Mirae Asset Securities Focuses on Increasing Returns by Harnessing AI and Big Data
More than 500,000 subscribers sign up Mirae Asset Securities¡¯ artificial intelligence (AI)-based online investment information service, ¡°m.Club.¡± (Photo: Mirae Asset Securities)
Mirae Asset Securities is providing services such as ¡®m.Club¡¯ and ¡®Dr. Big¡¯ investment diagnosis¡¯ using artificial intelligence (AI) and big data to increase customers¡¯ Mirae Asset Daewoo was renamed Mirae Asset Securities in mid-March.
Since 2017, Mirae Asset Securities has provided services such as recommending products to customers and diagnosing investment patterns while operating a big data organization consisting of data scientists for the first time in the securities industry.
Representative services include ¡°m.Club,¡± ¡°Dr. Big¡¯s Investment Diagnosis¡± and ¡°Dr. Big¡¯s capture of supply and demand.¡±
m.Club is an online investment information service that utilizes AI and big data. It provides services such as the real-time disclosure of stocks traded by customers with the top 1% return on investment among customers of Mirae Asset Securities. Last year, it started a similar service for funds.
Dr. Big¡¯s investment diagnosis is a service that informs customers of their strengths and weaknesses, and compares their stock investment patterns with those of investment masters.
It is not just a diagnosis of investments, but recommends customized stocks to invest in.
The recently released ¡°Dr. Big¡¯s Capture of Supply and Demand¡± has received a lot of positive responses, reaching 100,000 users within three months of its launch.
Its advantage is that it can capture and inform themes and sectors that many foreigners and institutions buy, and customers can select their own search conditions to check supply and demand rankings.
In September last year, Mirae Asset Securities introduced ¡°m.Connect,¡± a super-personalized service by combining AI and big data technologies. m.Connect analyzes big data such as assets, transaction data, and real-time consultation history by customer and provides customized investment information, portfolio performance diagnosis services and investment alternatives to customers.
Mirae Asset Securities is the only securities firm to secure a license for the MyData business.
¡°Based on our accumulated experience in developing and operating AI-based digital asset management services over the past five years, we plan to recommend the most suitable financial products and provide customized investment services after systematically analyzing financial assets of customers scattered across various institutions,¡± Mirae Asset Securities said.
In particular, Mirae Asset Securities is expected to provide specialized asset management services in the areas of domestic stocks, overseas stocks, and pension investments where the company excels more than any other companies.
¡°In the future, Mirae Asset Securities will make customer-centered digital innovation such as providing easier investment and comfortable financial services by utilizing AI and big data,¡± said an official at Mirae Asset Securities.
As the Chinese economy has quickly recovered from COVID-19, investors¡¯ interest in investing in China is also recovering.
Mirae Asset Securities recommended All China Wrap as an overseas account to watch this year. This product is a representative wrap account of Mirae Asset Securities.
It was launched in April 2015. Its accumulated balance reached more than 100 billion won at the end of December 2020.
Wrap accounts allow securities firms to integrate portfolio composition, management, and investment advice for customers.
This product is characterized by focusing on investing in companies expected to benefit from China¡¯s new growth engine and the Chinese government¡¯s policies.
This product is designed to facilitate investments in Chinese companies, including those listed in the United States and Hong Kong.
It is investing in key industries that are highly related to the Fourth Industrial Revolution, such as 5G mobile telecommunications, eco-friendly energy, cloud, and semiconductors supported by the Chinese government.
The Chinese government is giving strong support to Chinese companies expanding infrastructure related to the Fourth Industrial Revolution to rev up the Chinese economy in a fight against the COVID-19 pandemic.
¡°All China Wrap is a wrap contract that combines Mirae Asset Group¡¯s overseas stock investment know-how and wide global network,¡± a Mirae Asset Securities official.
¡°A Hong Kong subsidiary of Mirae Asset Management is exploring about 1,500 Chinese companies every year.¡±
The wrap account will make the most of synergies between Mirae Asset Securities and the Hong Kong subsidiary of Mirae Asset Management, the company explained.
Mirae Asset Securities engages in global brokerage, investment banking, and trading businesses in ten overseas countries.
Since the foundation of Mirae Asset Financial Group, Park Hyeon-Joo, founder and chairman of the group has always wanted to expand the group¡¯s business globally in order to diversify the business portfolio.
As a global financial group, it is providing an outstanding platform to secure global investment opportunities by seeking and investing in valued assets around the world.