Are Non-listed Companies Dominating Financial AI Patent Applications in South Korea?
Synopsis
Key Takeaways
Seoul, Feb 17 (NationPress) Almost 70 percent of patent applications for investment-related artificial intelligence (AI) in South Korea originated from non-listed firms and startups, according to a report released on Tuesday. This indicates that venture companies are spearheading the AI revolution in the financial sector.
The Korea Capital Market Institute's findings revealed that 67 percent of these patent applications were submitted by local Software as a Service (SaaS) providers, as reported by Yonhap news agency.
Among these applications, a significant 76 percent were targeted for sale to other businesses, in contrast to only 14 percent aimed at individual consumers, the report detailed.
Many of the AI patents pertained to functions involving standardized processes such as automated trading of financial instruments, surveillance of unusual trading patterns, and stock price assessments.
There was a notably low volume of patent filings in sectors that manage undisclosed information and rely on human connections, such as deal sourcing, as well as those associated with high financial risks, the report stated.
To facilitate broader AI innovation across the financial investment landscape, the report emphasized the need for proactive involvement from government and regulatory bodies.
In the meantime, major brokerage firms in South Korea achieved record profits last year, fueled by a bull market on the local stock exchange, according to industry statistics.
The aggregate net earnings of the nation's 27 securities firms are projected to reach 10.23 trillion won (approximately $7.03 billion) for 2025, a substantial increase from the prior year's 6.97 trillion won.
Korea Investment & Securities Co. reported the highest net income of 2.01 trillion won last year, marking a 79 percent increase from the previous year, followed closely by Mirae Asset Securities Co. with 1.59 trillion won in net profit.
The average daily trading volume on the local stock market reached 16.9 trillion won in 2025, reflecting a remarkable 57 percent increase compared to the previous year, according to the data.