¡°NH Investment & Securities will go beyond fee-lowering competition among securities companies and strengthen its customer-centric services by actively utilizing AI technology and strategic global partnerships to help customers make the right investment decisions,¡± according to Yoon Byung-woon, president of NH Investment & Securities.
Yoon made the statement at an event entitled ¡°The First Media Day: Refreshing Overseas Investment,¡± at The Plaza Hotel in Jung-gu, Seoul on June 17. He declared a transition from the transaction-oriented mobile trading system (MTS) to an information and strategy-centric investment insight platform.
¡°Competition for lower or free commissions remainshot in the Korean securities industry,¡± Yoon said.
¡°But I think even large securities companies will find it difficult to continue this competition. Therefore, our goal is to build a platform that will truly help Korea¡¯s overseas stock investors.¡±
NH Investment & Securities identified three common challenges faced by overseas stock investors: A lack of access to investment information and timeliness in providing it; a limited trading environment due to time zone differences with overseas stock markets; and a burden of transaction fees.
Accordingly, NH Investment & Securities laid out a plan to build a new platform that removes investors¡¯ inconveniences, and contributes to the growth of their assets through a three-step strategy of ¡°investing like a local investor in an overseas stock market.¡±
¡°Under the slogan of ¡®investing like a local investor in an overseas stock market,¡¯ NH Investment & Securities accurately understands challenges which customers face in overseas investments,¡± Yoon said.
¡°We will put customers¡¯ asset growth before a pursuit of immediate profits by providing timely investment information and strategies. We are not satisfied with our current roles as an investment platform. We will present a vision model called an ¡®investment insight platform¡¯ to firmly evolve into a leading capital market platform player that is indispensable to customers.¡±
Investing like a local investor is NH Investment & Securities¡¯ new vision to seamlessly support customers¡¯ overseas investments based on AI technology and global partnerships.
In particular, through an exclusive contract with 3PRO¡¯s Global Investors¡¯ Network (GIN) Service, NH Investment & Securities is the first Korean securities firm to provide investment content from Tom Lee, chief strategist at Fundstrat, and Mark L. Newton, a technical analysis expert, along with exclusive headlines and market indicator analysis data from major foreign media outlets such as The Wall Street Journal, Bloomberg, The Economist, and other major foreign media outlets.
All content is enhanced with customized features such as AI summarization, English to Korean translation, and dubbing.
The features provided are daily in the morning and evening in the MTS, allowing customers to experience valuable real-time local information.
NH Investment & Securities¡¯ flagship service, ¡°Why Move,¡± is provided in partnership with US financial media outlet Benzinga, offering real-time analysis and summaries of the causes of sharp stock price fluctuations based on business results, disclosures, and breaking news of US stocks with a market capitalization of over $100 million.
It also suggests stocks with similar issues to help investors expand their strategic insights.
In the second half of this year, NH Investment & Securities will launch a linked service through an exclusive three-year contract with Seeking Alpha, a leading U.S. financial and investment platform with 20 million monthly active users (MAUs) and 18,000 in-house analysts.
NH Investment & Securities will expand its services in stages, starting with company-by-company news, expert analysis, and ratings, followed by investment soundness checks on customer balances and interest groups, and alternative stock guides for investors with underperforming stocks.
Additionally, the company is developing an AI agent service to support extensive information search and trading, and will provide verified algorithms through collaboration with local API operators in the United States.
NH Investment & Securities will continuously expand its ¡°investing like a local investor¡± solution through follow-up programs, such as expanding global investment content partnerships and enhancing AI-based investment agent functions and further strengthen its position as a ¡°content-oriented investment insight platform.¡±