OneConnect Financial Technology

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OneConnect Financial Technology Co. Pte. Ltd.
Company typePublic
NYSEOCFT
IndustryFinancial services[1]
financial technology
Founded2015; 11 years ago (2015)[2]
Headquarters,
China
Key people
Ye Wangchun,[4][5] CEO
Lo Wei Jye Jacky,[6] CFO
Services
  • Software
  • Banking
  • Data management
  • AI
  • Fintech
ParentPing An Group[7]
Websitehttp://www.ocft.com

OneConnect Financial Technology Co., Ltd. (OneConnect; Chinese: 金融壹账通; pinyin: Jinróng yīzhàngtōng)[note 1] is a technology-as-a-service platform for financial institutions.[9] The company was listed on the New York Stock Exchange in 2019 (NYSEOCFT).[10] OneConnect is an associate of Ping An Group.[note 2][12]

As of June 30, 2020, OneConnect had served all of China’s major banks, 99% of its city commercial banks, and 53% of its insurance companies.[13][14] In the same year, it was added to the FTSE Global Equity Index Series.[15]

In September 2018, the ALFA intelligent ABS platform was launched.[16]

References

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Notes

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  1. ^ Ping A cloud service helped China's small banks go digital[8]
  2. ^ OneConnect financing platform completed five rounds of testing[11]