Hyundai Securities Co. signed an MOU with Wisdomain to develop solutions for investors to invest in the shares of listed companies considered under-valued.
Wisdomain uses special technology to evaluate and analyze patent rights around the world.
The company analyzes the value of patent rights and defines the market value of the subject company to come up with a price-technology ratio to determine whether a company is under- or overvalued.
If the number of patent right is typed into its computer, named Big Data Robot, President Kim Il-soo said the machine goes to work to come up with a value for the patent rights, which are then compared with the market value of the subject company to tell if it is under- or overvalued. The decision whether to invest in a company or not will be based on the result of the analysis.
In 1999, Wisdomain was set up as a Fintech firm to measure the values of the patent rights. For the first time, the company invented a solution to analyze the value of intelligent property rights.
Wisdomain has been getting a lot of the attention at home and abroad for its important innovation, which is expected to rouse technology credit loans by banks because of its ability to evaluate patent rights. Analysts expect the Wisdomain solution to help develop technology finance both in quality and volume.
Wisdomain’s collection of data on some 180 million companies in the past 15 years will be a big help when it comes to making the correct analysis of patent rights, which is a crucial feature of the Wisdomain’s solution. The Intellectual Asset Management (IAM) of Britain carried a report on Wisdomain in its September issue that got the attention of global investors.
Wisdomain was able to sign a tie-up agreement with Ocean Tomo, a leading global value analyst of the patent rights.
Hyundai Securities needed just such a cooperative firm to improve its operations, because it could help uncover potential in listed companies, especially those whose shares are undervalued and have the potentials to do better in the days ahead. The securities firm and Wisdomain signed an MOU recently to cooperate on the development of commodities which has become the subject of much interest in the securities market to see if the tie-up between the Fintech firm and the securities firm will work out and become a new business model.
The two partners initially agreed to develop a solution to find undervalued firms based on PTR, and they plan to use it as a key index — similar to the role PER plays, a share profit ratio and PBR, a share price against net asset ratio, to manage its assets and provide diverse information to asset managers.
Hyundai Securities decided to invest in listed firms considered undervalued based on PTR and if the results are good enough, the company plans to develop the commodities with the solution and sell them.
If the securities firm succeeds in its PTR project with the cooperation of Wisdomain, it will pave the way for small firms with excellent growth potential to secure funds and grow.
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