The recent bankruptcy of Credit Suisse has highlighted the need for financial advisors to stay informed and prepared for potential financial crises. In times of uncertainty, innovation and AI can be valuable tools for helping advisors navigate complex situations and avoid similar crises in the future. This article explores how financial advisors can use innovation and AI to manage risk, identify opportunities, and communicate effectively with their clients in the aftermath of Credit Suisse’s crisis.

The current COVID-19 situation has made a huge impact on the world economy, and due to the partial/complete lock on various countries, it is one of the toughest times for all travel businesses. From Airlines to Hotels to Cruise operators, to travel business agencies to inbound/outbound tour operators, every business is disrupted. No need to say why? you know the public health concern spirals and advisory issues are encouraging people (indirectly forcing) not to travel.