Samjong KPMG Wins Contract to Build Joint Data Platform for Financial Sector

[Asia Economy Reporter Ji-hwan Park] Samjeong KPMG announced on the 1st that it has won the project for building a joint data platform for the financial sector by the Korea Financial Telecommunications & Clearings Institute (data integration and service design division).

Through the construction of the joint data platform, Samjeong KPMG will implement a shared infrastructure that integrates, analyzes, opens, and combines the large volume of financial clearing data held by the Korea Financial Telecommunications & Clearings Institute. It plans to support the convergence and utilization of financial clearing data across all domestic banks.

Through this platform construction, the goal is to contribute to the creation of nationwide value such as △strengthening digital competitiveness in the financial sector △resolving information imbalance for financially marginalized groups △realizing public interest through policy support for revitalizing the data economy.

In accordance with the government's data economy revitalization policy, the Korea Financial Telecommunications & Clearings Institute established the Financial Data Convergence Center last year and is actively promoting data opening and distribution expansion. Additionally, by building an open data platform to lead the digital finance era, it opens and supplies high-quality, high value-added data and provides a remote analysis environment. Furthermore, by providing safe and reliable data combination services, it supports the increase of added value of financial sector and heterogeneous industry data.

Jung Dae-gil, head of the consulting division at Samjeong KPMG, said, "Through this project, we will establish a safe and reliable data combination and utilization foundation and support the promotion of new added value through the revitalization of the data economy," adding, "Samjeong KPMG will lead the market as a leading consulting firm in the financial data platform and service sector."

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