KB Financial, First Domestic Financial Institution to Sign 'EA' Contract with Amazon Web Services

KB Financial Cloud Platform 'Cleon' Enhances Convenience and Security Through Evolution to Multi-Cloud

[Asia Economy Reporter Kangwook Cho] KB Financial Group announced on the 4th that it has signed a license agreement (EA) with Amazon Web Services (AWS) to utilize cloud services in the financial sector and for mutual collaboration.

This is the first time a domestic financial group has directly contracted with AWS headquarters. KB Financial explained that this is the result of close consultations between the two parties since last year regarding the configuration of financial cloud services compliant with domestic regulations.

Currently, KB Financial Group's financial cloud platform "Cleon" operates KB Kookmin Bank's communication service "Liiv M" using NHN's "Toast" cloud. Through the contract with AWS, Cleon is expected to become the first domestic financial cloud platform to simultaneously use two cloud infrastructures (multi-cloud).

KB Financial expects that the convenience and security of services will be further enhanced as Cleon can quickly adopt more than 175 new technology services from AWS, a leading cloud provider specialized in IoT, machine learning, blockchain, and already proven in the global financial market.

A KB Financial official said, "With the EA contract with AWS, we will fully utilize the advantages of the cloud to expand fast and diverse services that customers want," adding, "We will focus on customer-centered technological innovation and provide differentiated customer value through active collaboration with domestic and international tech companies."

This content was produced with the assistance of AI translation services.