Samsung SDS (018260.KS) hosted its "Samsung SDS Industry Day" seminar for financial sector clients on Monday, presenting its artificial intelligence (AI)-centered financial innovation strategy, the company said Monday.
Industry Day is an event that invites clients from major industries including finance, public sector, and manufacturing to share Samsung SDS's information technology (IT) services and implementation cases. This seminar was arranged to present business innovation strategies utilizing generative AI and AI agents in the financial industry. Approximately 150 IT executives and staff from banks, insurance companies, and securities firms attended the event.
Lee Ji-hwan, executive director of Samsung SDS's Financial Consulting Team, delivered the keynote speech, presenting AI technology capabilities applicable across the financial industry and the direction of AI-based finance. Subsequent presentations shared various financial IT innovation strategies, including Samsung SDS's next-generation insurance system solution "NFC 2.0," AI agent-based financial code modernization, and Global Development Center (GDC) collaboration.
Among the presentations, the financial code modernization segment introduced a case of a domestic securities firm that converted its existing C language-based system to Java code using an AI agent. It was also a case that resolved financial system modernization challenges that had been delayed due to conversion costs and a shortage of specialized personnel.
Samsung SDS presented a method for automatically converting existing systems to new programming language bases through the code conversion agent of its AI agent platform "FabriX." This allows financial institutions to pursue system modernization more efficiently.
The company also introduced its GDC collaboration model, presenting possibilities for resolving IT personnel shortages in the financial sector and accelerating AX (AI transformation) transitions. Samsung SDS currently operates GDCs based on approximately 5,000 specialized personnel across three countries: China, Vietnam, and India.
"We will continue to support the AX transition of the financial industry based on Samsung SDS's technological capabilities and experience," said Hwang Soo-young, vice president in charge of finance at Samsung SDS.
