Edena Korea (CEO Lee Uk) announced on the 14th that it has signed a joint venture agreement with Silverlake Axis Group, a global financial software company that holds more than 40% share of core banking systems for commercial banks in Asia, to build next-generation global settlement infrastructure, and has officially launched “Edena Nexus Systems,” an independent clearing infrastructure company in Singapore.

This collaboration is attracting industry attention as a case where a major global financial technology company is partnering with a domestic financial technology firm to jointly lead the transition to next-generation financial networks. Under the partnership, Edena Korea will lead master architecture and system design, while Silverlake Axis Group will contribute its enterprise infrastructure assets. In addition, Cantor8, which led the infrastructure design for “Canton Network,” a financial mainnet for Wall Street in the United States, has joined as a strategic blockchain partner to enhance technical completeness.

The project focuses on improving system friction and efficiency limitations inherent in legacy financial structures. To organically connect traditional financial systems with next-generation digital capital markets, the two companies have combined Silverlake’s financial technology with Edena’s proprietary “next-generation distributed ledger real-time book synchronization technology.” In particular, the jointly developed IT integration architecture “EID (EDENA Interface Device)” is a technology that connects and expands systems in a plug-in format without changing the complex internal IT networks of large banks. The plan is to minimize IT failures or security risks at financial institutions and ensure ledger integrity (data that is not tampered with and remains in a correct state). The joint venture will have 100% exclusive global ownership of intellectual property (IP) for this EID system and the “EDENA NEXUS” brand.

The Edena alliance is in working-level discussions with major domestic and overseas financial institutions on the adoption of next-generation global settlement rails. In June, it took its first step toward building the infrastructure in the domestic regulated financial market by signing a business agreement with SK Securities on token securities (ST). The joint venture plans to provide practical solutions that will help traditional financial institutions streamline backend processes and secure global competitiveness amid the growing use of digital assets in global financial markets.

The leadership of Silverlake Axis Group stated, “This joint venture led by Edena will become a new financial infrastructure model that enhances capital efficiency for major banks worldwide,” adding, “It will secure technological capabilities that support the control environments of governments and central banks in the cross-border, next-generation digital financial infrastructure market.”

Edena Korea CEO Lee Uk said, “By stably introducing the ‘Global Finance Orchestration Rail’ into the domestic financial sector, we will take the lead in setting the standard for next-generation global financial settlement rails.”

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