Finda, a fintech company, is taking steps to lead the market in financial-focused artificial intelligence (AI) agents. The company aims to accelerate the development of next-generation financial services by combining financial data with generative AI technology.
On June 10, Finda announced that it has signed a memorandum of understanding (MOU) with AI specialist Upstage to establish a financial AI agent platform.
The agreement aims to leverage the technological expertise and financial knowledge of both companies to innovate existing financial workflows and develop specialized AI agent services.
Finda will provide financial domain data, direct preference optimization (DPO) labeling, and support from financial experts for user acceptance testing. The company will also offer advice on financial regulations and compliance.
Upstage will lead the development of AI agents optimized for the financial environment based on its proprietary large language model (LLM), Solar. The company will be responsible for developing the financial-focused LLM model, building a reinforcement learning platform based on synthetic data, and overseeing agent design, development, and testing.
Both companies plan to collaborate on discovering new business opportunities utilizing financial AI agents. They will conduct joint marketing and promotion based on the achievements of AI model development while seeking new partnership opportunities in the financial AI sector.
Kim Seong-hoon, CEO of Upstage, stated, "It is meaningful to build an agent platform that encompasses all financial operations in collaboration with Finda. We will develop AI agents optimized for the financial environment based on our LLM, Solar, to drive practical business innovation."
Park Hong-min, co-CEO of Finda, expressed, "I am pleased to work with Upstage on a project that goes beyond a simple technological partnership to change the paradigm of the financial industry. We will focus our efforts on advancing financial AI innovation through a sophisticated agent platform and establishing it as a reliable service."
* This article has been translated by AI.
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