Meritz Securities partners with AWS for next-gen AI financial services
- Meritz Securities has established the Inno Biz Center to enhance its AI research capabilities.
- The collaboration with AWS is expected to lead to the development of advanced financial platforms.
- This partnership represents a significant step towards Meritz Securities becoming an AI-driven financial corporation.
In South Korea, on June 25, 2025, Meritz Securities, a prominent brokerage firm, confirmed its collaboration with Amazon Web Services (AWS) in a bid to enhance its AI capabilities. The partnership aims to create innovative financial platforms as part of Meritz's ongoing effort to bolster its research strengths in artificial intelligence. Earlier this year, the firm established the Inno Biz Center to spearhead this initiative, assembling a team of information technology and financial specialists to drive forward advancements in AI-driven financial services. This strategic move reflects a growing trend among South Korean brokerages as they increasingly integrate AI technologies to stay competitive in the financial market. Recently, another brokerage, Mirae Asset Securities, launched an AI service that analyzes stock price fluctuations in real-time, demonstrating the potential benefits of AI in trading and investment. Meritz's Senior Vice President, Lee Jang-wook, expressed optimism about the partnership, viewing it as a pivotal moment in transforming the company into a cutting-edge, AI-oriented financial entity.