Mirae Asset Securities Launches Real-Time Translation and Summary Service for Overseas Disclosures

Mirae Asset Securities announced on the 26th that it has launched a real-time translation and summarization service for overseas disclosures using generative AI technology.

[Image source=Yonhap News]

Mirae Asset Securities explained that as overseas direct investments continue to increase, the demand for original disclosures has also risen, prompting the company to plan a new service that provides stock-specific news faster than traditional news sources.

This service is provided based on official disclosure original text data from four countries including the United States and Japan, and will gradually expand to more countries. The company has established a process to collect overseas and domestic disclosure data independently, enabling immediate translation and summarization of disclosures right after they are announced, and delivering the information to customers.

Ahn In-sung, Head of the Digital Division at Mirae Asset Securities, said, "This significantly reduces the time and cost issues related to accessing overseas information, allowing domestic investors to make faster and more accurate investment decisions." He added, "We will continue to strive to provide customers with new financial investment experiences based on AI technology."

This service is available free of charge through Mirae Asset Securities' mobile app M-STOCK and the home trading system (HTS) platform Kairos.

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