MAY 17, 2019
SMART VALOR announces the strategic partnership with SBCN. This collaboration is set to bridge the gap between the European and Asian markets by mutually benefiting from the global reach of both companies.
SBCN is a fast-growing fintech company based in Yeouido, Seoul, the epicentre of finance in Korea. The technological focus of the firm is Big Data, AI and Blockchain. As a regulated entity, SBCN runs a platform for equity investments and cryptocurrencies with over 200,000 users in Korea and is working together with a broad network of traditional financial institutions and government bodies.
Nominated by the government as top 100 innovative companies in Korea, SBCN employs over 150 staff today. SBCN has offered to support SMART VALOR with establishing a presence in Korea and other East-Asian countries. This partnership will enable SBCN’s community to access a multitude of investment opportunities that are currently not available to them in their jurisdiction
The most important part of this newly born partnership will be the integration on the SMART VALOR platform of the new AI prediction features and analytics SBCN is developing. In today's rapidly expanding investment space, the integration of such functions is crucial as it can help investors to make the right investment decision at the right time.
“Technology-based decision making, supported by AI and machine learning, is the next evolution phase in the wealth management business. Our strategy is not to build it in the house but to integrate AI based investment advice through partnering with innovative fintech companies around the world” - said Olga Feldmeier, CEO of SMART VALOR who previously was an executive at the world’s largest global wealth management bank, UBS.
The SMART VALOR team is looking forward to a fruitful partnership with Korean SBCN.