KB Kookmin Card Partners with 'Quanteq' to Strengthen Hyper-Personalized Asset Management Services

Gradual Implementation of Asset and Portfolio Recommendation Services

[Asia Economy Reporter Ki Ha-young] KB Kookmin Card is strengthening its hyper-personalized asset management services ahead of the full-scale launch of its MyData (personal credit information management) service.

On the 13th, KB Kookmin Card announced that it has formed a business partnership with robo-advisor fintech company 'Quantique' to provide specialized, customized personal asset management services based on digital technology.

Under this partnership, both companies will collaborate around KB Kookmin Card's MyData platform 'Liiv Mate' to ▲ develop MyData-based hyper-personalized asset management service business ▲ apply and utilize Quantique's independently developed AI-based asset management solution 'Q Engine' ▲ plan and develop other mutually cooperative new services.

In particular, by combining KB Kookmin Card's platform and big data capabilities with Q Engine, which has been recognized for its expertise by achieving excellent results in the robo-advisor testbed, they plan to offer hyper-personalized asset management services on Liiv Mate where customers can receive real-time optimal portfolio recommendations and conveniently manage their portfolios.

Starting with linking robo-advisor advisory investment services and launching various investment products applying Q Engine, the two companies will gradually introduce asset and portfolio recommendation services as well as new services based on asset and consumption data.

A KB Kookmin Card official said, "As the core competitiveness of future MyData services is expected to be whether hyper-personalized financial investment recommendation services are available, we will continue to collaborate with various partners."

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