Korean Startup AIZEN: AI For Better Finance

Korean startup AIZEN automates Big Data analysis and provides a model that updates and learns in real-time.  Therefore, this allows for businesses to make the best decisions is a fast and efficient manner, leading to new revenue streams.  In addition, AIZEN solutions use machine learning, machine reasoning, deep learning, and predictive modeling to provide the best financial solutions.

The AIZEN Team

AIZEN solutions are where AI meets financial experts.  The AIZEN team consists of world-class AI experts who are constantly looking at the advancement in AI technologies at Seoul National University which is the top University in Korea.  Furthermore, they have a joint research team at KAIST (Korea Advanced Institute of Science and Technology) who have done research on AI with IBM Watson.

AI Solutions for Businesses

They are creating AI solutions for businesses.  They are able to create financial data using AI as well as detect the shift in the business environment.  Therefore AIZEN AI can automate big data analysis predict key financial behaviors.  This will be key for financial institutions and industries that use big data analytics.

Companies and startups need to incorporate AI if they are going to compete with their competitors.  There are so many benefits of AI from data collection to knowing customer’s behavioral patterns.  With this information, businesses can optimize their business strategies for maximum profit.

AI Solutions for Financial Institutions

AIZEN AI has created ACCM (Automatic Credit Cycle Control Module) which allows banks to monitor, predict, and control personal loan portfolios in a single platform.  This can greatly decrease the rate of high-risk profiles and increase target customers.

AIZEN is not just looking at the Korean financial market.  They are looking to expand outside of Korea and into Japan and Hong Kong in 2018.  They have been aggressively forming global partnerships to go along with their strong partnerships in Korea like Woori Bank and TIPS Korea.

John Yoon

John Yoon is the Editor in Chief at Startup Radar, Organizer for Startup Festival 2017, Head of Operations Korea at EOS Asia and the Global Marketing Director for Foresting.io. Email = john@startupradar.asia if you are interested in guest contributing and helping the Korean startup ecosystem. Wechat, Kakao, and Line user ID is jswy315

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