NH Investment & Securities to Host 2024 Big Data Competition

NH Investment & Securities announced on the 13th that it will hold the 2024 Big Data Competition titled "Discovering U.S. Exchange-Traded Funds (ETFs) with Artificial Intelligence (AI)."

The NH Investment & Securities Big Data Competition, which started in 2020, is now in its fifth year and is held to discover creative ideas and secure digital and AI talents early among domestic and international university (graduate) students. The competition is open to all undergraduate and graduate students both domestically and internationally, and applications can be submitted individually or in teams of up to three members by September 1. Participants can apply through the NH Investment & Securities website or the Namu and QV Mobile Trading Systems (MTS).

This year’s competition theme is "Proposal for a U.S. ETF Curation Service Using Generative AI," designed to suggest ETF investment ideas. Notably, the competition has partnered with global tech companies such as Microsoft (generative AI) and Tableau (visualization) to provide participants with diverse analytical environments. The competition is divided into preliminary, semifinal, and final rounds. In the preliminary round, participants develop a U.S. stock ETF curation algorithm based on the provided data, while in the semifinal and final rounds, service ideas based on this algorithm are evaluated.

Since the competition focuses on U.S. ETFs, the prize money will be awarded in U.S. dollars. The grand prize team will receive $10,000, two excellence award teams will receive $5,000 each, three encouragement award teams will receive $3,000 each, and ten honorable mention teams will receive $1,000 each. Additionally, the grand prize and excellence award winners will be exempt from the document screening process when applying for a job at NH Investment & Securities and will be offered experiential internship opportunities. Furthermore, among the six teams advancing to the final round, two teams will receive special awards from Microsoft and Tableau.

Yoon Byung-woon, CEO of NH Investment & Securities, stated, "This Big Data Competition will be a great opportunity to secure fresh service ideas by enhancing the diversity and quality of the competition through collaboration with global tech companies. NH Investment & Securities will continue to discover outstanding digital and AI talents, expand the data utilization ecosystem, and lead digital innovation in the financial industry."

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