OneConnect Financial Tech Co Ltd ADR (OCFT) Sector
Information Technology

(Current) $2.48
-0.08 (-3.13%) Open Price: 2.50

 

OneConnect Financial Technology Co., Ltd. is a leading technology-as-a-service platform for financial institutions in China. The company was founded in 2015 and is a subsidiary of Ping An Insurance Group, one of China's largest financial services conglomerates. OneConnect provides comprehensive solutions to banks, insurance companies, and asset management firms, leveraging cutting-edge technologies such as artificial intelligence, blockchain, cloud computing, and big data analytics.

 

The company's OneConnect Smart Platform (OSP), offers a wide range of services to help financial institutions improve operational efficiency, risk management, and customer experience. The platform includes modules for digital banking, digital insurance, and digital asset management, providing end-to-end solutions for various financial services.

 

OneConnect is listed on the New York Stock Exchange (NYSE) in the form of American Depositary Receipts (ADRs). These ADRs represent shares of the company's common stock and allow international investors to trade the company's securities on the U.S. stock market.

 

OneConnect's solutions have been widely recognized and adopted by financial institutions across China. The company serves a broad customer base, including banks, insurers, and asset managers of all sizes. Its technology-driven solutions enable financial institutions to enhance their digital capabilities, streamline operations, and deliver more personalized and efficient services to their customers.

 

In addition to its core solutions, OneConnect also offers value-added services such as risk management consulting, compliance support, and data analytics. These services further strengthen the company's value proposition and help financial institutions navigate regulatory challenges and market uncertainties.

 



 

(11/29/24) $2.50
(12/03/24) $2.56
(12/03/24) (Qty.)9,424
(11/29/24) $2.41
(11/29/24) $2.52
(11/17/24) $2.08
(11/10/24) $2.75
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