FairLabs is now part of Korea Exchange (KRX).

FairLabs

AI decision systems

From unstructured data to operational decisions.

FairLabs builds AI decision systems for financial markets. Their foundation is the extraction and analysis of unstructured data, with every output traceable to its source.

A Korea Exchange (KRX) company

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Five layers, one lineage

Documents enter at the base. Each layer adds structure and meaning until decisions are made at the top, and every output remains traceable to its source.

SOURCES · UNSTRUCTUREDOUTPUTS · OPERATIONALData FoundryData LayerSemantic LayerOntology LayerDecision Layer
Filings processed
191,661
Periodic filings parsed without loss, 2010–2026
Tables structured
72.4M (72,452,577)
Kept with units, footnotes and section context
News articles monitored
1.15M (1,152,604)
Collected continuously since July 2026
Eligibility decisions
840,753
Security-level screening decisions computed

As of · Aggregate counts from FairLabs production systems

The challenge

The data that matters most is the hardest to use.

Most of the information behind a financial decision sits in documents, transcripts, tables, scans and news. Little of it arrives in structured form, and once it is copied into a spreadsheet, its provenance is lost.

Heterogeneous formats
Text, tables, images and audio, often within a single file.
No common schema
The same fact is reported in many different forms.
No provenance
Figures become separated from the passages that support them.
Unstructured · as received0 / 12 linked
DOCUMENT · p.12TABLE · p.19SCAN · p.26DOCUMENT · p.33TRANSCRIPT · p.40DOCUMENT · p.47TABLE · p.54SCAN · p.61DOCUMENT · p.68TRANSCRIPT · p.75TABLE · p.82DOCUMENT · p.89

Pipeline

From document to decision, traceable at every step.

Agents parse, extract and validate in parallel. Every fact carries its source passage, its agent, its confidence and its review status, so every decision can be traced back to the page it came from.

  1. 01 · Sources

    Filed document

    PDF · 212 PAGES

    Call transcript

    AUDIO → TEXT

    News feed

    STREAM · 40 SOURCES

  2. 02 · Parse

    Parse · OCR

    LAYOUT + TABLES

  3. 03 · Extract

    Extract · Events

    AGENT

    Extract · Entities

    AGENT

    Extract · Figures

    AGENT

    Extract · Relations

    AGENT

    Extract · Claims

    AGENT

  4. 04 · Validate

    Validate

    RULES + REVIEWER

  5. 05 · Ontology

    Ontology write

    OBJECTS + LINKS

  6. 06 · Decision

    Decision

    REVIEWED · V3

Documents
1,284
Pages parsed
96,410
Facts extracted
312,077
Human-reviewed
4.1%

Illustrative pipeline and figures.

Ontology

One shared model, at every level of detail.

Extracted facts are written into an ontology of entities, events, relations and signals. Analysts and AI agents query the same model, from object types down to the evidence behind each one.

  • Versioned schemaClasses and relations change only through review, and every change is recorded.
  • Shared by people and agentsThe model an analyst reads is the model an agent reasons over.
  • Evidence at every objectEvery object resolves to the passages that support it.
L1 · Class · share of extracted facts
  • Organization24.0%
  • Announcement17.0%
  • Person12.0%
  • Ownership link11.0%
  • Transaction9.0%
  • Role link8.0%
  • Anomaly signal7.0%
  • Instrument5.0%
  • Trend signal4.0%
  • Schedule event3.0%

Example distribution.

Decisions

Every decision carries its evidence.

Each decision is recorded with the passage it read, the facts it extracted, and the rule version and review state that applied.

  1. Index eligibility screening

    d-01 · Eligibility rules v4.0

    01Source

    Annual report · periodic filing

    § VII Major shareholders · Table 2

    Largest shareholder and related parties · Common shares · 71.3%

    02Extracted facts

    Entity
    Company A · listed, KOSPI
    Largest-shareholder stake
    71.3% of common shares
    Free-float ratio
    24.6% after treasury and locked-up shares

    03Decision

    Excluded from the eligible universe

    Free float below the index rule's minimum. Stake, exclusions and rule clause are attached to the decision.

    ApprovedConfidence 0.99

  2. Financial table structuring

    d-02 · Table schema v2.4

    01Source

    Quarterly report · consolidated income statement

    Income statement · Note 3

    (Unit: KRW thousand) Operating profit … * Prior period restated (see Note 3)

    02Extracted facts

    Unit
    KRW thousand, normalized to KRW
    Restatement
    Prior-period operating profit restated
    Footnote
    Note 3 linked to the restated row

    03Decision

    Prior-period series updated

    The earlier value is kept as a prior version, so past analyses can still be reproduced as they ran.

