Eugene Investment & Securities Builds AI-Based 'PB Platform' with Quantec

Service Launch Target for Q1 This Year

On the 8th, Eugene Investment & Securities and Quantec, an AI automated investment specialist company, announced that they have signed a contract to build a subscription-based investment service called the ‘Private Banker (PB) Platform’ based on an AI robo-advisor.

The ‘Quantec X Eugene Investment & Securities PB Platform’ to be launched through this contract is a hybrid asset management service that combines Eugene Investment & Securities’ PB customer management expertise with Quantec’s robo-advisor AI technology, Q-Engine.

When Eugene Investment & Securities PB analyzes a customer’s investment preferences and assets and recommends a discretionary contract using the ‘PB Platform,’ Quantec composes a customized portfolio through the platform and provides financial asset management services.

Both companies have started system development aiming to launch the service in the first quarter of this year. The platform will also be integrated into Eugene Investment & Securities’ Mobile Trading Service (MTS). Through this, customers will be able to use the service both face-to-face and non-face-to-face.

Quantec, which has applied the latest technology using generative AI such as ChatGPT, has been dedicated to advancing robo-advisor related services through continuous system development. Previously, it only provided stock diagnosis services for domestic stocks held by customers, but now it can diagnose more than 3,000 U.S. stock items as well.

Eugene Investment & Securities has also recognized the importance of customer sales activities using generative AI and has invested accordingly. In 2023, it introduced the ‘AI Analyst,’ a ChatGPT-based PB customer asset management support platform.

Investors should be aware that there is a possibility of principal loss when using financial services and that excessive fees may occur due to frequent trading.