KakaoBank updates data analytics platform with Denodo

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KakaoBank is using the Denodo Platform, a logical data integration and management solution, to support data analysis and utilisation.

Together with its local ally Planit Partners, Denodo provided KakaoBank in South Korea with the platform powered by data virtualisation, and which provides all the features needed to build a data fabric, including real-time integration, management, and distribution of data. 

With data virtualisation, which logically integrates disparate data repositories, the Denodo Platform not only meets the latest requirements for data analysis, including providing the latest data, but also enables a centralised environment for establishing fine-grained and robust data security and data governance capabilities.

Myoungsun Namkung, country manager of Denodo Korea, said they have helped companies in a wide variety of industries, including finance, achieve their business goals and gain competitive advantage based on optimal data management strategies.

“We will continue to actively introduce Denodo’s differentiated technology and global capabilities to Korean enterprise customers,” he said.

The logical integration of diverse data sources improves the efficiency of the entire data management process by enabling quick data discovery, streamlined data operations, and unified management of access authorities. 

In addition, the Denodo Platform’s data catalogue analyses query history to recommend customised data and notify users of frequently sought data. The data catalogue improves the efficiency of the entire data process by enabling easy access to data.

Robin Fong, regional VP of Denodo ASEAN & Korea, said that many organisations in Korea and the ASEAN region have spent the last few years building a lot of data repositories but they are challenged in refining their data strategies to be more integrative. 

“The Denodo Platform allows efficient and seamless real-time collaboration across diverse data platforms, ensuring data security and governance,” said Fong. “This then enables our customers to focus on what truly matters – unlocking new drivers of business value.”