LG AI Research Institute and National Pension Service to Develop AI Specialized for Fund Management
Financial AI Agent 'EXAONE BI' at the Core
AI Model Customized for Pension Fund Management
First Project: AI-Based Foreign Exchange Rate Analysis
LG AI Research Institute and the National Pension Service signed a memorandum of understanding (MOU) on September 11, 2026, at the headquarters of LG AI Research Institute in Magok, Seoul, to jointly develop artificial intelligence (AI) solutions that enhance the professionalism and efficiency of pension fund management.
The signing ceremony was attended by Kang Changnam, Head of Fund Management Support at the National Pension Service, and Lee Hwayoung, Head of Business Development at LG AI Research Institute, among others.
The two organizations plan to combine the AI technology of LG AI Research Institute with the investment expertise of the National Pension Service to develop AI services specifically tailored for fund management operations.
Kang Changnam, Head of Fund Management Support, stated, "AI is transforming paradigms across all industries. The Fund Management Headquarters, which is responsible for the future of the nation, will keep pace with these changes by leveraging AI to further enhance the professionalism and efficiency of our operations."
Lee Hwayoung, Head of Business Development, added, "The financial AI technology of LG AI Research Institute has already been recognized by numerous global investors. We aim to set a model example of AI utilization in the public sector."
The first collaborative project between the two sides will be the development of an 'AI-based foreign exchange rate analysis service.' LG AI Research Institute will develop an 'AI-based prediction and analysis model' specialized for pension fund management by utilizing a wide range of unstructured market information such as macroeconomic indicators, news, research materials, as well as National Pension Service data, through its financial AI agent, EXAONE Business Intelligence (EXAONE BI).
EXAONE BI is already deployed in services for LSEG (London Stock Exchange Group), KOSCOM, Kiwoom Securities, among others, analyzing more than 8,000 stocks listed in Korea and the United States every day and providing stock-by-stock prediction scores and analyst-level commentary. In particular, LG AI Research Institute has been recognized for its technological capabilities by working with numerous global investment institutions, including the Canada Pension Plan, and by securing successive contracts.
The National Pension Service aims to enhance the professionalism and efficiency of investment decisions by adopting AI in the investment research and decision-making processes within its pension fund management division, ultimately seeking to improve long-term investment returns. By validating the potential of the initial 'AI-based foreign exchange rate analysis service' project, the National Pension Service intends, over the long term, to expand the application of AI to additional areas in actual fund management operations.
Hot Picks Today
"Wow, Have Middle-Aged Men Had This All to Themselves?"... Women in Their 20s and 30s Find Comfort in a Standing Drink
- "Koreans Spend 1 Million Won Each and Come Back"... 'They Said They Were Going for Value for Money,' but Open Their Wallets Wide in Japan
- They Earn “430 Million Won a Year” Yet Receive Government Aid... AI Hub Declares Emergency Over “8.8 Million Won Monthly Rent”
- "Naked Again?" Controversial Actress Crosses a Line... Slammed for Sexualizing 'Child Characters'
- "They Get a Good Night's Sleep and Earn Twice My Salary... Honestly, I'm So Jealous I Could Die": Civil Servant's Post Targeting Firefighters Sparks Outrage
Both parties emphasized that they will prioritize reliability and safety, aiming to establish a leading example that provides tangible AI benefits to all citizens with complete peace of mind.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.