OneConnect Financial Technology (OCFT)

Overall impact
D (39)

Commentary

OneConnect Financial Technology is a below-average overall performer. With a 'D' rating of 38.7 for overall impact (bottom 25% of all companies), OneConnect Financial Technology ranks 86th out of 94 industry peers, behind 3Pea, Calvert, Eagleline Acquisition and 82 others, and ahead of Mogo Finance Technology, XP Incorporated, EHang Holdings and 5 others. On top material causes for OneConnect Financial Technology's industry (Financial Services), OneConnect Financial Technology performs poorly in Reduced Availability of Weapons (22.8 score), Affordable, Safe Housing (30.9), Reduced Inequality (36.5) and 9 other causes where it received a 'D' or 'F' score. OneConnect Financial Technology did not receive an 'A' rating on any cause.
Impact
Cause OCFT
Peer rank
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Company
Founded
2015
Employees
1,981
Sector
Financials
Industry
Financial Services
Sub-industry
Specialized Finance
SASB industry
Consumer Finance
Headquarters
China
Share classes
OCFT
Description
OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App that provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business. It also provides intelligent product development platform for banks, which allows to shorten product development cycle, enhance speed to market, and facilitate product portfolio management; Regtech, an end-to-end regulatory solution for financial regulatory authorities; asset-liability management solution that offers analytics to enhance financial institutions asset liquidity performance; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing under intelligent property and casualty insurance and life insurance solutions. In addition, the company offers AI Gamma Vision that enhances deepfake detection, risk mitigation, and fraud prevention capabilities; digitalized services; and security architecture, a secure and trusted environment throughout the data life-cycle. Further, it provides software and technology, information transmission, technology promotion and computer application, information technology advisory, E-commerce security certificate administration, insurance survey and loss adjustment, and asset management and consulting services. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.
Material causes
Ethos considers the following causes material for OneConnect Financial Technology, based on its industry sub-industry Specialized Finance. Learn more about material causes in our methodology overview.

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