Lee Hwa-young, Executive Director of AI Business Development at LG AI Research, presents at the British Embassy in Seoul on Nov. 18. (Photo provided by LG AI Research)
SEOUL, Nov. 19 (Korea Bizwire) — LG AI Research is accelerating its entry into major global equity markets with a new artificial intelligence–driven forecasting model developed in partnership with the London Stock Exchange Group (LSEG), aiming to capture rising demand for automated investing tools.
The model, called the AI Equity Forecasting Score (AEFS), analyzes roughly 5,000 stocks listed on the New York Stock Exchange each day and provides detailed predictive insights. LG and LSEG unveiled the system to Korean financial institutions and brokerages at an event hosted by the British Embassy in Seoul on Nov. 18.
The service, launched in September and built on LG’s EXAONE Business Intelligence platform using LSEG’s market data, is currently being tested by prospective clients in the United States, Europe, Japan and Korea. LG expects the first commercial contracts to be signed as early as the first half of next year, following the usual two- to three-month proof-of-concept process.
The two companies plan to push aggressively into high-growth regions next year, including the Middle East, China and Southeast Asia.
LG highlighted AEFS’s broad coverage and processing power, noting that the model analyzes thousands of stocks daily—compared with the traditional model in which human analysts publish reports on major corporations only once a quarter. The system predicts four-week returns and assigns each stock a score from 1 to 100, with readings above 50 indicating an expected rise.
Beyond directional forecasts, AEFS also offers explanations for its predictions, drawing on macroeconomic indicators, real-time pricing, corporate filings, earnings reports, news articles and analyst commentary.
The model is offered through two business lines: a B2B data-feed service for institutional clients and a B2C channel that distributes forecasts to retail investors through securities firms. LG said the service is subscription-based, with a minimum two-year contract.
LG executives said the partnership benefits from LSEG’s massive global footprint, including a US$5.2 billion data-feed business and a client base of 45,000 firms.
“We expect AEFS to help financial institutions secure long-term, stable returns,” said Lee Hwa-young, head of LG AI Research’s business development division.
The event drew more than 50 representatives from Korean financial firms, along with British Ambassador Colin Crooks and Arman Sahovic, LSEG’s head of solutions for the Asia-Pacific region.
Kevin Lee (kevinlee@koreabizwire.com)
