Fintech Infrastructure

KT Vice President Nam Gyu-taek (second from left) prepares to cut a ribbon with other officials in the opening ceremony of the new IDC in Yeouido on Sept. 8.
KT Vice President Nam Gyu-taek (second from left) prepares to cut a ribbon with other officials in the opening ceremony of the new IDC in Yeouido on Sept. 8.

 

South Korea's leading mobile carrier KT announced that it would hold an event for the new opening of an Internet Data Center (IDC) exclusively for financial investors in Yeouido on Sept. 8, and start operations on Sept. 9.

An IDC provides IT infrastructure and services such as servers, dedicated Internet connections, and network management and data processing systems to firms and individual customers that need Internet services.

As KT, the number one IDC operator in Korea, has opened the new IDC in Yeouido, the heart of the nation's financial industry, investment firms can now have greater access to the market-based system of Korea Exchange, and be offered all kinds of additional customized services, including communication, data security, recovery, and backups for disasters and cloud services.

In particular, the company said that it has made investments to install facilities, including two fully independent uninterruptible power supply (UPS) systems, two fully independent air conditioning systems, and quadruple and quintuple building security systems, at the new IDC to meet high expectations from customers in the financial sector that requires security and speed.

Moreover, the company has applied a 100 percent Service Level Agreement (SLA), which is the highest level of service standards in the world. Under the agreement, customers can receive compensation if they experience a service interruption even for one second. Accordingly, KT has secured the stability and the operation quality to raise its credibility.

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