similarstudies is lacking in our country. The issue of autonomy is still in infancy in Nepal. There is not muchevidence of efforts for quality assurance of the services available.A functional collaboration between medical education, health services and medical practitioners is expectedto achieve ideal values in the health services. There have been a number of international and nationalefforts to bring changes in medical education, medical practices and health care system to make the healthservices more equitable, relevant, and cost-effective and of high quality. The competences and attitudes thephysicians must have in order to provide principle-centered health services have been identified by a numberof studies. Similarly the ways to achieve those goals through better collaboration among the principalstakeholders as well as what physicians themselves can do with assistance from these stakeholders havebeen suggested.Key Words: medical education, medical practices, professional councils, health services,and principles of health services, equality and heath.

scholarly journals Using Secondary Health Data in Research

2021 ◽  
Vol 8 (1) ◽  
pp. 31-40
Author(s):  
Mohammed Al Omari
Keyword(s):  
Medical Research ◽  
Data Use ◽  
Secondary Data ◽  
Cost Effective ◽  
Legal Issues ◽  
Ethical Problems ◽  
Use Of Data ◽  
Ethical And Legal Issues ◽  
High Level ◽  
The Cost

The use of data in medical research that was originally collected for different purposes, known as secondary data, is an effective way to conduct reliable and cost-effective studies so as to progress knowledge in medicine. A number of serious practical, ethical and legal issues and concerns about this process exist, however. Ensuring a high level of data quality is imperative to produce reliable results, and researchers may face accessibility problems. Projects designed to alleviate these issues are underway, however, lowering the cost and increasing the access to secondary data even further. Although secondary data is de-identified to protect the confidentiality, ethical problems of individual rights versus the benefit of society persist, leading some to call for a new ‘macroethics’ surrounding data use. Legislation to this end has been introduced in many countries, but issues relating to the exemptions it offers and its interpretability remain. To ensure that the use of secondary data in medical research can continue to accelerate the pace of development in medicine, a global effort involving technological and ethical standardization needs to be developed.  

The IBM-PC in electron microscopy

1996 ◽  
Vol 54 ◽  
pp. 612-613
Author(s):  
James F. Mancuso
Keyword(s):  
Head Start ◽  
Image Acquisition ◽  
Cost Effective ◽  
Financial Applications ◽  
Number Of Factors ◽  
Instrument Control ◽  
The Cost ◽  
Training And Support ◽  
Control Image ◽  
Ibm Pc

IBM PC compatible computers are widely used in microscopy for applications ranging from control to image acquisition and analysis. The choice of IBM-PC based systems over competing computer platforms can be based on technical merit alone or on a number of factors relating to economics, availability of peripherals, management dictum, or simple personal preference.IBM-PC got a strong “head start” by first dominating clerical, document processing and financial applications. The use of these computers spilled into the laboratory where the DOS based IBM-PC replaced mini-computers. Compared to minicomputer, the PC provided a more for cost-effective platform for applications in numerical analysis, engineering and design, instrument control, image acquisition and image processing. In addition, the sitewide use of a common PC platform could reduce the cost of training and support services relative to cases where many different computer platforms were used. This could be especially true for the microscopists who must use computers in both the laboratory and the office.

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