SK C&C Builds Data-Driven Management Information System for Korea Investment & Securities

Participation in Designing Digital Transformation Roadmap Including Development of AI Market Forecasting and Analysis Tools

[Asia Economy Reporter Jin-gyu Lee] SK C&C announced on the 28th that it has commenced the 'Management Information System (MIS) Construction Project' for Korea Investment & Securities.

This project was initiated to analyze market risk factors based on data due to the increase in proprietary capital investment by the securities firm, and to enhance the ability to manage real-time investment risk at the enterprise and departmental levels.

SK C&C will develop a comprehensive risk management system that integrates stocks, bonds, funds, futures options, over-the-counter derivatives, and foreign exchange products. It will implement a risk management mart and financial data hub that collect information such as daily evaluations, basic asset management, collateral management, and limit by rating, presenting risk amounts in real time. Changes in collateral information based on accounting data by trading day, as well as the calculation of liquidity ratios in KRW and foreign currencies, and the Net Capital Ratio (NCR) for business use will also be automatically calculated daily and monthly.

The accounting system will shift from the existing monthly voucher basis to a daily profit and loss management system suitable for crisis management. Overseas products will be processed with daily transaction profit and loss 24 hours faster than before, reducing risks caused by delays in overseas profit and loss recognition. The profit and loss calculation method, previously managed by representative departments, will be changed to profit and loss by occurrence department to enable quick response by each department in crisis situations.

A mobile-based management information system for rapid decision-making by executives will also be developed. It will allow immediate access to key accounting information as well as external institution data such as disclosures, funds, foreign exchange, and risk management data. External data including ledgers, Bloomberg, KIS Bond Evaluation, NICE Credit Information, and Korea Securities Depository corporate information will also be automatically generated.

SK C&C plans to participate in designing Korea Investment & Securities' digital transformation (DT) roadmap, including case-based data analysis and the development of machine learning and artificial intelligence (AI) market prediction analysis tools. Kang Woo-jin, head of SK C&C’s Financial Division 2, said, "We will provide various digital technology training specialized for the securities industry, including financial AI analysis, machine learning, and deep learning."

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