Hanwha Investment & Securities Launches 'Hanwha AI Algorithm Lab'

[Asia Economy Reporter Minji Lee] Hanwha Investment & Securities announced on the 6th that it has launched the 'Hanwha AI Algorithm Lab' applying robo-advisors.

A robo-advisor is an artificial intelligence program based on algorithms and big data analysis that provides investment items, timing, and proportions necessary for asset management.

The 'Hanwha AI Algorithm Lab' constructs portfolios based on Quant Investment Advisory's multi-factor model (Q-Engine), which combines quant (quantitative analysis) and AI (artificial intelligence), and actively manages them through a risk management system (Q-Crisis) that monitors market conditions 24 hours a day. Quant Investment Advisory passed the final stage with excellent results in the robo-advisor testbed conducted by Koscom.

Song Yohan, Executive Director of Product Strategy at Hanwha Investment & Securities, said, "In the current situation where market volatility is increasing due to COVID-19 and the Ukraine crisis, the 'Hanwha AI Algorithm Lab' utilizing robo-advisors is worth paying attention to," and added, "We will continue to do our best to provide various investment products that satisfy customer demand." The minimum subscription amount for this service is 30 million KRW.

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