OneConnect named among the 2022 IDC China Fintech Top 50 companies for the third consecutive year

Authorized Huaxia Bank’s project to win 2022 IDC China Financial Industry Technology Application Scenario Innovation Award

SHANGHAI, 22 August 2022 /PRNewswire/ — OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, stock code: 6638.HK), the leading technology-as-a-service (“TaaS”) provider, was included as part of the 2022 IDC China Fintech Top 50 for the third consecutive year at the 2022 IDC Digital Finance Awards in Beijing held on August 18. Awarded by the International Data Corporation (“IDC”), the award recognizes the company’s outstanding performance in “technological empowerment”, “innovations and transformations” and “financial services”. Further, Huaxia Banka OneConnect customer i Chinawon the 2022 IDC China Financial Industry Technology Application Scenario Innovation Award for its Big Data Risk Identification & Early Warning Platform (“Dragon Shield System”) enabled by OneConnect’s technology.

IDC is the world’s leading technology market research institution known globally for its authoritative and credible reports. It is also the first international market research institution to enter China. The “IDC China FinTech Top 50” list was launched in 2020 with the aim of recognizing fintech service providers that offer financial institutions advanced technology and fintech solutions that address pain points or lead to the development of dedicated services for various financial institution scenarios. It aims to provide the market with a comprehensive insight into China’s fintech ecosystems assess their digitization capabilities and contribute to the business growth of financial institutions.

OneConnect is the first TaaS provider to complete a dual primary listing on both the Hong Kong Exchanges and Clearing Limited and the New York Stock Exchange. OneConnect integrates extensive financial services industry expertise with best-in-class technology to provide applications and technology-enabled business solutions to financial institutions. The company’s solutions help customers implement digital transformation that improves efficiency, improves service quality, and reduces cost and risk.

As an employee of Ping Anthe company has exploited Ping An’s three decades of experience in the financial sector. The company has established long-term cooperation with financial institutions to meet their demands for digital transformation. The integrated solutions and platform the company provides include Digital Banking, Digital Insurance and Gamma Platform, the latter a technological infrastructure platform for financial institutions. IN September 2021the company promoted the strategy of “A body and Two Wings” and expanded its service offerings to government, regulatory and corporate clients to support the overall digital transformation of the financial services ecosystem. In addition, the company has successfully exported “Made in China” technology solutions for foreign financial institutions. The company has served more than 100 customers in 20 countries and regions, mainly in Southeast Asia.

Given the increased uncertainty in the post-epidemic era, IDC has stated that the financial services industry will face new challenges. Financial service providers are currently focused on improving digitized customer experience, enhancing financial scenarios with cutting-edge technologies and developing fintech solutions that better serve the real economy, strengthening risk monitoring and assessment in line with regulatory guidelines, thereby preventing the occurrence of systemic risks. promote digital transformation of China’s the financial sector lays the foundation for a digital future.

In the future, OneConnect will continue to optimize products and solutions for the fintech sector as well as develop cutting-edge technological innovations to strengthen, reshape and promote the high-quality development of the financial sector. industry.

About OneConnect financial technology

OneConnect Financial Technology Co. Ltd. (the “Company”) is a leading technology-as-a-service platform for financial institutions. The globally recognized company is a high-tech enterprise that listed on the New York Stock Exchange in 2019 (NYSE: OCFT) and achieved a dual primary listing in Hong Kong in 2022 (HKEX: 6638). The company integrates extensive financial services industry expertise with market-leading technology to provide technology applications and technology-enabled business services to financial institutions. These solutions enable our customers’ digital transformations, which seek to increase revenue, manage risk, improve efficiency, improve service quality and reduce costs.

OneConnect is affiliated with Ping An Group. Leveraging Ping An Group’s extensive experience of over 30 years in financial services, OneConnect has established long-term relationships with financial institutions to serve and accurately meet their digital transformation needs. Beyond its expertise and experience as a leading provider of digital banking solutions, OneConnect also actively promotes digital transformation for financial institutions and offers trade, credit, supply chain, data security, risk management and other related scientific and technological services for government, regulatory and enterprise users. The company currently serves more than 20 countries and regions.

OneConnect has world-leading financial services technology capabilities in AI, Big Data Analytics, Blockchain and Financial Cloud. Per 31 December 2021, the company had filed 5,652 global patent applications, including 1,525 foreign patent applications. The company has also won 61 international professional awards, including four consecutive IDC Awards, the prestigious Wu Wen Jun AI Science and Technology Award, the BAI Global Insurance Certification Award, the first prize in the OMG Micro-expression Competition, the first prize in machine learning in the DROP Leaderboard and the international CMMI5 – the certification.

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SOURCE OneConnect