Shinhan I-TAS Acquires Two Additional Patents Related to Fund Compliance View original image

[Asia Economy Reporter Minji Lee] Shinhan iTAS announced on the 29th that it has acquired two additional patents related to fund compliance. With this, Shinhan iTAS now holds a total of 14 patents.


Shinhan iTAS's 13th and 14th patents are titled "Method and device for managing compliance of an actual fund using a virtual fund (Application No. 10-2020-0096110)" and "Method and device for inspecting compliance related to unfair trading of securities (Application No. 10-2020-0126381)," respectively.


The 13th patent, "Method and device for managing compliance of an actual fund using a virtual fund," allows the creation of a virtual fund the day before the actual fund's new establishment date, enabling pre-registration of compliance inspection items. On the morning of the actual fund's new establishment date, simply duplicating the pre-registered inspection items of the virtual fund allows immediate order placement, enabling rapid ordering at the desired time.


The 14th patent, "Method and device for inspecting compliance related to unfair trading of securities," estimates the trading volume during the call auction period by subtracting the trading volume up to 15:20 from the trading volume at 15:40 when real-time confirmation of trading volume during the call auction period is not possible, allowing more accurate compliance inspection.


Kim Chang-su, Executive Director and Head of the DT New Business Promotion Division responsible for Shinhan iTAS's patents, stated, "The importance of fund compliance has been emphasized recently due to major financial incidents such as the Lime and Optimus cases. Shinhan iTAS's unique fund compliance technology, including the recently developed ai CAMS, an operational support system related to internal controls for financial investment businesses, will greatly contribute to preventing financial accidents in the capital market."



Shinhan iTAS also mentioned that along with the 14 domestic patents, there will soon be good news regarding 14 overseas patents for market expansion in countries such as Vietnam and Indonesia.


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

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