Fintech startup 'Antock' announced on the 8th that it has developed an API (application programming interface) service that can search and utilize data and stock analysis information from privately held companies.
Antock's API service development was carried out as part of the '2018 Fintech API Development Support Project' organized by the Korea Internet & Security Agency (KISA). The company expected that it would be possible to supply more scientific and systematic analytical data to the OTC stock market, where information is opaque compared to the listed market. Not only unlisted companies, but also information such as status and financial data of listed companies, corporate competitiveness assessments, and appropriate stock price inference will be provided through this API service. Antock has finalized the development of this service and begun commercialization work, and has also signed supply agreements with investment advisors and others. The plan is to expand the scope of supply to securities companies that carry out unlisted stock brokerage business.
Park Young-joon, director of Antock, who oversaw service development, said, “We will integrate unlisted stock information scattered by Jung-gu Heating into a single system and provide it with highly consistent information through data verification and processing processes,” and “more investors will be able to easily and conveniently access information related to unlisted stock investments.”
