Brokerage Business Is Becoming More Competitive, KISI Is Ready To Attract Investors By Preparing The Latest Technology

Illustration. (Photo: Doc. KISI)

JAKARTA - The Indonesia Stock Exchange (IDX) recorded the number of Single Investor Identification (SID) in 2021 to reach 7.47 million. The number of capital market investors increased by 92.7 percent from the previous year.

Other data also shows that mutual fund investors are the largest with a total of 6.82 million SID. In addition, the total investors of Government Securities (SBN) also increased by 32.68 percent to 610.82 thousand people. Meanwhile, stock investors increased 103 percent to 3.4 million people.

In the midst of the significant growth of investors in the Indonesian Capital Market, there are other things that are also very important to pay attention to. That is, the power of brokers or securities in supporting stock transactions carried out by investors. As well as the intense competition between one security and another that depends on working capital.

Some time ago, the Director of Trading and Regulation of IDX Members, Laksono Widodo, stated about the progress and interest in the brokerage or securities business.

"The securities business is still attractive but requires a large amount of commitment and capital. This capital, he continued, is used for automation development and the need for online businesses," said Laksono, quoted on Thursday, January 13.

Laksono added that in the future the securities industry will be more competitive in terms of competition between each other. In addition, he is optimistic about the development of the securities industry which will continue to grow, including the proportion of securities and investors.

"This is driven by the development of technology that is increasingly dominating," he said.

One of the securities with very strong development potential is PT Korea Investment And Sekuritas Indonesia (KISI) which uses the broker code BQ. The securities, which have very strong capital, have introduced the KOINS product as a formidable Online Trading application.

Korea Investment And Sekuritas Indonesia (KISI) is a leading subsidiary of Korea Investment Holdings (KIH) in South Korea. Investment Ownership (KIH), which is a company listed on the Korea Stock Exchange with a market capitalization of around IDR73 trillion.

Since its establishment in 1974, it is officially owned and considered by the government as the first investment company in South Korea. KIH Group formed the current conglomerate structure through a series of mergers, namely between Dongwon Securities and Korea Investment Trust which has been registered since 2003.

KIH Group is currently formed by 1 leading securities with 2 asset management companies, and others including regional banks, multifinance, private equity, hedge funds, and the largest Digital Bank in South Korea, namely Kakao Bank.

Director of Korea Investment And Sekuritas Indonesia (KISI) Song Sangyup explained, KIH's seriousness in expanding its wings has been proven by expanding branches throughout the world, namely New York, London, Tokyo, Hong Kong, Singapore, Vietnam and Indonesia.

Song Sangyup explained, in June 2018 PT Korea Investment And Sekuritas Indonesia (KISI) acquired Danpac Sekuritas. With good expertise and experience in their home country, KISI has a target to become the leading securities company in Indonesia.

"We are targeting Indonesia to be able to penetrate the retail segment. As we have done, we have won the trust of clients for 47 years in Korea," said Song Sangyup in Jakarta, Thursday, January 13.

Furthermore, Song Sangyup added that KISI was founded based on the principle of integrity which guides every action of his party.

"We exist to exceed our customers' expectations for success, with passion and integrity. We are committed to continuously updating our services to reflect the latest technological advances," said Song Sangyup while revealing KISI is registered and supervised by the Financial Services Authority (OJK).

Not only that, continued Song Sangyup, in order to support the convenience and transactions of its customers, KISI has provided the KOINS application which has been registered with KOMINFO and uses the latest technology to facilitate all the needs of its customers, especially the millennial generation who are currently the motor of the Indonesian capital market. .