Waiker, an AI-focused global stock market data startup, has received recognition at the 2022 Korea Technology Patent Awards from the Korea Intellectual Property Information Institute (KIPI) for its ‘Integrated Model and Apparatus Extracting Information from Documents Using Artificial Intelligence.’

The prestigious award, which celebrates outstanding patent technologies in South Korea, acknowledged Waiker’s innovative approach to processing financial data. The company’s portfolio includes 15 technology patents covering natural language processing, machine comprehension, big data engineering, and data mining.

Waiker has successfully built a database encompassing over 70,000 listed companies worldwide. The company’s AI technology addresses a critical market challenge: the non-standardized nature of US-listed company disclosures, which vary by company, disclosure type, and period. While traditional market leaders like Bloomberg still rely on manual processing, Waiker’s AI technology automates data collection and analysis, reducing errors and improving efficiency.

The company provides customized services including real-time AI-generated articles and tailored newsletters. Their focus extends beyond basic market data to deliver an “exceptional data experience” through enhanced UX/UI, serving diverse clients including securities firms and asset management companies.