[Photo provided by Hanwha Investment & Securities Co.]
South Korea’s Hanwha Investment & Securities Co. has invested 10 billion won ($8.96 million) to set up a subsidiary that specializes in big data analysis to bolster its digital finance capability.
Hanwha Investment & Securities on Tuesday held an opening ceremony of Data Analytics Lab, a big data analysis company it has invested 10 billion won to set up. The brokerage house has become the country’s first financial investment company to have a separate big data analysis unit.
Data Analytics will mainly provide big data analysis consulting service while upgrading non-face-to-face service channel through big data analysis as well as providing differentiated personalized content and investment information. The big data company will promote diverse research and projects to provide services to not only Hanwha Investment & Securities but also other financial firms.
Hanwha Investment & Securities plans to add more experts in data analysis and artificial intelligence sectors and create synergy with the new unit by promoting strategic partnerships, collaborating with startups, and boosting industry-academia ties.
An unnamed official from Hanwha Investment & Securities said that the company will strengthen competitiveness in the digital finance sector through Data Analytics Lab and hopes to provide customers differentiated digital experience and value.
By Cho Hee-young and Lee Eun-joo
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]