[Alpha Biz=(Chicago) Reporter Kim Jisun] Hanwha Investment & Securities will enter the MyData (personal credit information management business) business within the year with the approval of the financial authorities. It is the 10th securities company.

According to the industry on the 25th, the Financial Services Commission recently approved Hanwha Securities' main license for its MyData business. Hanwha Securities had previously applied for approval to the Financial Services Commission at the end of June after receiving preliminary approval in March.

Hanwha Securities applied for MyData preliminary approval in April 2021, voluntarily withdrew, and applied again for the first time among financial companies belonging to business groups in September last year. Hanwha Securities plans to launch the service at the end of the year based on its own price.

With Hanwha Securities' full-fledged participation in the MyData business, the number of securities firms that have entered the MyData business has increased to 10, including Mirae Asset, NH Investment, KB, Korea Investment, Hana, Kiwoom, Hana, Shinhan Investment, Kyobo and Hyundai Motor Securities (001500).

MyData is a service that integrates and manages all financial company information with investor consent to provide information. It is considered a key business of financial investment companies preparing for the artificial intelligence (AI) era as it can provide customized services by analyzing financial status and consumption habits by investors.

 

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