RiskX, a structured derivatives artificial intelligence (AI) technology corporations, said on the 20th that it raised a seed investment from Seoul National University Technology Holdings. The investment amount was not disclosed.
RiskX is a Fintech corporations developing technology that automates, on a data- and AI-driven basis, the end-to-end work of pricing and risk analysis for structured derivatives and the preparation of explanatory materials. The goal is to improve the efficiency of financial institutions' product design and investor communications.
The company is pursuing both a B2B business that supports structured derivatives operations for financial institutions and a B2C business that serves individual investors.
In the institutional sector, it is developing a system that supports product review and demand forecasting at the stage before a request for quote through "pre-RFQ" technology. Through this, it plans to drive the digital transformation of tasks such as structured derivatives design and price review, risk analysis, and preparation of explanatory materials.
In the institutional sector, it is focusing on improving the online investment experience for equity-linked securities (ELS) investors. The service helps investors more easily understand and compare product structures, return conditions, loss possibilities, and early redemption conditions.
It is also developing an on-chain structured investment service for digital asset holders. The company is advancing features that provide a structured investment experience for XRP holders.
RiskX plans to accelerate the development of structured derivatives AI technology and the expansion of services for financial institutions with this investment.
Mok Seung-hwan, CEO of Seoul National University Technology Holdings, said, "We determined there is potential for AI-based work efficiency and improved investment experience in the structured derivatives field."
Yun Jang-hyeok, CEO of RiskX, said, "We plan to simultaneously advance technology that supports work for financial institutions and services that improve the investment experience for individual investors."