Samsung SDS Hosts ‘Industry Day’ for Financial Clients, Presenting a Next-Generation Financial Roadmap Leveraging AI
□ Unveiled generative AI-driven innovation strategies to accelerate AI Transformation (AX) in the financial industry
- Unveiled key cases such as AI code agents, code modernization, and establishment of data platforms
□ Won a series of key AX projects in the financial sector and led digital innovation in the financial industry
On April 22nd, Samsung SDS held ‘Samsung SDS Industry Day,’ a seminar that introduced clients in the financial sector to generative AI-centered financial innovation strategies and implementation approaches.
The Industry Day event brings together clients from major industries -- financial, public, manufacturing, retail, and defense sectors -- to showcase Samsung SDS’s core solutions and services, as well as real-world application cases.
In line with the accelerating pace of AI transformation (AX) in the financial industry, this seminar was held to present work process innovations that leverage generative AI and AI agents, along with measures to improve IT systems.
Recently, Samsung SDS has been driving digital transformation in the financial sector by securing key projects, such as Woori Bank’s ‘AI Agent Banking’ and ‘Mid and Long-Term IT Infrastructure Optimization’ projects.
The event was joined by approximately 150 IT officials and decision-makers in the financial industry, covering banks, insurance companies, and securities companies.
Ji-hwan Rhie, Vice President and Leader of the Finance Consulting Team at Samsung SDS, presented AI technology capabilities applicable across the financial industry, along with real-world innovation cases. He also outlined digital transformation strategies tailored to the financial industry, as well as the path forward for AI-driven financial development.
During presentations that followed, the company presented diverse measures for IT innovation in the financial sector: NexFinance Core (NFC) 2.0, Samsung SDS’s solution for implementing next-generation insurance systems; automated development using AI code agents; a case of AI agent-driven ‘financial code modernization’; establishment of data platforms to leverage AI; and collaboration cases with Global Development Centers (GDCs).
Notably, the case of financial code modernization featured a Korean securities firm that converted its legacy C-based system into a Java-based system using AI agents. The case drew attention as it addressed challenges in financial system modernization, which has been delayed by high conversion costs and a shortage of skilled professionals.
Through its code conversion agents within its AI agent platform FabriX, Samsung SDS introduced a way to automatically convert legacy systems into systems based on new programming languages. This enables financial institutions to pursue system modernization more efficiently.
Additionally, Samsung SDS introduced its GDC collaboration model, highlighting its potential to address the shortage of IT professionals in the financial sector and accelerate AX. The company currently operates GDCs in three countries -- China, Vietnam, and India -- with a workforce of around 5,000 skilled professionals.
Following a seminar for the public sector in March this year, Samsung SDS will continue to hold seminars for clients across various industries, including manufacturing, retail, and services. By leveraging generative AI and industry-specific solutions, Samsung SDS will actively support clients’ work process innovation and productivity improvements.
Soo-young Hwang, Executive Vice President and Leader of the Finance Unit at Samsung SDS, said, “This seminar presented the direction for AI-driven innovation and real-world cases that are applicable across the financial sector. We will continue to support AX in this sector by leveraging our technological capabilities and experience.”
