Signed a business agreement with Mirae Asset Daewoo for AI financial services
Recommend stock prices, market conditions, and financial products via voice recognition

KT announced on the 5th that it has signed a Memorandum of Understanding (MOU) with Mirae Asset Daewoo for the provision of financial services utilizing artificial intelligence. Key officials from both companies, including KT Mass Division President Lim Heon-moon and Mirae Asset Daewoo Senior Vice Chairman Choi Hyun-man, attended the signing ceremony.

Through this strategic partnership, the two companies plan to provide new financial services by combining KT's 'GiGA Genie' voice recognition and artificial intelligence technologies with Mirae Asset Daewoo's financial information. Services such as stock price and index inquiry, market information, and stock and financial product recommendations using voice recognition are planned to be applied first, and the plan is to expand to non-face-to-face account opening services and customer convenience services utilizing new digital technologies.

For example, if you say to Gigagenie, “Genie, how was the stock market today?” it provides financial information such as, “The KOSPI index closed at 2,178.38 points, up 0.99% from the previous day due to the outlook for a weaker dollar and the spread of the view that the Korean stock market is undervalued, and it set a new high for the year.”

"Through cooperation between the two companies, we will create a new lifestyle in the financial sector that has never existed before," said Lim Heon-mun, President of KT Mass Business Group. "We will strive to provide innovative customer value utilizing artificial intelligence in various areas, based on GiGA Genie, which integrates KT's differentiated wired and wireless network infrastructure with AI technology and big data capabilities accumulated over nearly 20 years."

Choi Hyun-man, Senior Vice Chairman of Mirae Asset Daewoo, stated, “With the signing of this business agreement, Mirae Asset Daewoo will introduce new financial services based on artificial intelligence and voice recognition and provide new value through channels that customers can easily access,” adding, “As the leading securities firm in Korea in the era of the Fourth Industrial Revolution, we will achieve digital innovation in finance through various services utilizing new technologies.”