Promoting technology in the securities sector - a strategic move

Mr. Lee Dong Won, Director of Technology Division of Mirae Asset Securities Joint Stock Company (MAS)

Mr. Lee Dong Won, Director of Technology Division of Mirae Asset Securities Joint Stock Company (MAS), who has 24 years of experience in the field of financial technology, commented that increasing the application and innovation of technology is an inevitable trend. According to him, this is the key to opening up many opportunities for investors, increasing liquidity, supporting the upgrading process and consolidating the position of the stock market in the modern economy.

KRX Technology and Breakthrough Expectations

The determination of the Vietnamese regulatory agency to deploy the new KRX information technology system is considered by Mr. Lee Dong Won to be an important and necessary step forward. He believes that when this system is officially operational, the market will have the opportunity to apply advanced trading solutions such as T+0 (intraday trading), selling pending securities, short selling and options contracts. These tools not only increase liquidity but also help the market operate more professionally, meeting the increasingly diverse needs of investors.

He estimated that if new products are deployed synchronously, market liquidity could increase 2 to 3 times compared to the present, a promising figure based on experience from developed markets. Moreover, this is also a key factor for Vietnam to move closer to the goal of upgrading the stock market from frontier to emerging, a strategic step in the long term.

Regarding the level of preparedness of market participants, Mr. Lee Dong Won shared that securities companies, including Mirae Asset, are ready to connect and test the KRX system. Through recent tests, the system has shown stability and no major problems, proving the serious investment of the parties involved.

In addition to meeting regulatory requirements, Mirae Asset has also proactively upgraded its internal technology. Specifically, the company focuses on developing artificial intelligence (AI), improving security systems, and optimizing the trading experience for investors. The M-Stock platform, launched in early 2025, is a clear demonstration of this effort. He emphasized that this is one of Mirae Asset's major steps forward, providing investors with modern tools to trade more effectively in the market.

AI Applications: Opportunities and Challenges

When referring to the trend of applying AI in securities, Mr. Lee Dong Won affirmed that this is an inevitable step but requires caution and is suitable for the characteristics of the industry.

AI offers many benefits, from data analysis to transaction support. But to be effective, the input data needs to be clean and accurate.

In Vietnam, Mirae Asset has integrated AI into the M-Stock application with outstanding features such as AI Chatbot (virtual assistant answering questions), AI News (filtering news according to needs) and AI Insight (analyzing investor behavior). To do this, the group has made serious investments, including the acquisition of two AI companies in the US and Australia in early 2024.

He emphasized that the staff always strictly controls the AI ​​training process to ensure accurate analysis results and maximum security for investors.

Looking at advanced markets, Mr. Lee Dong Won cited South Korea as an example, where Mirae Asset Group has applied AI to automate simple tasks such as 24/7 customer care. He said that investors can communicate with AI Chatbots at any time and receive full responses without any hindrance, saving time and improving the experience.

Furthermore, AI also supports the collection and analysis of huge amounts of data - something that is difficult for humans to do - to make objective assessments of market trends. He believes that this information helps investors make decisions faster and more accurately, especially in the context of constantly fluctuating markets.

However, he also noted that emotions still play a certain role in investing, so currently AI is only supporting and cannot replace humans. Therefore, Mirae Asset continues to invest in its advisory team, training them to become wealth management experts to bring more options to investors. The advisory team helps shape the direction, while AI helps investors move faster on that journey.

Regarding the strategy of supporting investors and contributing to the market, Mr. Lee Dong Won said that if KRX is deployed, solutions such as T+0 and new trading tools will create excitement for investors in 2025 and the following years.

Mirae Asset focuses on three core elements: clarity, convenience and modernity. The M-Stock app is designed with a minimalist interface, suitable for the younger generation of investors, helping them easily access information without being overwhelmed on small mobile screens.

Personalization features such as AI News and AI Notice allow investors to receive only news related to their portfolio, avoiding being bothered by redundant information. In particular, the deep application of AI through AI Chatbot and AI Insight, based on Big Data analysis, helps investors trade faster and more effectively on many products such as stocks, fund certificates, ETFs and warrants.

He emphasized that all these improvements are built on the basis of long-term analysis of investor behavior, with the goal of optimizing investment efficiency; at the same time, he hopes that Mirae Asset's efforts will contribute to promoting the Vietnamese stock market to develop faster, stronger and more sustainably in the new era.

The combination of the KRX system and AI technology is creating a new breeze for the Vietnamese stock market. These advances not only increase liquidity, with the potential to increase 2 to 3 times, but also increase professionalism and help the market integrate more deeply with the world.

With the support of companies like Mirae Asset, international experience and pioneering technology solutions like M-Stock, investors can expect a modern and efficient trading environment. From there, Vietnamese securities will not only meet domestic demand but also reach out on the global financial map, affirming its position in the new era.

Source: https://thoibaonganhang.vn/day-manh-cong-nghe-trong-linh-vuc-chung-khoan-buoc-di-chien-luoc-162325.html