The Korea Herald

지나쌤

Fintech start-up, KB Kookmin roll out robo-adviser

By 손지영

Published : Jan. 10, 2016 - 17:58

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Financial technology start-up Quarterback Investments said Sunday that it has rolled out a robo-adviser solution for trust goods, dubbed the Quarterback R-1, jointly with KB Kookmin Bank, Korea’s largest retail bank by asset value.

Utilizing data from exchange-traded funds and exchange-traded notes in the domestic and global markets, the Quarterback R-1 enables investors to diversify their investment portfolio for stable returns, according to the Korean start-up, an affiliate of fintech firm alliance Yellow Financial Group.


 

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The big-data-based financial solution, which also uses machine-learning tech to continuously factor in variables to better respond to external risks, analyzes 920 trillion data sets in six asset categories across 77 global markets.

“The launch of the robo-adviser solution will help small investors to hedge their bets on diverse investment assets and funds at home and abroad with ease,” a Quarterback Investments official said.

The base amount of investment is 20 million won ($16,600) for the robo-adviser solution, which the company said targets mid-level risks and returns. 


The automated investment management solution is one of the buzzwords in both the financial and IT sectors.

The total value of assets managed by robo-advisers worldwide is expected to surge to $2.2 trillion by 2020, according to consulting firm A.T. Kearney. 

By Kim Young-won (wone0102@heraldcorp.com)