December and NH Nonghyup Bank Launch Discretionary Robo-Advisor Service for Retirement Pensions

Preparing for old age, now smartly with AI! December&Company's AI investment platform 'fint' has finally partnered with NH NongHyup Bank to launch a robo-advisor (RA) discretionary service for retirement pensions. This is particularly significant as it marks fint's first bank partnership for its retirement pension RA service. The IRP (Individual Retirement Pension) has rapidly emerged as an indispensable asset management tool, offering not only preparation for old age but also tax deduction benefits of up to 9 million won during year-end tax adjustments. Last year, the Financial Services Commission recognized its importance by designating RA discretionary services as innovative financial services to improve retirement pension returns and enhance convenience for individual investors. The core of this new service is the 'AI Investment Engine ISAAC'. By thoroughly analyzing a customer's investment propensity, expected return, risk preference, and retirement age, it designs an optimal asset allocation strategy and automatically rebalances it according to market conditions, allowing individual investors to experience stable management of their retirement assets without hassle. Enrollment can be conveniently done through NH NongHyup Bank's mobile apps 'NH Smart Banking' and 'NH All One Bank'. The investment strategies consist of three modes: 'Sports Mode (Aggressive Global Investment)', 'Smart Mode (Global Diversified Investment)', and 'Cruise Mode (Aggressive Domestic and International Investment)', satisfying the diverse needs of investors. All these strategies can be flexibly managed through funds or ETFs using ETF-type algorithms. December&Company has successfully operated asset allocation-based RA services since 2019, and its capabilities have been recognized, especially as its global asset allocation strategies have consistently maintained top-tier returns in the Koscom RA Testbed over the past 1-2 years. Starting with this partnership with NH NongHyup Bank, December plans to expand its collaborations with major domestic banks such as KB Kookmin Bank, IBK Industrial Bank, and various securities firms. Song In-sung, CEO of December&Company, stated his ambition, saying, "This collaboration will serve as an opportunity to enhance service accessibility and reliability," and "We will continue to provide customers with more stable and efficient investment experiences based on fint's AI technology and operational capabilities." Prepare for your happy retirement with AI-driven smart asset management!