Yucheng Technologies Limited (YTEC) is aleading IT solution and services provider to the Chinese banking industry.Yucheng provides a comprehensive suite of IT solutions and services toChinese banks ranging from system integration and IT consulting, solutionsand software platform, to outsourced operations. Yucheng counts 13 out of the15 top banks in Chinaas its customers, and is especially strong in banking channel management ITsolutions and services, such as web banking and call centers, andrisk/performance management solution consulting & implementation service.It has a 70% market share in China'sweb banking application market calculated based on users. Through itscomprehensive portfolio of products and services built upon the Company'sunique architecture, Yucheng meets the needs of Chinese banks for customizedIT solutions to meet specific business and operations requirements. Led by amanagement team with extensive experience in serving the Chinese bankingindustry, Yucheng has continued to diversify its product offerings and hasestablished an extensive footprint to serve its banking clients nationwide,with 9 subsidiaries and representative offices in Shanghai, Guangzhou, Xi'an,Xiamen, Zhengzhou, Kunming, Nanjing, Changsha and Chengdu currently has morethan 1,200 employees across the country.
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Products and Services |
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| With the liberalization of the banking and financial services industry in China, Yucheng realizes that our clients' success depends on their ability to upgrade their operations, seek technology and outsourced solutions to improve efficiencies, so as to offer their customers a range of financialproducts and services, breadth of services and the level of service quality that are in line with international standards. We help our clients achieve these goals through product breadth and reliability. |
System Integration ¨C A full scope of system integration offerings, covering server, network and storage infrastructure, to help clients design, implement, test and optimize their system performance. As part of the implementation phase, Yucheng also provides hardware and banking peripherals primarily as part of the total solution packages to the customers. |
IT Consulting & Support Services ¨CIT consulting & Support services encompasses consulting and customized solutions services for banks and financial institutions to help banking clients develop IT capabilities to meet the challenges of future business requirements. The IT consulting service mainly consists of IT strategy review, IT strategy formation and IT infrastructure architecture. Yucheng also provides maintenance and enhancement services for banking IT hardware and software systems.
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E-Channel Solution Suite ¨CYucheng e-Channel Solution Suite is the best-of-breed internet banking application solutions suite currently existing in Chinese banking IT solution market. The suite consists of multi-channel integration platform and web banking application software built on J2EE technology. Our e-Channel Solution Suite provides banks with complete solution for service channel integration and management, which allows clients to integrate and better manage its applications such as internet banking, telephone and cell phone banking, and counter system. Also, it provides banking and other financial institutions with a basic J2EE application platform, which can be used to develop J2EE applications and business rules process and data.
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Risk Management Solutions ¨COur risk management solutions offer a range of consulting and implementation services in Risk Management and Performance Management such as Asset and Liability Management, Funds Transfer Pricing, Market risk Management,, Profitability analysis, Treasury and Derivatives pricing and STP processes and other quantitative analysis needs of Financial Institutions in China. In delivering such consulting and implementation services, we partner with the best global solution providers, such as IPS-Sendero, Oracle and Reuters. |
Market Data |
Stock Exchange: NASDAQ
Industry: Technology
Ticker Symbol: YTEC
Total Outstanding Shares:9,528,320 |
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| Legal Counsel |
Graubard Miller
The Chrysler Building
405 Lexington Avenue
New York, NY 10174-1901
www.graubard.com |
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| Investor Relations |
In Beijing
Wei Peng
Direct Line: (86-10) 6442 0533
Fax: (86-10) 6442 1210
Email: pengwei@yuchengtech.com |
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| Transfer Agent |
Continental Transfer & Trust Company
17 Battery Place
New York, NY 10004, USA
Tel: 212.509.4000 |
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| Independent Accountant |
BDO McCabe Lo Limited
8th Floor Wing On Center
111 Connaught Road Central
Hong Kong
Website: www.bdo.com.hk |
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In U.S.A.
Mr. Jim Preissler
Director
Tel: 1-646-383-4832
Email: preissj@gmail.com |
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