KB Securities Obtains MyData Full License... Accelerates Digital Asset Management
Dedicated App Also Scheduled for Release Next Year
[Asia Economy Reporter Minwoo Lee] KB Securities has obtained the official license for MyData (Personal Credit Information Management Business) from the Financial Services Commission. It is expected to accelerate its digital asset management business in earnest.
KB Securities announced on the 15th that it had acquired this license from the Financial Services Commission.
The MyData business in the financial sector is a service that collects an individual's scattered financial information from financial companies or public institutions at once and provides it so that financial consumers can view it at a glance. Through this, financial companies such as securities firms can offer customized asset management services. They can provide hyper-personalized services such as investment advisory and discretionary investment remotely, enhancing competitiveness in asset management services. Customers will be able to receive financial advice that comprehensively considers their individual financial status, including investment situations conducted by each financial company.
KB Securities' MyData service is expected to be available early next year on the mobile trading system (MTS) app called 'Marvel.' Additionally, a separate dedicated MyData app will also be launched.
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Jang Seungho, Head of Digital Innovation Division at KB Securities, said, "In addition to integrated financial asset inquiry, KB Securities is preparing various MyData analysis contents related to investment, such as portfolio diagnosis and expert picks. Through MyData services specialized in investment, we will do our best to establish KB Securities as a key player in the digital asset management market by broadly partnering with various external businesses."
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