"Which Stocks Benefit from the Heatwave?"... ShinYoung Securities Launches Robo-Analyst

Planned Advancement Including Utilization of Overseas Financial Data

[Asia Economy Reporter Minwoo Lee] Shin Young Securities is launching a robo-analyst service that provides various investment information using artificial intelligence (AI) and big data.

Shin Young Securities announced on the 26th that it has started this robo-analyst service after 10 months of research and development since June last year in collaboration with Koscom, a subsidiary of the Korea Exchange.

This service provides investment information by utilizing AI and big data. It goes beyond simple chatbot-level Q&A or standardized analytical reports by analyzing correlations among over 4,500 macroeconomic, industry, and stock indicators. For example, it provides results based on 20 years of learning data for questions such as "stocks that benefit greatly from heat waves." Research center analysts can reduce information search time, and branch PBs can offer customers investment information based on data more than before regarding financial issues.

In the future, Shin Young Securities and Koscom plan to advance the robo-analyst AI analysis. In particular, they intend to expand overseas financial data and further develop analyses using disclosures, investor relations (IR) materials, and articles to deeply analyze the correlations between stocks, financial events, and financial indicators.

Hwang Seong-yeop, CEO of Shin Young Securities, said, "The robo-analyst service marks the beginning of achieving results in work innovation using cutting-edge technology," adding, "We will continue to provide differentiated services based on digital technology."