KFTC Opens Dedicated Website Providing Data Integration Services

Main screen of the exclusive website for data specialized institutions of the Korea Financial Telecommunications and Clearings Institute. Photo by Korea Financial Telecommunications and Clearings Institute

[Asia Economy Reporter Song Seung-seop] The Korea Financial Telecommunications & Clearings Institute (KFTC) announced on the 24th that it has launched a dedicated website to provide data linkage services quickly and conveniently.

Through the site, KFTC plans to actively identify customer demands in the data linkage market. By reflecting these in the service provision environment, it also supports financial companies and fintech firms in creating innovative value based on data.

KFTC will also establish a connection with the joint financial sector data platform "Daytop" in the second half of this year. Daytop is a platform that integrates, analyzes, opens, and links large volumes of data held by KFTC based on de-identification. It will provide a function to apply for the linkage of data provided through Daytop's open portal with data held by user institutions. Additionally, it will offer an environment where user institutions can analyze linked data by utilizing Daytop's remote analysis services.

A KFTC official emphasized, "As a specialized data institution, we plan to continuously provide a safe and reliable data linkage and utilization foundation to lead the activation of the digital economy in the financial sector."

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