Financial Data Exchange Revamps Website... "Accelerating Data Distribution Activation"

[Asia Economy Reporter Kim Hyo-jin] The Financial Data Exchange (FinDX) has revamped its website to significantly enhance user convenience for data traders.

The Financial Security Institute announced that it has extensively redesigned the Financial Data Exchange website to greatly improve user convenience and will provide the service starting from the 21st.

Accordingly, a search term recommendation feature has been introduced to help data demanders easily obtain the data they need, and the UX has been improved to allow users to grasp various information about products at a glance. The customized data trading process, which allows demanders to request data not available on the exchange from supply companies and trade it, has been simplified to enable demanders to quickly secure the necessary data.

A dedicated site has been provided for each data supply company to manage their data products comprehensively, improving the ability for data suppliers to check product registration, transaction status, and data purchase request negotiations at a glance.

The Financial Security Institute plans to offer an AI-based product recommendation feature starting in February next year and significantly enhance service convenience by linking data combination and distribution.

By learning about demanders’ areas of interest and purchase history through AI technology, the data product recommendation service will be provided to improve users’ accessibility to and utilization of data, while also strengthening the linkage between data combination and distribution.

Kim Young-gi, President of the Financial Security Institute, stated, “The utilization of data is the key to turning the economic crisis faced due to the COVID-19 pandemic into an opportunity,” and added, “Through operating the Financial Data Exchange, the Financial Security Institute will actively strive to successfully establish the data distribution market so that data can become a catalyst for creating added value and provide momentum for revitalizing the data economy.”

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