CI Introduction

Media Room CI Introduction

[Koscom] is the Motive Power for IT Development of the Korea Securities and Futures Market

Division :
Webmaster
Date :
2007-05-16 00:00:00

"Koscom" is the Motive Power for IT Development of the Korea Securities and Futures Market

Since its establishment in 1977 for system implementation and integration of the Korean capital market, Koscom has been the driving force behind the development of securities/futures market by means of making advancements on IT infrastructures over thirty years.

Koscom mainly offers services of trade matching in the stocks/futures market, systems for providing indexes and market prices, the PowerBase service for financial institutions, comprehensive financial information terminal(CHECK Expert) for investors, WAN(Stock-Net) which is the infrastructure of the above services and disaster recovery services. Furthermore, Koscom provides digital certificate services(SignKorea) which is the key infrastructure of electronic finance. 

"Koscom's business principle is to make a contribution to the growth on IT infrastructure in the capital market and to raise value of customers with providing the highest quality of technology and services." and "The ultimate goal is to improve our global competitiveness and pursue advancements of the securities futures market by offering globalized IT solutions and maximizing the efficiency and economic value of IT infrastructures systematically linked with computer network system and the stock market" said Lee, Jong Kyu.

Lee especially commented on the certificate service(SignKorea), "we have been trying to do our best to stand as a leader in the global market and we made services available to public." He also added, "With our wide experience and technology we will make every effort to expand digital financial transactions as well as to ensure customers by eliminating the financial risk."

Koscom's digital certificate service took the lead in the domestic market since Koscom has been designated as a certificate authority by government in 2000. Koscom has stably handled more than four thousand trillion Won in digital financial transactions every year. In addition, Koscom achieved CMMI Level 4 and received Asia PKI Best Practice Award in 2007. This indicates that Koscom is a globally recognized corporation with highly developed technology and quality.

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