Finance

KCC Information & Communication has emerged as the top IT company in the financial sector since its successful establishment of the next-generation system for BC Card in 1995. Based on advanced financial expertise and the various and vast experience of financial IT professionals, it has provided optimal solutions for financial sectors, including banking, credit cards, and stocks, as it grows steadily as a specialized financial SI company.

KCC Information & Communication's financial system integration (SI) service is a customer-oriented service that efficiently responds to the rapidly changing financial market. It is a total processing service (TPS) that covers every process from IT consulting to information system development and post-management.

NeoBIS is an international financial banking solution independently developed by KCC Information & Communication. NeoBIS was applied to Woori Bank's overseas branch integration computing system in 2006 as well as to the systems of Daegu Bank and Kookmin Bank. In 2013, NeoBIS also served as Woori Bank's next-generation overseas banking standardization platform.

KCC Information & Communication has continued to grow as an IT company with expertise in finance. It has earned its reputation for providing specialized financial information services, such as mobile and internet banking, anti-money laundering (AML) systems, and IFRS.

In the field of core banking, which is a center of finance, the company successfully completed the global internet/mobile banking project for Woori Bank. In the foreign exchange sector, it has provided services to Kookmin Bank, Woori Bank, KEB Hana Bank, and Daegu Bank, strengthening its position as one of the best IT companies specialized in finance in Korea.

In addition, it has been recognized as an organization with financial expertise by successfully establishing FAIS (Foreign Abnormal Transaction Investigation System) that was launched for the first time in Korea by the Industrial Bank of Korea. KCC Information & Communication also built the banking systems for the Korea Exchange Bank, KEB Hana Bank, and Citibank as an integrated system provider in the field of anti-money laundering (AML) system, which is a risk-based approach.

In addition, the company is in charge of the system maintenance of KEB Hana Bank and Citibank. Since the amendment of the law related to the International Financial Reporting Standards (IFRS), the company has been carrying out IFRS-related projects in the fields of insurance and credit cards. Recently, KCC Information & Communication has also been conducting major maintenance projects for public financial institutions, such as the Korea Deposit Insurance Corporation, Korea Federation of Savings Banks, Korean Federation of Community Credit Cooperatives, the Export-Import Bank of Korea, and Korea Securities Depository, creating the highest-level customer satisfaction.

The competitiveness of a financial institution depends on a safe and fast information system. KCC Information & Communication will continue to be the most trusted IT partner of its customers in the financial sector.

Key Accomplishments

• Established global internet/mobile banking system (Woori Bank)
• Enhancement of overseas branch AML system (KEB Hana Bank)
• Establishment of FAIS (Industrial Bank of Korea)
• Computing integration project (KEB Hana Bank)
• Built AML System (Korea Exchange Bank)
• Constructed RBA-based AML system (Korea Development Bank)
• System development for Chinese and US corporations (Woori Bank)
• Integrated maintenance of information system (Korea Deposit Insurance Corporation)
• Next-generation system development (Seoul City Credit)