RiskX wins seed from SNU Technology Holdings to automate structured derivatives

RiskX, a structured derivatives artificial intelligence (AI) technology corporations, said on the 20th that it raised a seed investment from Seoul National University Technology Holdings. The investment amount was not disclosed.

RiskX is a Fintech corporations developing technology that automates, on a data- and AI-driven basis, the end-to-end work of pricing and risk analysis for structured derivatives and the preparation of explanatory materials.

The goal is to improve the efficiency of financial institutions' product design and investor communications.

Source: ChosunBiz