Meritz Securities will apply the finance-focused artificial intelligence (AI) technology of WeBull, a global online securities platform, to MOUM, a next-generation finance platform to be unveiled next month.
Meritz Securities said on the 20th that it will exclusively equip MOUM, scheduled for release on the 1st of next month, with WeBull's finance-specialized AI engine, "Vega AI," the first among domestic securities firms. The adoption is based on an exclusive agreement under a strategic partnership between Meritz Securities and WeBull.
MOUM is an all-in-one investment platform that combines AI with an investor community. Meritz Securities plans to expand beyond the order and transaction functions of the existing mobile trading system (MTS) to a platform that supports investment information search and analysis, as well as investment decisions.
Vega AI is an AI investment engine that understands investors' questions and analyzes financial data based on a large language model (LLM). When asked about a specific corporation's earnings or the reasons for recent stock price movements, it compiles key points by synthesizing related disclosures, results, news, and more.
Meritz Securities plans to expand the scope of Vega AI's application across MOUM going forward. The aim is to evolve into an "agentic AI"-based finance platform that, beyond merely answering user questions, identifies user intent and independently searches for, compares, and analyzes the necessary information.
For example, if an investor asks to compare stocks of interest with overseas semiconductor corporations that have improved earnings, it analyzes the corporations' results and disclosures and presents the comparison and supporting grounds. The goal is to reduce the process in which investors must locate and compare multiple materials themselves.
Meritz Securities and WeBull plan to broaden the scope of their collaboration to overseas markets. By combining the two companies' AI technologies and financial content capabilities, they will jointly promote AI investment content and platform businesses in the Asia-Pacific region.
Lee Jang-uk, head of the Innoviz Division at Meritz Securities, said, "Equipping Vega AI is not just adding one AI feature; it is a starting point that changes how investors find and interpret information," adding, "We will develop it into a next-generation AI finance platform in which AI understands users' purposes, independently searches for and analyzes the necessary information, and supports investment decisions."