Hana Bank, Fount to co-work for robo-advisor service

The two companies will cooperate for delegated management using robo-advisor and exploration of pension services

Hana Bank, Fount to co-work for robo-advisor service
Bo-Hyung Kim 1
2024-02-27 17:34:18 kph21c@hankyung.com
Fintech

South Korea's Hana Bank announced on Tuesday that it has signed a business agreement with robo-advisor company Fount Investment Co. to launch a retirement pension service applying digital technology.

Robo-advisor is an online asset management service that manages portfolios through big data instead of human private bankers. Fount Investment is a fintech company providing investment trust and advisory services using robo-advisor technology.

Hana Bank and Fount Investment have agreed to collaborate in the future through the financial regulatory sandbox system to introduce delegated robo-advisor services for retirement pension savings scheduled to be implemented.

In addition, reflecting the increasing interest of customers in retirement pension management strategies, they plan to introduce various retirement pension-specialized services applying innovative digital technologies such as artificial intelligence (AI) algorithms.

Write to Bo-Hyung Kim at kph21c@hankyung.com
#Hana Bank #Fount Investment #retirement pension service #robo-advisor #financial regulatory sandbox

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