Creating core values for customers

• In light of the convergence between Finance and ICT in the 4th industrial revolution, building up platforms where various market participants can be connected and communicate will lead to Capital market IT ecosystem where Koscom becomes a platform business enterprise.

Exploring growth engine business opportunities

• Reforming existing obsolete services and trying various new platform services enables converting to Koscom's open platforms where market participants can receive the best services for new growth engine business.

MyData relay agency

• Overview
  • Financial companies need to build an infrastructure to directly transmit customers’ personal credit information to My Data providers, but it can be transmitted through an intermediary in consideration of the size of the financial company and the frequency of commercial transactions such as financial transactions.
  • Information providers such as online shopping malls with many users and easy payment Big Tech can use the relay platform to focus their resources on their main business and reduce costs such as distribution costs.

• Main service
  • The only data relay agency to provide cloud-based services
  • Plans to commercialize the platform not only for the financial industry but also for all industries such as medical and distribution by commercializing the MyData relay platform.
  • The services to be commercialized include 1) MyData distribution structure and API/certification standardization consulting, 2) Cloud-based MyData transmission and relay platform establishment, 3) Data collection, analysis, and utilization platform services, etc.

BaaS platform service

• Overview
  • BaaS business support by leveraging relay agency infrastructure and API business experience
  • A platform business that enables financial investment companies to partner with external companies to expand financial services through services that bundle related APIs and perform specific functions beyond simple API provision (intermediation) with low added value.
• Main Contents
  • Market price service for startups (in service)
  • By utilizing BaaS that bundles account opening, balance inquiry, and financial product trading functions of financial investment companies with API, order and account inquiry API service between securities companies and investment advisory companies, and API between securities companies and banks or securities companies and electronic financial companies or fintech companies. Service provision (to be provided in the future)
  • My Data-based robo-advisor service is developed as a BaaS so that financial product orders can be ordered through financial investment companies, supporting customer expansion and service diversification of small and medium-sized financial companies (to be provided in the future)
• Contacts
  • Mydata relay agency Portal : k-mydata.org
  • Koscom My Data Platform Center Department(02-767-7913)

Overview

• Providing the new services by searching contents related to the capital market based on Big data & AI analysis.
  • Big-Data & AI(Artificial Intelligence) : The technology analyzes a large amount of structured or unstructured data sets beyond the data collection, storage, management and analysis of existing databases and the result from the data sets by machine-learning or deep learning technology based on artificial intelligence, thus creating new values and new meanings which were not defined before.

Main features

• Developing and operating a market sentiment analysis model that combines stock price data and social data.
  • Business contracts for providing services with Newsis(Jul, 2017), Yuanta Securities(Jul, 2017)
• Contributing to vitalize capital market by developing various contents with multi-angled analysis on financial structured & unstructured data.
• Creating market sentiment index on domestic major listing companies by analyzing the unstructured SMD(Social Media Data)

Collaborating with external organization in order to create data fusion contents from different industries.

Promoting to create and collect ideas on big-data from inside and outside of the company.

Operating related communities for improving analysis technology, promoting exchange of ideas and developing contents regarding on big-data technology in capital market.

Operating training courses for nurturing data scientist on big-data in capital market.

Going forward to be a 'big-data center for capital market' for analyzing big-data of financial investment industry.

• Designated as 'specialized Big-data center' by National Information Society Agency(NIA) under the Korea Ministry of Science and ICT(MSIT) (Apr, 2018)

Proceeding to establish the big-data & AI platform specialized in capital market.

Creating big-data killer contents

• Analyzing correlations between disclosure event and market price : By comparing market prices in before and after the disclosure event, analyzing the correlation between them, finally judging significance when disclosure event takes place.
• CAdvancement in pair-trading investment method : Analyzing overall market price volatility and stability makes possible to come up with various investment strategies based on the correlation.
• Analyzing response to breach and effectively operating the firewall : Big-data technology could contribute to improve in-advance blocking on intrusion or access from outside of PC, server, security equipments and to increase the firewall processing speed through log analysis.
• Fraud Detection System(FDS) : The system could provide proactive response to abnormal trading signal which was not detected by the previous system.

Development plan

• Analyzing the report based on robot-journalism.
• Creating big-data ecosystem by establishing big-data&AI platform specialized in capital market.
• Creating synergy effect through data fusion and promoting the collaboration with other industries such as medical, distribution, credit rating, etc. in order to find the business insight.
• Pursuing continuously to expand the business area to financial, public, abroad market based on big-data contents service business in capital market.
• Increasing use case of big-data in company by internalization of data analysis.