    ApprovedConfidence 0.98

  3. News event monitoring

    d-03 · Event model v2.1

    01Source

    News article · wire service

    Headline and lead paragraph

    … plans to raise new capital through a rights offering, the company said …

    02Extracted facts

    Event
    Capital increase · rights offering
    Entity match
    Two listed candidates with similar names
    Linked filing
    None found yet

    03Decision

    Sent to a reviewer before it enters the ontology

    Entity confidence is below the write threshold, so a person confirms the company before any signal acts on it.

    In reviewConfidence 0.62

Illustrative examples modeled on production workflows. Company names, figures and passages are anonymized.

Operations

Designed for continuous operation.

Decision systems earn trust in production. FairLabs systems run continuously, report their own state and route uncertain cases to human reviewers.

Pipelines · productionAs of · illustrative
  • Running09:04 KST

    Disclosure intake

    r-24117 · Extract · v3.2

  • In review08:57 KST

    Call transcript analysis

    r-24116 · Validate · v1.8

  • Approved08:51 KST

    Entity resolution

    r-24115 · Ontology write · v2.4

  • Approved08:40 KST

    Anomaly signals

    r-24114 · Decision · v4.0

  • Running08:38 KST

    News event stream

    r-24113 · Extract · v2.1

01Monitoring
Throughput, latency and extraction quality are tracked per pipeline, with alerts when they drift.
02Human review
Low-confidence facts and every decision above a set threshold go to a reviewer before they act.
03Versioning
Models, prompts, schemas and rules are versioned, so any result can be reproduced as it was.
04Audit trail
Who changed what, which version decided, and which passages it relied on, kept for every run.

Core capabilities

Data analysis at the core, held to production standards.

  1. 01Unstructured data extractionDocuments, transcripts, tables and images become structured facts, each tied to the exact passage it came from.
  2. 02Data analysis and modelingQuantitative and statistical analysis of the extracted data, the foundation on which the rest of the system depends.
  3. 03Ontology engineeringEntities, events and relations modeled so that analysts and AI agents reason from the same view of the world.
  4. 04Decision systems in operationAI decision systems deployed into live workflows, with monitoring, human review, versioning and a full audit trail.

Company

Built inside financial market infrastructure.

FairLabs is part of Korea Exchange (KRX). Its AI decision systems are built to the standards that environment requires: every decision auditable, every change versioned, every source retained.

A Korea Exchange (KRX) company

Documentation · available to clients

  • MethodologyHow sources are ingested, how facts are extracted, and how decisions are formed.On request
  • Model evaluationTest sets, metrics and results for every extraction and decision model in production.On request
  • Data securityAccess control, isolation, retention and incident handling.On request
  • Change logEvery model, schema and rule change, with its review and release date.On request

FAQ

Frequently asked questions

What is FairLabs?
FairLabs is a Korea Exchange (KRX) company based in Seoul. It builds AI decision systems for financial markets that run in real operations. Its core competency is data analysis: turning unstructured data into decisions that are reviewed, versioned and traceable to their source.
What does FairLabs build?
FairLabs builds AI decision systems in five layers: a data foundry that extracts facts from unstructured sources, a versioned data layer, a semantic layer of shared definitions, an ontology of entities, events and relations, and a decision layer where AI agents and analysts act in production.
How does FairLabs work with unstructured data?
Documents, transcripts, tables and images are parsed and chunked, and candidate facts are extracted together with the passage they came from. As of 17 October 2026, FairLabs systems have parsed 191,661 corporate filings without loss and structured 72.4 million tables with their units, footnotes and section context.
How are FairLabs decisions kept auditable?
Every pipeline is monitored, low-confidence results go to human reviewers, models, schemas and rules are versioned, and an audit trail records which version made each decision and which source passages it relied on.
How is FairLabs related to Korea Exchange?
FairLabs is a subsidiary of Korea Exchange (KRX). It builds and runs its AI decision systems to the audit, accountability and security standards of financial market infrastructure.
How can I contact FairLabs?
Email team@fairlabs.io. FairLabs is located at Parc.1 Tower, 108 Yeoui-daero, Yeongdeungpo-gu, Seoul.

Contact

Discuss your requirements with our team.

Describe the decision you need to support and the documents behind it. Our team will follow up with an assessment of scope and approach.

team@fairlabs.io