The exponential increase in data as well as the willingness of people to share information has led to a rich set of data that peers can compare themselves to. In addition, there is an abundant set of technologies that allow data to be anonymised while being aggregated. The earliest versions of this were comparison of interest rates offered by banks.
However, this has evolved and it's now possible to compare your investment portfolio to others of a similar profile. The continued transparency in costs and benefits has led to a transfer of power to the consumer. However, the glut of information needs to be organised in a user friendly manner which is where the fintech industry has stepped in using efficient algorithms and cloud computing.
Here are some solutions from the Matchi platform that use comparison engines:
Online investing network to compare and construct own investment portfolios
Fintech Themes: Tech-Wealth
B2B marketplace infrastructure with built-in geolocation and add-on CRM module
Fintech Themes: Customer Service