"I will create an investor-centered asset management platform"... Koscom and Hanguk Geumyung Solution join hands

Koscom Applies MyData to 'Pandora' Platform

Kim Seong-hwan, Head of Digital Business Division at Koscom (right), and Jo Young-min, CEO of Korea Financial Solutions, are taking a commemorative photo after signing a business agreement on the 29th at Koscom headquarters in Yeouido, Yeongdeungpo-gu, Seoul.

[Asia Economy Reporter Minwoo Lee] Koscom has decided to collaborate with Hanguk Financial Solution to create an investor-centered asset management platform.

On the 29th, Koscom announced that it signed a business agreement with Hanguk Financial Solution to link its integrated advisory platform 'Fundora' with Hanguk Financial Solution's 'MyData (personal credit information management) service.'

'Fundora' is a platform that connects advisory firms, securities companies, and investors remotely to provide advisory services. Investors can open accounts and subscribe to portfolios through a mobile application (app). Through non-face-to-face advisory services, they can also purchase funds and exchange-traded funds (ETFs). Investment advisory firms can use 'Fundora' not only for integrated customer management but also for back-office operations.

Since being designated as a MyData operator in January, Hanguk Financial Solution has been developing services and creating content in preparation for the full implementation of MyData.

The two companies plan to link Fundora with Hanguk Financial Solution's 'MyData service' to build a platform that offers various consumer-centered financial services such as personal asset diagnosis, investment product information, online advisory, and loans.

Kim Seonghwan, Head of Digital Business Division at Koscom, stated, "By providing a transparent and highly professional asset management platform based on data, we will contribute to changing investor perceptions and fostering mutual growth in the financial investment industry."

Jo Youngmin, CEO of Hanguk Financial Solution, said, "We expect that our existing loan-centered 'PinsetN' will expand into investment services by integrating the services and data of both companies," adding, "By joining forces, we will be able to present a MyData-based asset management platform representing the capital market."