Mirae Asset Securities Successfully Concludes 9th AI Festival... Discovering Talent at the Intersection of Finance and AI

Mirae Asset Securities announced on October 17 that the 9th Artificial Intelligence (AI) Festival, co-hosted with Naver Cloud, has successfully concluded.

On the 14th, the award ceremony for the 'AI Festival' was held at Mirae Asset Center One, where the awardees and related personnel, including Heo Sunho, Vice Chairman of Mirae Asset Securities (third from the left in the second row), and Kim Yuwon, CEO of Naver Cloud (fifth from the right in the second row), are taking a commemorative photo. Mirae Asset Securities

This competition was organized to discover innovative ideas that combine finance and AI, as well as to nurture talent who will lead the future financial industry. This year, a total of 443 teams participated and went through a highly competitive preliminary round, with six teams advancing to the finals: three teams in the AI Service category and three teams in the AI Tech category.

The final event began with a welcoming speech by Kim Minkyun, Head of Investment Strategy at Mirae Asset Securities, who supervised the AI Festival. The event featured a variety of idea presentations and technology demonstrations centered on the convergence of AI and finance.

The finalist teams engaged in intense competition by demonstrating prototypes of agents and innovative service ideas that combine finance and AI, utilizing Naver's large language model, HyperCLOVA X, and its application programming interfaces (APIs) over a four-hour period. One team was selected for the Grand Prize, two teams for Excellence Awards, and three teams for Merit Awards. The total prize pool amounted to 55 million won.

The Grand Prize went to the team "Icecreameul Deun Muji." This team received high marks from the judges for developing a multi-agent system that quickly identifies stocks with price trends similar to a reference pattern based on users' natural language queries. The Grand Prize team will receive a 20 million won cash award and an internship opportunity at Mirae Asset Securities, where they will gain hands-on experience by implementing their proposed service in a real-world setting.

Additionally, the Grand Prize and Excellence Award-winning teams will be granted an exemption from the document screening stage when applying to Mirae Asset Securities, providing them with a tangible opportunity to grow as financial AI professionals, in addition to their cash prizes.

The AI Festival goes beyond a simple competition by offering annual education and mentoring programs for participants. The finalist teams received training in the latest AI technologies from experts at Mirae Asset Securities and Naver Cloud, and spent time exploring and discussing ways to apply AI to the financial industry.

In his closing remarks, Heo Sunho, Vice Chairman of Mirae Asset Securities, said, "AI is a core technology that is reshaping the competitive landscape across all industries and is a key driver of innovation and change in the financial sector. I was very impressed by the creative ideas and passion shown by the participants, and I especially felt that the completeness of the service prototypes has improved year after year, indicating that the level of AI technology adoption is rapidly advancing." He added, "We will continue to offer a variety of programs to help young talent demonstrate and develop their AI capabilities in real financial settings."

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