• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • COMEUP
    • NextRise
    • Try Everything
  • Governments
    • Gyeonggido Business & Science Accelerator
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • SGSC Global Bootcamp
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Business Agencies
    • Accounting Firms
    • Ads & Marketing
    • Law Firms
  • Lists
  • Submit an Article
  • Profile
    • My Articles
    • Create your Startup Profile
    • My companies
    • My Saved Deals
    • Logout
KoreaTechDesk
No Result
View All Result
KoreaTechDesk | Korean Startup and Technology News
No Result
View All Result
Home FinTech

Financial trading made easy with Artificial Intelligence driven Robo-Advisors from Qraft Technologies

KoreaTechDesk Writer by KoreaTechDesk Writer
November 22, 2018
in FinTech
1
Financial trading made easy with Artificial Intelligence driven Robo-Advisors from Qraft Technologies
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The market for Robo-Advisor for financial industry in South Korea is estimated to grow to 30 trillion won or $ 26 billion by 2025. Startup like Qraft Technologies, which is a provider of Robo-Advisor and Artificial Intelligence Fund Solutions, are leading in the sector by providing innovative and unique solutions.

Trading markets have boomed recently, create a need for more trading solutions. Currently, there are thousands of platforms available for traders to use, although not all are legitimate. Traders should certainly read reviews, like this review here, to ensure they’re using a secure platform. This new AI solution is guaranteed to be a safe platform and that might be why it’s attracting so much attention.

Leading in the AI driven Robo-Advisor and Fund Solutions market

Qraft Technologies has a long track record of developing advanced AI solutions that have been adopted by major financial institutions, that have been turned into successful AI products and services, including the world’s first AI-driven global equity ETF and Korea’s largest Robo-Advisor service.

The company is using AI to provide asset management services more efficiently than existing robot adviser algorithms. As per a survey from July 2018, the total assets of the the Korean Robo-Advisor market are around $1 billion, out of which more than 90% are advised by Qraft Technologies’ Robo-Advisor solutions.

The company is focusing on overseas markets for the AI ​​fund sector. It has already provided Robo-Adviser for the second largest ETF in the world listed in Canada, run by Horizons ETFs Management Canada Inc.

‘I want to leave a meaningful footprint in the financial field’

– Hyung-Sik Kim, CEO, Qraft Technologies

In South Korea, Qraft Technologies’ robo-advisor services are available at important financial institutions and banks. The startup’s robo-advisor is already operational at the KEB Hana Bank and the Industrial Bank of Korea. The Shinhan Bank, Woori Bank, the BNK Busan & Kyongnam Banks are also in the process of installing Qraft Technologies’ services.

The start up is continually expanding its business areas not only in capital markets but also in areas such as autonomous driving, insurance underwriting, purchasing management, etc. that can be implemented with sustained efforts in research and development.

Qraft Technologies also provides customised AI services that cover sales, pre-education, system consulting, learning data management & preprocessing, system development & development process management, integration with existing systems and final product delivery.

Face-off between AI dealing system & human dealers.

The company is also running an interesting AXE Challenge 2018 to be held from November 19 to 23. The AXE Challenge is between the AI dealing system developed by the startup and the human dealers.

AXE is a deep-running based trading system that divides large orders in line with the market conditions and automatically executes the billing functions such as pension and asset management.

In the main event, three general investors, one agency dealer, and three AXE teams, who have passed preliminaries through KOSCOM’s simulated investment system, each have a real account of 500 million won or $445k. In addition, the challenge will compile a ranking of the 50 buyers who bought cheaply for a total of 50 days in five days. If a human participant wins the AXE in the final rank, it will award 100 million won or $891k.

Hyung Sik-Kim said, “This competition is a demonstration of how the level of AI technology has developed in the dealing / trading field through actual confrontation with a human dealer. This event will show how AI technology will change the financial market in the future. It will be a good place to be. ”

The competition is sponsored by KOSCOM, PWC, NVIDIA, Shinhan Bank, Money Today Research Institute, Yangjae R & CD Innovation Hub and will be broadcast live via MTN.

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: Asset ManagementETFFintechRobo-AdvisorTrading
Previous Post

Neosapience, Inc: Making Artificial Intelligence sound like human

Next Post

Varram’s gift for pet lovers – a smart pet fitness robot

Next Post
Varram’s gift for pet lovers – a smart pet fitness robot

Varram’s gift for pet lovers – a smart pet fitness robot

Please login to join discussion
No Result
View All Result

Popular Posts

  • Unveiling Korean Startups’ Innovation and Investment Potential: Join Us at KOSME-beSUCCESS Showcase in USA!

    0 shares
    Share 0 Tweet 0
  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Unlocking Investment Opportunities: KOSME-beSUCCESS’ Korean Startups Showcase in Riyadh Invites Investors 

    0 shares
    Share 0 Tweet 0
  • Hills Robotics, Distribution Robot Developer, Signs MoU with Indonesian Robot Company ‘Sari Teknologi’  

    0 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Unlocking Investment Opportunities: Explore Innovative Korean Startups at KOSME-beSUCCESS Showcase in Singapore

    0 shares
    Share 0 Tweet 0
  • Top Korean Dating apps that can help you make new connections in South Korea

    1 shares
    Share 0 Tweet 0
  • Pangyo Techno Valley: A Thriving Startup Hub in Korea

    0 shares
    Share 0 Tweet 0
  • Korean AI Startup Deeping Source Makes Strides in North American Market Expansion

    0 shares
    Share 0 Tweet 0
  • Korean Media Reports Disney Korea’s OTT Content Team Dissolves as Disney+ Struggles in Korean Market

    0 shares
    Share 0 Tweet 0
banner-sidebar




PRODUCTS

TESSAN Germany France Travel Power Adapter

Lonely Planet Korea 12

Korean Snack Box Variety Pack

OSULLOC Lovely Tea Gift Box Set

Topics

  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

FREE NEWSLETTER

Follow Us

Copyright © 2023 KoreaTechDesk | About Us | Our Services| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • COMEUP
    • NextRise
    • Try Everything
  • Governments
    • Gyeonggido Business & Science Accelerator
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Business Agencies
    • Accounting Firms
    • Ads & Marketing
    • Law Firms
  • Lists
  • Submit an Article
  • Profile
  • My Articles
  • Create your Startup Profile
  • My companies
  • My Saved Deals
  • Logout

Copyright © 2023 KoreaTechDesk | About Us | Our Services| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.