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Tag: Financial technology innovation

  • Waiker Awarded the 2024 CES Innovation Award in Artificial Intelligence

    Waiker, a global stock market data tech company, has been recognized with the 2024 CES Innovation Award in the Artificial Intelligence category. Among 25 global awardees at CES, Waiker stands as the only data company, earning international acclaim for revolutionizing the stock market data industry through its technological innovations.

    Through partnerships with LSEG Refinitiv, KOSCOM, and stock exchanges like NASDAQ, Waiker has developed groundbreaking stock market data products. The company’s technology successfully transforms complex market data into meaningful datasets that demonstrate high correlation with stock prices, overcoming previous limitations in speed and accuracy.

    Global securities firms and asset management companies are increasingly implementing Waiker’s technology-based stock market data products in their digital services, signaling a shift toward data-driven innovation in the financial investment industry.

  • Shinhan Securities Partners with Waiker for Cloud-based Open Platform

    Shinhan Securities Partners with Waiker for Cloud-based Open Platform

    Shinhan Securities has announced a Memorandum of Understanding with Waiker, an AI global stock market startup, to develop a cloud-based open platform. Shinhan Securities, a subsidiary of the Shinhan Financial Group and a cornerstone of South Korea’s financial industry since the 1960s, provides comprehensive financial services including securities brokerage, investment banking, and asset management.

    Waiker specializes in AI-powered global stock market database creation and utilization. The startup has secured an exclusive service contract with the London Stock Exchange Group (LSEG) for AI data services and supplies AI-powered US stock market analysis content to KBS using their specialized Large Language Model (sLLM).

    As Shinhan Investment Securities prepares to launch its open platform, the partnership with Waiker aims to establish a technological roadmap with clearly defined stages for mutual growth and success in the global market.

    Waiker CEO Elvin Hwang commented, “From our initial efforts collecting global stock market data, we identified areas where infrastructure for the stock market is underdeveloped in certain regions. Partnering with Shinhan Securities on the enhancement of global stock market infrastructure initiative through their open platform presented an attractive opportunity for Waiker.”

    Hyeong-sook Jeon, Shinhan Securities’ ICT Group head, stated, “Distinct from entities solely fixated on AI or data collection, Waiker’s prowess lies in swiftly and adeptly converting unstructured stock market data into AI-driven databases within a hybrid cloud environment. Making the company to become an apt prime partner for our open platform.”

    While tech giants like Amazon and Google have mainstreamed data and IT infrastructure integration in consumer goods and media, the financial sector has remained conservative in adopting modern technology. Shinhan Securities aims to address this gap by leveraging both companies’ technological competencies to establish solutions that will revitalize global stock trading and data infrastructure.