NH NongHyup Bank Holds AI Data Contest to Drive Work Innovation

[Financial News] NH NongHyup Bank held an in-house competition, the AI Data Contest, to enhance employees’ data analysis capabilities and identify ideas for work innovation.
According to financial industry sources on the 21st, NongHyup Bank held the 8th AI Data Contest at its headquarters in Jung-gu, Seoul, on the 20th.
Launched in 2019 and marking its eighth edition this year, the AI Data Contest is an annual in-house event aimed at improving employees’ big data analysis skills and identifying new data-driven ideas.
This year, 118 employees took part and presented ideas and data analysis results in two categories. The contest was divided into the Idea League, which invited proposals for ways to use big data, and the Insight League, which focused on drawing meaningful insights from data analysis.
The grand prizes in the two categories went to NH Ieum Ledger in the Idea League and the Customer Journey-Based Model for Recommending Required Tasks and Tailored Processing Paths in the Insight League. Other award-winning entries included Daily Analysis of LCR Fluctuation Causes and Detection of Anomalies and Early Warning for Lending Without a Black Box, recognized for their potential for further development and the validity of their data analysis.
Kim Ju-sik, vice president of NH NongHyup Bank’s AI Data Division, said, “Through this contest, employees are developing their ability to define problems based on data and apply analysis results to their actual work,” adding, “We will put outstanding ideas and analysis results into practice to drive work innovation and further promote a data-driven management culture.”

[email protected] Seo Ji-yoon Reporter