Financial platform
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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 (NYSE: OCFT).[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]