OCFT
OCFT
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OCFT Profile
Oneconnect Financial Technology Co., Ltd.
A leading technology-as-a-service provider for financial institutions in China
Software
10/30/2017
12/13/2019
New York Stock Exchange
1,937
12-31
Depository Receipts (Ordinary Shares)
21/24F, Ping An Finance Center, No. 5033 Yitian Road, Futian District, Shenzhen, Guangdong, PRC
The Group is principally engaged in the provision of cloud-based financial technology solutions, online information services and operational support services (' listing business ') to financial institutions in the People's Republic of China (' China ').
Yan Account Financial Technology Limited was incorporated in the Cayman Islands on October 30, 2017. The company is a leading business technology service provider in China's financial services industry, and continues to expand its business footprint on a global scale. The company's technology solutions meet the significant technology spending needs of financial institutions seeking to accelerate digital transformation and ensure sustainability. The company believes that 'technology + business' is the company's main competitive advantage and the driving force for the company to continue to win customers and cooperate with them. By integrating extensive financial industry expertise and market-leading technology, the company is not only able to provide proven solutions, but also enables the company's customers to apply technology in complex business scenarios, thus simplifying the digitization process for the company's customers. This process enables the company's customers to improve efficiency, improve service quality, reduce costs and reduce risks. As of September 30, 2021, the company's broad, high-quality and growing customer base includes 100% of large and joint-stock banks in China, 98% of city commercial banks, 63% of property insurance companies and 47% of life insurance companies. According to the data of Insight Consulting, the company ranks second among the listed Chinese TaaS providers in terms of financial software and service revenue in 2020.