COOCON and NICE Info Service Partner to Expand Information Service Distribution and Collaborate on New Data-Driven Businesses

Plans to Provide NICE Info Service through "COOCON.net"

Combining Financial and Non-Financial Data with Credit Evaluation Expertise

Joint Development of New Products and Business Models

On August 4, business data platform company COOCON announced that it had signed a strategic business agreement with comprehensive credit information company NICE Info Service to expand the distribution of information services and discover new data-driven businesses.

From the left, Kim Jonghyun, CEO of COOCON, and Kim Jongyun, CEO of NICE Information Service, are taking a commemorative photo after signing a strategic business agreement on the 3rd at the NICE Information Service headquarters in Yeouido, Seoul, to expand information service distribution and discover new data-driven businesses. COOCON

The signing ceremony took place the previous day at NICE Info Service's headquarters in Yeouido, Seoul, and was attended by key executives from both companies, including Kim Jonghyun, CEO of COOCON, and Kim Jongyoon, CEO of NICE Info Service.

First, the two companies will consider supplying NICE Info Service’s main offerings, such as corporate information and identity verification services, through “COOCON.net.” Through this collaboration, COOCON aims to strengthen its internal data and information service portfolio, while NICE Info Service expects to expand its sales channels. COOCON.net is the nation’s largest application programming interface (API) store, connecting data from over 500 domestic institutions and 2,000 institutions in more than 40 countries worldwide through more than 300 APIs.

Additionally, the two companies plan to pursue new data-driven businesses by combining COOCON’s financial and non-financial data collection and connectivity capabilities with NICE Info Service’s credit evaluation modeling.

The scope of overseas business cooperation will also be expanded. COOCON will leverage its global data collection and connectivity expertise to support NICE Info Service in securing and connecting with local data needed for its overseas credit information (CB) business. Through these efforts, both companies aim to identify new business opportunities.

CEO Kim Jonghyun said, “This agreement will serve as an opportunity to further enhance the competitiveness of information services on COOCON.net. Together with NICE Info Service, we will concretize new data products and business models, and achieve tangible results in the global data business as well.”

CEO Kim Jongyoon stated, “The agreement will help us secure new customers and markets. We will gradually expand our collaboration, from increasing the distribution of current offerings such as corporate information and identity verification, to launching new data-driven services and overseas CB businesses, thereby establishing a sustainable growth foundation for both companies.”

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