IBK Industrial Bank launches 'iOne Asset Management' service based on MyData

[Asia Economy Reporter Sunmi Park]IBK Industrial Bank announced on the 1st that it will launch ‘i-ONE Asset Management,’ a personal asset management service based on MyData.

‘i-ONE Asset Management’ is a personal asset management service within i-ONE Bank that collects and analyzes scattered personal credit information from banks, insurance, securities, and cards into one place. It is available to individuals aged 19 and older and consists of three functions: ▲personalized asset management, ▲specialized services for small and medium-sized workers, and ▲lifestyle finance services.

In personalized asset management, it provides MY Assets, MY Expenditure, and MY Report through MyData analysis across all financial sectors. Based on the analyzed data, it analyzes held funds and investment tendencies to recommend a portfolio composed of savings deposits and funds. It also offers the ‘No-Spend Challenge,’ a frugal saving service targeting the MZ generation.

Specialized services for small and medium-sized enterprise workers include credit management and career management services. Through a partnership with KCB, users can check their credit scores and manage them by submitting income data, and through ‘i-ONE Job,’ they can obtain all their career information, salary comparisons, and customized job information.

Lifestyle finance services include real estate services and government subsidy guidance services. Through a partnership with Real Estate 114, it provides nationwide real estate price inquiries and subscription consulting. By entering information such as residence area, occupation, monthly income, and household members, users can immediately check government and local government subsidies they are eligible for. The government subsidy guidance service is scheduled to be implemented early next year when public MyData opens.

To commemorate the launch of the ‘i-ONE Asset Management’ service, IBK Industrial Bank is also holding an event. The event period is until January 28, and among customers who register their MyData with ‘i-ONE Asset Management,’ 15,200 people will be immediately selected by lottery to receive 28 prizes including espresso machines and beam projectors. Additionally, among customers who register their MyData with ‘i-ONE Asset Management’ and use the asset management service or subscribe to products, a lottery will be held to provide Starbucks coffee, chicken sets, cash cashback, and more.

Yoon Jong-won, President of IBK Industrial Bank, said, “The MyData business will be a game changer that shakes up the competitive landscape of the financial industry,” and added, “Starting with ‘i-ONE Asset Management,’ we will shift the IBK financial support paradigm to be data-driven.”