[Press release]RA Accelerates Expansion into Financial Sector with First Adoption by a Major Korean Commercial Bank

22 Aug 2025

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RA Accelerates Expansion into Financial Sector with First Adoption by a Major Korean Commercial Bank



▶ Woori Bank adopts RSQUARE’s commercial real estate data platform, ‘RA’ 

▶ A signal for innovation in the financial ecosystem through integrated use in WM, PB, and Corporate Finance 

▶ Global investment institutions' validation complete; Digital transformation of the Korean real estate market in full swing 



RSQUARE (CEO: Lee Yong-gyun), a comprehensive commercial real estate service company, announced on the 22nd that the data-driven investment strategy within the financial sector is gaining full momentum as Woori Bank confirmed the adoption of RA. 


While RA has previously secured a diverse clientele including asset management firms, securities companies, and global investment institutions, this marks its first adoption by a major commercial bank. Woori Bank's decision carries significance beyond a single contract. Given the conservative nature and high validation standards of the banking sector, this move is interpreted as an endorsement of RA’s reliability, accuracy, and scalability.  


Expectations for Chain Expansion Across the Entire Financial Sector


RA’s structural competitiveness lies in its role as a "tool that transforms financial practice" rather than just a simple information provider. Following the adoption by Woori Bank, RSQUARE is currently in successive negotiations with other commercial banks, insurance companies, and capital firms. Beyond Wealth Management (WM) and corporate finance divisions, the platform is receiving high praise for its utility in specialized real estate teams. 


"Opening the Market through Innovation, Not Just Survival"


Just eight months after its launch, RA has firmly established itself in the market, signing contracts with 50 companies including Samsung Securities, IGIS Asset Management, Koramco Asset Trust, the Correctional Officers’ Mutual Aid Association, Hyundai Commercial, and Nara Appraisal. 


Currently, the platform provides real-time analytical data for approximately 7,000 commercial assets nationwide, backed by a comprehensive survey system of 60 professional researchers. Based on this data, integrated analysis is available for each building, including actual transaction prices, rents, vacancy rates, lease terms, and tenant status. 


Global investment institutions such as Singapore’s GIC, Germany’s DWS, and PAG are already utilizing the platform. The fact that these global players have completed internal evaluations and signed contracts as active users proves that RA possesses a level of consistency and sophistication that meets global standards. Consequently, domestic financial institutions are accelerating their reviews based on the trust that it is a "platform used by global leaders." 


"Woori Bank’s adoption of RA holds a symbolic meaning beyond a typical contract. As it has passed the conservative and high validation standards of the banking sector, we expect trust in RA to expand across the entire market," said Kang-min Ryu, Head of the Research Center. "Moving forward, RA will become the standard for infrastructure innovation where finance and data converge." 





RSQUARE Inc.
CEO : LEE JOHN WOO         Business registration No : 110-81-88092         Office : 85, Seochojungang-ro, Seocho-gu, Seoul        Tel : 1551-5678

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