Published On: Tue, Mar 4th, 2014

KVH Offers FISC Guideline Compliant Financial Private Cloud Service In Japan

KVH President, Chief Executive Officer and Representative Director

KVH President, Chief Executive Officer and Representative Director

KVH Co. Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, announced on 4 March that it has launched “KVH Financial Private Cloud,” a service that supports financial services audits to comply with the “Security Guidelines on Computer Systems for Banking and Related Financial Institution” (“FISC Guidelines”). These guidelines are issued by the public interest foundation, The Center for Financial Industry Information Systems (“FISC”) and outline the Japanese system operation standards for IT systems within the financial services industry. The KVH Financial Private Cloud service offers a dedicated IT environment including data center space, computing resources, cloud controller orchestration engine and maintenance to customers for a monthly fee. This system is fully managed and is provided with the necessary documents for FISC compliance and on-site inspections during external audits by the Japan Financial Services Agency and other institutions.

With increasing demand for cloud services from financial organizations, enterprise users who implement cloud services in Japan are required to build information systems that satisfy the security standards set by the Japan Financial Services Agency and FISC. Efforts to comply with FISC Security Guidelines are rather burdensome, as the audit is not just document based, but also requires on-site audits by a third party such as the Financial Services Agency.

KVH has a proven track record in providing FISC compliant data center services for over five years, and is launching this Financial Private Cloud service with the goal of reducing the burden on corporate customers facing audits under FISC guidelines.

In addition to the secure private cloud environment operated by “KVH Turbine,” KVH’s cloud controller orchestration engine for controlling physical/virtual servers, the KVH Financial Private Cloud service provides FISC Guideline compliant documents as well as on-site support and explanations for external audits by third parties such as the Financial Services Agency. The service allows businesses to improve cost efficiency through the benefits of cloud technology while significantly reducing the time and effort needed to explain operations or handle external audits as required by FISC Guidelines.

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