Koscom has embarked on a system transition utilizing artificial intelligence (AI). On April 28, the company announced that it is expanding the application of AI based on three major strategies — development efficiency, operational optimization, and external commercialization.
Through this, it will establish an AI-based development and operation system and strengthen business competitiveness.
In the area of development efficiency, AI is being applied to code generation based on data structures and business rules, the automation of impact analysis, and the conversion of C-based systems to Java.
In particular, productivity across the entire development process is being enhanced by utilizing large language models (LLMs) to automate code generation and analysis, and by automatically identifying the scope of impact resulting from changes.
Koscom is also applying AI to the entire process of the 5th-generation PowerBASE System currently under construction, ranging from requirements analysis to code conversion and testing.
By introducing AI-based automation to the entire process of converting C code to Java and testing, the company is reducing repetitive tasks and increasing quality stability.
Based on this, it will gradually expand the scope of application to ensure a stable system transition in the future.
Koscom has seen its development productivity climb by approximately 30% through AI and expects overall work efficiency to rise to about 40% to 50% if its application is expanded to the operational domain in the future.
In the area of operational optimization, AI is being applied to the customer requirements analysis process to reduce repetitive communication and increase work processing efficiency.
In terms of external commercialization, Koscom is expanding services such as customized analysis, news summaries, and investment insights for individual investors by integrating AI capabilities into its PowerBASE-based Mobile Trading System (MTS).
This service is characterized by a combination of asset-based analysis and real-time information provision, offering a competitive edge that differentiates it from other current AI services that simply provide information.
In the future, Koscom will expand this into a new revenue model based on subscription services and continuously identify business opportunities linked to the PowerBASE business structure.
Koscom President Yoon Chang-hyun delivers a keynote speech at a policy symposium held at the Korea Financial Investment Association’s Bulls Hall in Seoul on April 2.
Koscom President Yoon’s Speech in Policy Symposium
In a keynote speech at a policy symposium held at the Korea Financial Investment Association’s Bulls Hall in Seoul on April 2, Koscom President Yoon Chang-hyun said.
“Over the past 30 years, the Korean exchange-traded derivatives market has established itself as a core infrastructure of the Korean capital market by performing price discovery and risk management functions,” adding, “Going forward, it is necessary to establish a market structure and role that aligns with changes in digital financial environments.”
The symposium was jointly hosted by the Korea Finance Association, the Korea Financial Management Association and the Korea Derivatives Association.
It was organized to discuss the market’s achievements and future tasks in commemoration of the 30th anniversary of the introduction of exchange-traded derivatives in Korea.
Presentations and discussions were held on topics such as the advancement of the capital market and the necessity of introducing digital asset derivatives.
Support for Utilization of Public Pseudonym Information
Koscom is taking steps to expand data-based AI ecosystems by supporting the provision and utilization of pseudonym information by public institutions.
The company announced on April 30 that it was designated as the operating agency for the Pseudonym Information One-Stop Support Center by the Personal Information Protection Commission on May 1.
The Pseudonym Information One-Stop Support Center is a specialized agency that supports research institutes, companies, schools, and public institutions in safely utilizing personal information held by public institutions (the central government’s ministries, local governments, state-run corporations and public organization among others) by turning it into pseudonym information so that specific individuals cannot be identified and verifying the risk of re-identification.
Based on data processing capabilities accumulated through financial data analysis and MyData brokerage services, Koscom will support throughout the entire process of providing pseudonym information.
_코스콤 윤창현사장.jpg)
_윤창현사장 정책 심포지엄.jpg)
