Yucheng Technologies Named Among Top 100 Global Financial Technology Providers
|
| Posted
:
Tue, 03 Nov 2009 12:00:41 GMT |
| Author
:
Yucheng Technologies Limited |
| Category
:
Press Release |
| News Alerts by
Email ( click
here ) |
|
|
|
|
BEIJING, Nov. 3 Yucheng-Award
BEIJING, Nov. 3 /PRNewswire-Asia-FirstCall/ -- Yucheng Technologies
Limited (Nasdaq: YTEC), a leading provider of IT solutions to China's banking
industry, today announced that it is ranked on the FinTech 100 for the second
year.
The FinTech 100 ranks the top 100 global application/service providers,
which derive more than one third of revenues from the financial services
industry and have multiple technologies. Key applications for consideration in
the banking sector include, core processing, branch, teller, loan management,
credit card, mortgage origination, CRM, online banking, collections, cash
management, trade finance, treasury services and funds transfer.
As a total solution provider, Yucheng strives to meet any banking need
from front office solutions, such as e-banking, to back office, with risk
management. Yucheng currently has the widest portfolio of IT solutions
targeted to banks in China.
"Yucheng's exclusive focus on the banking sector in China makes it
uniquely able to provide customized solutions that meet banks' rapidly
developing requirements," stated Mr. Weidong Hong, CEO of Yucheng Technologies.
"This win acknowledges the importance of the Chinese banking market and
Yucheng's contribution to developing superior solutions for banks."
The FinTech 100 is an annual international listing of the top technology
providers as named by American Banker, Bank Technology News (BTN) and IDC
Financial Insights. The FinTech 100 survey has been tracking industry leaders
for the last six years.
About Yucheng Technologies Limited
Yucheng Technologies Limited (NASDAQ: YTEC) is a leading IT service
provider to the Chinese banking industry. Headquartered in Beijing, China,
Yucheng has approximately 2,200 employees and has established an extensive
network for serving its banking clients nationwide, with subsidiaries and
representative offices in 23 cities. Yucheng provides a comprehensive suite of
IT solutions and services to Chinese banks including: (i) Channel Solutions,
such as web banking and call centers; (ii) Business Solutions, such as core
banking systems, foreign exchange and treasury management; and (iii)
Management Solutions, such as risk analytics and business intelligence.
Yucheng is also a leading third-party provider of POS merchant acquiring
services in partnership with banks in China.
Safe Harbor Statement
This press release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Forward-looking statements generally
can be identified by the use of forward-looking terminology, such as "may,"
"will," "expect," "intend," "estimate," "anticipate," "believe," "project" or
"continue" or the negative thereof or other similar words. Such forward-
looking statements, based upon the current beliefs and expectations of
Yucheng's management, are subject to risks and uncertainties, which could
cause actual results to differ from the forward looking statements. The
following factors, among others, could cause actual results to differ from
those set forth in the forward-looking statements: current dependence on the
PRC banking industry demand for the products and services of Yucheng;
competition from other service providers in the PRC and international
consulting firms; the ability to update and expand product and service
offerings; retention and hiring of qualified employees; protection of
intellectual property; creating and maintaining quality product offerings;
operating a business in the PRC with its changing economic and regulatory
environment; and the other relevant risks detailed in Yucheng filings with the
Securities and Exchange Commission. The information set forth herein should be
read in light of such risks. Yucheng assumes no obligation to update the
information contained in this press release.
For further Information, please contact:
Rebecca Alexander
Tel: +1-914-613-3648 (U.S.)
Tel: +86-10-5913-7998 (China)
Email: ralexander@yuchengtech.com
SOURCE Yucheng Technologies Limited
|
Copyright © 2008
PR Newswire. All rights reserved.
|
|
|
|
|
Related
News
Ryan Mallett, Jeremiah Masoli, Shane Vereen and Deunta Williams Announced as Week Twelve Nominees for the AT&T All-America Player of the Week Award
ATLANTA, Nov. 22 /PRNewswire/ -- Four nominees for the AT&T All-America Player of the Week award have been announced after the twelfth week of college football action, and AT&T* is relying on fans to determine who rules the gridiron.
Based on outstanding performa...
Vancouver Label Flaming Angels Celebrates 10th Anniversary
VCAD instructor Miriam Melanson passes along her advice to aspiring designers/I/P
PVancouver, BC (PRWEB) November 22, 2009 -- What has become an institution in the Vancouver Goth scene, humbly began ten years ago as the vision of design school grad, Miriam Melanson. Looking to take her ...
ViSalus Sciences® Launches Initiative to Help Feed Hungry Children in Local Communities
In an Effort to Impact the Lives of Hungy Children Across the World, ViSalus Sets Goal to Donate 100,000+ Healthy Meals through the Body By Vi™ Community Challenge to Local Communities/I/P
PLos Angeles, CA (PRWEB) November 22, 2009 -- At a recent ViSalus Sciences® national co...
Kerio Appoints Industry Veteran Pavel Suk as Vice President of Engineering SAN JOSE, CA -- 11/22/09 --
Kerio Technologies, Inc., a leading provider
of Internet security and messaging solutions, today announced that Pavel
Suk has joined the company's executive management team as vice president of
Engineering. Bringing more..
Leading VAR of New and Refurbished Networking Equipment Launches Network Analysis and Troubleshooting Services
Abacus Solutions delivers Network Services designed to ease the burden off of IT departments. The company boasts a staff of in-house, experienced engineers and an extensive in-stock inventory of new and refurbished networking equipment./I/P
PMarietta, GA (PRWEB) November 22, 2009 -- Ab...
BQDRI and PROJACS INTERNATIONAL sign MOU to support the implementation of sustainability DOHA, Qatar -
BARWA and Qatari Diar Research Institute (BQDRI), that focus on studies
about new knowledge in sustainability and its application, and
Get Moving Catalog Launches DiabetesMiami.Com, A Fundraising Initiative with the American Diabetes Association of Southeast Florida. (EMAILWIRE.COM, November 22, 2009 ) Miami, Florida - As charities and non-profits struggle in difficult economic times, many are seeking new approaches to improve their fundraising efforts. In that vein, the American Diabetes Association of Southeas..
|
|
|
|
|
|
|
|
|