Longtop reports data integration contract win

Source: Longtop Financial Technologies

Longtop Financial Technologies Limited (''Longtop'') (NYSE: LFT), a leading software developer and solutions provider targeting the financial services industry in China, today announced it has signed an agreement with a city commercial bank in Northern China to provide customized Data Integration services.

This marks Longtop's first contract with the city commercial bank customer.

Longtop will provide comprehensive Data Integration services to the bank customer, including the development of its Operational Data Store (ODS) and Enterprise Customer Information Facility (ECIF) systems. The ODS system will aggregate and store operational data from various business verticals into a centralized reporting system. On top of that, the ECIF system will consolidate the bank's customer information and provide a unified view of customer profiles and fundamental customer data to its Customer Relationship Management (CRM) and E-banking systems.

''We are excited to win this new customer and further strengthen our market leadership in the rapidly growing Data Integration and Business Intelligence areas of China's financial IT solutions market,'' said Weizhou Lian, Chief Executive Officer of Longtop. ''We hope this contract builds a foundation for further business opportunities with this customer."


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