Shinhan Securities’ adoption of overseas news is a prime example of how AI technology can create tangible value in the financial industry. By utilizing Waiker’s AI technology, which offers innovative financial data solutions, Shinhan Securities has successfully implemented a service that translates and summarizes overseas stock news on their mobile trading system (MTS), Shinhan SOL.

 

The overseas stock news service is based on Reuters news provided by global financial data company LSEG (formerly Refinitiv). Waiker translates and summarizes these news articles in real-time using AI algorithms, helping investors quickly and efficiently grasp information about U.S.-listed stocks. The service is delivered alongside the original English text to enhance the reliability of the information and support investors in making more accurate decisions. Waiker’s AI technology goes beyond simple translation and summarization; it combines natural language processing (NLP) and data analytics to systematically organize and process vast amounts of financial data. This allows Shinhan Securities to offer a differentiated investment experience to clients, successfully enhancing their competitiveness in overseas stock investments.

 

Jeon Hyung-sook, Head of the Platform Group at Shinhan Securities, said, “Through AI-based overseas news provision and ‘similar businesses’ information services, we are now able to deliver both domestic and international investment information to clients quickly and easily. We will continue to leverage AI technology to provide even more valuable information to our clients in the future.”

 

Shinhan Securities’ implementation of overseas news is a prime example of how AI technology can create practical value in the financial industry.