이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Korea’s NPS to employ big data analytics for stock investment
- Collected
- 2017.02.01
- Distributed
- 2017.02.02
- Source
- Go Direct
The pension fund’s operation division has begun reviewing big data solutions to create a budget and start application from the latter part of next year.
“There is growing need for application of data and algorithmic analytics for better insight. We want to establish a reliable analytics system that can respond fast to increasing data,” said an NPS official.
The automated system can dig into extensive data pools on capital markets and economic data for its choices for investment. It can also efficiently manage and leverage against risks.
The NPS, the world’s third largest pension fund, invests 99 trillion won ($85 billion) in domestic stocks as of the end of October last year, of which 53 trillion won is directly invested and 46 trillion won entrusted. Big data analytics will be applied for both direct and indirect stock investment.
By Choi Jae-won
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]