Duzon Bizon and Shinhan Bank Launch 'Financial Forecasting Consulting Service'

[Asia Economy Reporter Jang Hyowon] Duzon Bizon (CEO Kim Yongwoo) and Shinhan Bank (President Jin Okdong) announced on the 10th that they will launch a corporate finance BaaS (Banking as a Service) called the 'Financial Forecast Consulting Service.'

This service provides financial consulting by predicting the credit rating and future financial status of corporate clients based on corporate management data accumulated by Duzon Bizon and financial expertise held by Shinhan Bank. It is a web-based service that can be used in Duzon Bizon's 'Amaranth10' and 'iCUBE,' among others.

This service is the third collaboration case introduced after Shinhan Bank became a strategic investor in Duzon Bizon last year. It diagnoses and analyzes past and current financial conditions such as company overview, financial information, and major transaction status based on ERP (Enterprise Resource Planning) real-time data. Corporate clients can receive reports visualizing forecasted financial statements and credit ratings through this service.

Clients can receive estimated balance sheets and income statements based on financial data from the past three years, making it easier to predict future financial conditions. Furthermore, the service offers policy fund recommendations and, if necessary, in-depth consultations through matching with Shinhan Bank's RM (Relationship Manager, corporate finance expert).

Duzon Bizon is holding an event to commemorate the service launch. Customers who check their company financial reports on Amaranth10 or iCUBE will be entered into a draw to receive prizes.

Ji Yonggu, head of Duzon Bizon's Solution Business Division, said, "To help companies respond to various environmental changes, we have enhanced the completeness of the service by not only limiting it to analysis and forecasting but also providing solutions."