Robo-advisor specialist Pound announced on the 12th that its subsidiary Pound Investment Consulting will participate in the next-generation clearing and settlement system construction project being promoted by the Stock Exchange of Thailand (SET) together with KOSCOM and will supply an AI-based risk management system.
This project is an international project led by the Korea Exchange and implemented by KOSCOM, and Pound Investment Consulting is in charge of designing and implementing an early risk detection system using AI technology. In particular, this system includes a function that automatically identifies market risks and immediately warns of abnormal signs by analyzing data on stocks listed on the exchange in real time.
This system, which uses a deep learning-based risk detection model, is evaluated to have secured high precision compared to existing traditional risk management methods and to have strengthened the ability to respond in real time to extreme market volatility. In addition, it is designed to maintain stable performance even in a 24-hour non-stop environment while analyzing millions of data in seconds.
This project is significant in that it is a case of domestic financial IT and AI technology being applied to major financial infrastructure in Southeast Asia, and it expands the potential for Korean financial technology to advance overseas.
Last year, Pound Investment Consulting was selected for the technology partnership program 'Inception' by global AI semiconductor company NVIDIA, and has once again proven its technological prowess and business capabilities through this contract for the Thailand Stock Exchange business.
Pound plans to continue to expand its exports of AI-based systems specialized for emerging financial markets based on its partnership with KOSCOM.
Kim Young-bin, CEO of Pound, said, “Starting this year, Pound has been pursuing a full-scale transformation into a technology-centered company with the advancement of financial AI technology as a key strategy,” and “With this system export as an opportunity, we will further solidify our position as a financial AI technology company in the global market.”
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