Soochow Fintech
Digital IT solutions for institutional asset management.
| Date | Investors | Amount | Round |
|---|---|---|---|
CNY3.0m | Angel | ||
| Total Funding | 000k | ||
Soochow Fintech, formally known as Dongwu (Suzhou) Financial Technology Co., Ltd., is a financial technology service company established on June 10, 2015. The company was initiated by Soochow Securities (601555.SH), a publicly-listed securities firm, in conjunction with other key shareholders including Sunjesoft (300377.SZ) and Alpha Group (002292.SZ). The current legal representative is Li健.
The company provides digital IT solutions and custom development services for financial institutions. Its core business focuses on asset management service system solutions for clients such as securities firms, funds, insurance companies, banks, and trusts. Soochow Fintech's product lines cover market data and information, quantitative investment research, quantitative trading, compliance and risk control, performance attribution, and high-speed trading systems. One of its key offerings is the "Yun Chi" series, which includes an intelligent algorithm trading platform and a rapid trading system designed to provide low-latency order processing. The company also offers a one-stop wealth management platform that integrates information, market data, trading, and analytics for retail investors.
The firm's business model is centered on leveraging its shareholders' resources and its own technological expertise to deliver specialized financial IT services. Revenue is generated by providing these IT solutions and development services to its institutional client base. Since its inception, Soochow Fintech has achieved several milestones, including completing a Series A financing round of 400 million RMB in August 2016 and receiving numerous accolades such as being named a "Specialized, Refined, and New" enterprise in Shanghai in 2022.
Keywords: financial IT solutions, asset management systems, quantitative trading platforms, compliance and risk control, high-speed trading, wealth management technology, securities IT, fintech services, institutional trading solutions, financial data services, algorithm trading, performance attribution, investment research systems, custom financial software, digital transformation for finance