BEIJING, July 27, 2021 /PRNewswire/ -- OneConnect
Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect"), a
leading technology-as-a-service platform for financial institutions
and an associate of Ping An Group, won two awards at the Asian
Banker China Awards during the Finance China 2021 conference in
Beijing on July 22, organized by the authoritative
international financial magazine the Asian Banker.
OneConnect's Know Your Manager (KYM) Smart Investment &
Research Platform won China's Best
Retail Investment Technology Award, while its Big Data Risk
Identification & Early Warning Platform won China's Best Data Analysis Technology Award in
the Risk Control Category, reflecting the technological prowess of
its proprietary solutions.
OneConnect's KYM Smart Investment & Research
Platform leverages Ping
An's decades of research in outsourcing investment,
combining it with the Chinese market's unique characteristics to
provide an integrated platform that covers the end-to-end
investment process. Incorporating in-depth research on public and
private fund products and managers as well as the macro environment
and assets formats, the platform conducts 3D modeling to
effectively realize intelligent investment. Boosted by AI, the
platform empowers fund research, portfolio construction, portfolio
management, risk attribution, performance attribution, report
management, and more, enabling financial institutions to improve
their asset management capabilities.
OneConnect's Big Data Risk Identification & Early Warning
Platform, which operates in real-time and serves banks,
integrates internal and external information to provide corporate
risk profiles, operating conditions, and more. Meanwhile, modeling
by cutting-edge machine learning and other algorithms generate
early warning signals in real-time and feedback signal processing
results to help banks reduce costs and increase efficiency. By
comparing key quantitative indicators before and after the
implementation of client projects, the system helps institutions
significantly shorten transaction times as well as reduce manpower
requirements and training costs, all the while boosting the number
of transactions and active customers to realize revenue growth.
The Asian Banker Awards is one of the most highly-regarded
annual awards ceremonies in the financial services industry. Each
year, the Asian Banker undertakes a rigorous and comprehensive
review of industry players, products, and solutions. OneConnect's
KYM Smart Investment & Research Platform and Big Data Risk
Identification & Early Warning Platform were selected thanks to
their technological innovation and usability, reflecting the
company's technical strengths and the value of their proprietary
innovations.
OneConnect highly prioritizes R&D, dedicating more than
RMB 3.8 billion between 2017-2020. In
the future, OneConnect will continue to invest in developing its
IP, continuously enhance its core technical capabilities, and
accelerate the integration of technology in a wide range of
scenarios to unleash transformation across the wider financial
services sector.
About OneConnect Financial Technology
OneConnect (NYSE: OCFT) is a leading technology-as-a-service
platform for financial institutions. The Company's platform
provides cloud-native technology solutions that integrate extensive
financial services industry expertise with market-leading
technology. The Company's solutions provide technology applications
and technology-enabled business services to financial institutions.
Together they enable the Company's customers' digital
transformations, which help them increase revenue, manage risks,
improve efficiency, enhance service quality and reduce costs.
Our technology-as-a-service platform strategically covers
multiple verticals in the financial services industry, including
banking, insurance and asset management, across the full scope of
their businesses – from sales and marketing and risk management to
customer services, as well as technology infrastructure such as
data management, program development, and cloud services.
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SOURCE OneConnect