18 Aug, 2016

[News] I-ON online securities trading solution to dominate Indonesian market

SEOUL, South Korea – 18 August, 2016 – I-ON Communications Co., Ltd. ( ), a leading solutions and services provider of enterprise-level unstructured data management with 1,000+ customers globally, today announced that it has successfully implemented a MNC Online Security Trading Solution for MNC Securities in Indonesia (


Ranked top 10 out of approx. 130 securities companies, MNC is now able to service online securities trading supporting any client including PC, smartphone, tablets, smartwatch through an integrated framework. I-ON had earlier provided such system with eTrading (now part of Mirae Asset) in Indonesia and there’re some more deals with Indonesian securities companies that are currently under discussion.


Having its JV in Jakarta, I-ON has deep understanding of what difficulties Indonesians have been facing in terms of IT – customer support in maintenance – and been able to provide local technical support. I-ON’s success story of online securities trading system in Indonesia market can be attributed to Korea’s excellent framework for client development technologies and knowledge of the local network infrastructure that is different from the one in Korea. NIPA, a National IT Industry Promotion Agency is also the catalyst of this success by mentoring Korea SMEs for software export. I-ON Communications is a well-received Korean vendor expanding its software business to other countries.


“We expect more than US$5M deals in total with six companies in Indonesia in the near future and this would give us a solid foothold to go forward to become a global top 100 software company.”, said James Oh, CEO of I-ON.


About MNC Securities

PT MNC Securities, a securities company, operates as a broker-dealer, underwriter, and investment manager in Indonesia. It provides transaction funding services for retail customers; and serves orders of corporate/institutional customers and high net worth customers in stock exchange. The company also offers research services in stock trading and investing activities, as well as periodical information to customers or relations through Bhakti Research Division, a research product. In addition, it provides fixed income instruments, such as bonds, convertible bonds, government bonds, promissory notes, medium term notes, and commercial papers, as well as FRN, MTN, and repo products for retail and institutional customers. Further, the company conducts corporate finance activities that comprise restructuring, merger and acquisition, underwriting, and origination and syndication in capital markets industry. Additionally, it operates an online trading system under the MNC Trade name. The company was formerly known as PT Bhakti Securities and changed its name to PT MNC Securities in 2010. The company was founded in 1989 and is headquartered in Jakarta, Indonesia. PT MNC Securities is a subsidiary of PT MNC Kapital Indonesia Tbk.(source: Bloomberg)


About I-ON Communications Co., Ltd.

I-ON Communications has been providing enterprise-class unstructured data management solutions and services since its establishment in 1999. With strong market presence in Korea and Japan, its expertise in Enterprise Content Management solutions has proven track records by 1,000+ commercial references and a wide range of projects with government, world renowned partners. Its offerings encompass Web Content Management, Electronic Document Management, Digital Asset Management and Demand Response Management in Smart Grid / Smart City. I-ON was awarded 2014 Red Herring Top 100 Asia, Gartner Magic Quadrant for WCM 2014 as ‘a vendor may meet your needs’ and multilateral joint R&D project Eureka, ITEA3.


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