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POSCO ICT transfers technology patents to small and medium-sized companiesPOSCO ICT and Hana Financial Group are planning to expand RPA in the financial sector.
2020.07.02
On July 1, the workshop held at POSCO ICT's Pangyo building was attended by Yoo Si-wan, president of Hana Financial Group's IT company Hana Financial TI, Son Geon-jae, president of POSCO ICT and other company officials.
At the meeting, they shared the RPA trend in Korea under COVID 19 and held a discussion to prepare a strategic direction to spread RPA to Hana Financial Group and other financial sectors.
Since POSCO ICT and Hana Financial Group signed an agreement for the RPA business in August 2018, they have been working together to develop RPA solutions optimized for the financial sector and to further expand their coverage.
Based on POSCO ICT's RPA solution 'A.Works', the two companies have developed 'Work-Life Bot' that is specialized in the financial sector and are pushing to spread it to Hana Financial Group's related companies.
Until recently, Hana Financial Investment and Hana Card have replaced their existing global RPA solutions with 'Worabot' and plans to spread them to Hana Bank, Hana Capital and Hana Life Insurance, while applying them to Hana Financial Group's authorized electronic document center to push ahead with automated work.
By the end of July, 'Worabot V2.0' will be released, which will drastically reduce costs through functions that enable collaboration and efficient resource management among individual bots in operation. At the same time, the company plans to continuously upgrade the use of the Hana Financial Convergence Technology Institute's OCR technology to enable unformatted text recognition, and strengthen its connection with non-face-to-face AI applications by combining various new technologies.
Since launching its own RPA solution, 'A.Works' last year, POSCO ICT has provided it to POSCO and other group-affiliated companies to verify their performance, and has been expanding its reference to private companies in the public and defense markets, distribution and service sectors, including government ministries. Also, it is currently expanding to Cloud RPA.
Moon Yong-suk, executive director of POSCO ICT's Technology Development Center, said, "RPA, which was introduced mainly by large companies, is spreading to government-affiliated organizations and small and medium-sized enterprises starting this year. As the need for non-face-to-face and remote automatic business processing is rapidly increasing due to the influence of COVID 19, we plan to actively promote the spread of RPA to the financial sector through cooperation between the two companies."
Lee Il-ho, executive director of Hana Financial TI's future growth division, said, "We were able to quickly evolve into a financial specialized RPA by securing flexibility and continuously upgrading our own domestic solutions. We expect to use the bot as a whole process improvement rather than simply delegating work to meet Hana Financial Group's strategy and expand it to the foreign financial sector in the future to lead the financial RPA sector."