Inswave Secures Consecutive Major Financial Contracts... "Performance Growth Expected"

Inswave's next-generation solution, based on artificial intelligence (AI) agents, is rapidly spreading across the financial sector.

On November 7, Inswave announced that it has signed a total of 22 supply contracts through the third quarter of this year, including consecutive agreements with major financial institutions such as Hana Bank, Woori Card, and NH Nonghyup Bank. This achievement is nearly equivalent to the company’s total annual performance last year.

Last month, Inswave secured the next-generation core banking system renewal project for NH Nonghyup Bank, further solidifying its market-leading position amid the web standard and AI innovation trend sweeping the financial sector. The company explained that, leveraging this project, it will continue to expand its acquisition of large-scale projects from major financial institutions, thereby strengthening its growth momentum.

Additionally, Inswave recently formalized a partnership by signing a memorandum of understanding (MOU) with Shinhan DS, the IT subsidiary of Shinhan Financial Group, and is working to deploy optimized solutions across all Shinhan Financial Group affiliates.

Inswave’s next-generation solution is based on the latest HTML5 web standard technology, offering outstanding versatility and system compatibility. It features AI-augmented generation capabilities utilizing large language models (LLMs), ensuring both development productivity and maintenance efficiency. Financial institutions with diverse system requirements and complex work environments have praised it as an “optimized digital transformation solution.”

An Inswave representative stated, “As we continue to successfully deliver large-scale projects for major financial institutions, trust and satisfaction in our solutions are increasing. Given that contract awards are typically concentrated in the second half of the year due to industry characteristics, we expect significant annual growth in our performance.”

He added, “Going forward, we will continue to provide optimal solutions tailored to our clients’ needs, based on differentiated technological capabilities, especially as sovereign AI becomes increasingly important. Inswave will further solidify its position as a core AI partner in the financial industry.”

This content was produced with the assistance of AI translation services.