• The KIPS Transactions:PartD
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• v.19D no.1
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• pp.95-104
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• 2012

The main purpose of this paper is to propose the direction of financial IT development in macro-perspective. And it also shows a theoretical basis on the financial IT system that will be progressed with regard to an empirical model on the basis of the transformation process of the domestic financial IT environment for the future. In the process, this research produces and analyzes the meaningful patterns that have a significant influence on the financial IT development for 40 years, and attempts to backtrack the life-cycle of the core-banking model. This paper can be summarized as follows: Firstly, I analyzed the life-cycle of financial IT system in Korea per 10years. Secondly. The life-cycle of core-banking model is analyzed by 11years on the average and the one of the long term model by 33years. Thirdly, from the earlier days, the models of a long-term survival core-banking have been designed and developed through the objective analysis and bench-marketing. Lastly, the financial IT field should be developed into the integrated industry, and systematization of core-banking model studies and more professionals need to be extended. This research has contributed to provide the new frameworks through the analysis of the core-banking model that has not studied obviously for a long time. The paper involves two related sections, the first section deals with the significance of backtracking in core-banking model and also focuses on the key components from the perspective of financial IT management strategies. Based on the process, the second section figures out the life-cycles of actual core-banking model.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.7
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• pp.3194-3200
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• 2012

The aim of the paper is systematically to organize the historical facts of financial IT development process through various tracking and proved knowledge, it is to propose the direction and the advanced frame of core-banking model in next generation for the year 2020s. To achieve it, this study variously analyzed the meaningful pattern of development process of financial IT by backtracking life-cycle of Core-Banking model and it presented new model of Core-Banking for the past 40 years. In research findings, the life cycle of financial IT system and core-banking model have been analyzed about 10 years and the longest model of life cycle is about 33 years. As a result, It proved to be desirable that the advanced frame of the Core-Banking model adds the functions of business hub and product life cycle management to basic frame of its existing model in the future. In addition, big bang development method of new next generation system must be sublated. Also, They need to be initiated more business-oriented than IT-oriented. Along with this, the financial IT should be developed into the convergence industry, and it needs to extend the systematization of Core-Banking model studies and more professionals. Finally, this study has arranged the financial IT development process in domestic and presents new frame through analyzing intensively the Core-Banking model for the first time Therefore, it can be contributed to serve the guideline regarding the direction in new next generation system.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.12
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• pp.7317-7323
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• 2014

Banks are preparing the system for the new concept of the 2020's. The framework of the core-banking solution is that various demands must be accommodated. In addition, the development process of new system must solve problems, such as obtaining the economic feasibility and expandability as well as minimizing the risk elements. This study verified the superiority of converging framework by analyzing the framework of new converging core-banking solution that can accommodate the current core-banking solution and future requirements. In addition, the study proposed application methods and the pros & cons of a converging framework. The migration effects and successful elements for changing to a new system are proposed.

• Information Systems Review
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• v.14 no.1
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• pp.1-19
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• 2012

A large-scale IS development project takes a long time, thus its project manager needs to be more careful on risk management. In particular, appropriate cutover decision making is critical in large-scale IS development projects because the opening of the large-scale IS significantly impacts the organization. Regardless of its importance, cutover decision making in conventional IS development projects has been done in a quite simple way. Conventional cutover decisions have been made by considering just whether the new IS operates or not from the system, application, and data implementation perspectives. However, this approach may lead to unsatisfactory performance or system failure in complex large-scale IS development. Under this background, we propose a new framework for cutover decision making on large-scale IS projects. To validate the applicability, we applied the framework to a core banking system development case. The case study shows that our framework is effective in proper cutover decision making.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.16 no.4
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• pp.778-784
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• 2012

A symmetric block cryptosystem uses an identical cryptographic key at encryption and decryption processes. HIGHT cipher algorithm is 64-bit block cryptographic technology for mobile device that was authorized as international standard by ISO/IEC on 2010. In this paper, block cipher HIGHT algorithm is designed using Verilog-HDL. Four modes of operation for block cipher such as ECB, CBC, OFB and CTR are supported. When continuous message blocks of fixed size are encrypted or decrypted, the desigend HIGHT core can process a 64-bit message block in every 34-clock cycle. The cryptographic processor designed in this paper operates at 144MHz on vertex chip of Xilinx, Inc. and the maximum throughput is 271Mbps. The designed cryptographic processor is applicable to security module of the areas such as PDA, smart card, internet banking and satellite broadcasting.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.20 no.4
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• pp.786-792
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• 2016

Camellia was jointly developed by Nippon Telegraph and Telephone Corporation and Mitsubishi Electric Corporation in 2000. Camellia specifies the 128-bit message block size and 128-, 192-, and 256-bit key sizes. In this paper, a modified round operation block which unifies a register setting for key schedule and a conventional round operation block is proposed. 16 ROMs needed for key generation and round operation are implemented using only 4 dual-port ROMs. Due to the use of a message buffer, encryption/decryption can be executed without a waiting time immediately after KA and KB are calculated. The suggested block cipher Camellia algorithm is designed using Verilog-HDL, implemented on Virtex4 device and operates at 184.898MHz. The designed cryptographic core has a maximum throughput of 1.183Gbps in 128-bit key mode and that of 876.5Mbps in 192 and 256-bit key modes. The cryptographic core of this paper is applicable to security module of the areas such as smart card, internet banking, e-commerce and satellite broadcasting.