SK Inc. C&C is partnering with a leading domestic fintech solution company to create a 'KOSPI Stock-Specialized Artificial Intelligence (AI) Investment Strategy Service.'
On the 4th, SK Inc. C&C announced that it signed a Memorandum of Understanding (MOU) with fintech solution company Quantit regarding the "MarketCaster AIST (AI Stock Trading) Live Test and Service Platform Operation."
MarketCaster AIST is an AI investment strategy platform that selects and manages optimal investment stocks targeting KOSPI stocks through finance-specialized AI modeling. It analyzes price data and financial statement data of KOSPI stocks to predict profitability one month ahead and supports the establishment of optimal investment strategies.
Under this agreement, SK Inc. C&C will implement AIST into the AI financial investment comprehensive platform "MarketCaster," which has been developed and serviced since 2019. MarketCaster is an AI financial investment platform service that provides three services based on AI Advisor, AI Trading, and AIST: ▲ETF investment in stocks, bonds, and alternative assets ▲individual stock investment ▲investment execution efficiency.
'AI Advisor' is a solution specialized in managing ETF advisory portfolio (EMP) products. It provides optimal investment weight information for EMP products composed of stocks, bonds, and alternative asset ETFs held and invested by financial companies, and has demonstrated high investment performance in internal investment verification within financial institutions. 'AI Trading' provides optimal trading timing information to enable buying at prices lower than the intraday volume-weighted average price (VWAP) and selling at higher prices for investment stocks.
According to this agreement, both parties will proceed with verification for the development and commercialization of the actual 'AI Investment Strategy Service' based on MarketCaster's new investment solution AIST. SK Inc. C&C plans to continue introducing AI financial investment services based on MarketCaster in collaboration with various domestic financial institutions.
Kang Woo-jin, Head of Digital Division at SK Inc. C&C, said, "MarketCaster is the optimal AI financial investment platform that supports stable investment product management and achievement of investment profitability in a complex investment environment," adding, "We will continue to develop various finance-specialized AI platforms and services and establish ourselves as a reliable digital ITS partner for domestic financial and capital market customers."
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