Korea Securities Depository (KSD) in Yeouido, Yeongdeungpo-gu, Seoul. /Courtesy of News1

Korea Securities Depository (KSD) said on the 27th that it is continuously pushing forward with an artificial intelligence (AI) transformation (AX) for workstreamlining and productivity gains.

To introduce the latest AI model to AIWorks, a service that launched in December, the depository filed for a change to an innovative financial service with the Financial Services Commission. On the 15th, it received approval from the Financial Services Commission for the change request, laying the institutional groundwork to advance AIWorks.

Advancing AIWorks means applying the latest AI models to greatly improve the reliability of AI query results and developing a standard linkage API to enable efficient integration with AIWorks and strengthen security.

KSD plans to foster intelligence in the digital work environment and spread a culture of AI use among employees by expanding AI into actual work settings through linking AIWorks with the DWP solution. It also plans to improve employee convenience by reducing simple, repetitive tasks through integrating the most frequently used in-house email and messenger within DWP with AIWorks.

KSD is also concurrently acquiring and validating technologies in an R&D environment to apply natural language–based in-house data processing and a coding assistant for core business tasks.

A KSD official said, "This advancement of AIWorks is the first step in fleshing out the vision that new President Lee Yoon-su outlined in an inaugural address earlier this month: 'We will leverage new technologies such as artificial intelligence (AI) to raise the convenience and efficiency of services.'"

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