KINX Koscom

Koscom

Service IX Peering
SectorIT·IC

Koscom, specializing in building and managing the IT infrastructure for the financial industry, achieved network redundancy and built a fault tolerance system through KINX’s IX.

#autonomousinterconnection #costreduction

Introduction

A Subsidiary Managing the Computing System of the Korea Exchange

Koscom (formerly, Korea Securities Computing Corporation) is a company that efficiently builds and manages various types of computing infrastructure for the financial industry including the securities and derivatives markets and securities companies. As a subsidiary responsible for managing the computing system of the Korea Exchange, it is famous for an authentication certification issuer to the general public.
Recently, through an open API platform, the company created a system for interconnecting with the entire financial investment business sector and established mid- and long-term business roadmaps for four sectors chosen as the industries of the future. It even set a vision to advance into the global markets.

Background

Efforts to Build Safe and Fast System to Respond to Unforeseen Incidents

When it comes to financial institutions, it is critical to establish a fault tolerance system to ensure uninterrupted operation of the computer network under any circumstances. This is because a single computer network interruption has reverberating consequences for society. Also, a fast and constant network transfer rate is essential for online financial transactions.
As a public institution specializing in financial infrastructure, Koscom was also looking for a way to build a system that could provide normal services and ensure fast network speed under any circumstances.

What did KINX do?

Proposal of Local Peering in KINX’s Backbone Network

We proposed that they deploy a network through IX connection (local peering), in addition to their Internet network that was connected to their telecommunications service provider. This was because, in case of network failure of the carrier, it would be possible to continue providing the services by bypassing via KINX’s IX. Another advantage it presented was that it would speed up the network at a much lower cost than the traditional connection costs.
Local peering, a service that is solely offered by KINX in Korea, helps improve the network quality and reduce the Internet connection cost through an interconnection network with capacity of over 1T for peering with major iSPs, SOs and CPs at home and abroad. At present, 3 million people, accounting for approximately 17% of all Internet subscribers in Korea, access the Internet via KINX.

View Details about ‘IX Peering – Local Peering’

Effect

Fault Tolerance Achieved at Reasonable Price

With KINX’s IX (local peering) service, Koscom was able to build a network at a more reasonable cost than expected. Thanks to this, they are now able to provide services without any problems via the IX in case of a failure in their carrier’s network.