CDC Software Expands Distribution of its Pivotal CRM Solution in Asian Financial Services Markets
Pivotal April 15th, 2007Excel Technology to resell Pivotal CRM for Financial Services in Southeast Asia
HONG KONG, March 01, 2007— CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, announced today that it has signed a distributor agreement with Excel Technology International Holdings Ltd of Hong Kong, a wholly owned subsidiary of Excel Technology International Holdings Limited (HKSE: 8048) to resell its Pivotal CRM solution in Greater China and Southeast Asia.
This agreement expands sales of CDC Software’s Pivotal CRM for Financial Services, a customer relationship management solution tailored for the financial services industries, in Hong Kong, China, Singapore, Thailand, and Malaysia where Excel Technology has strong presence.
Excel Technology is a leading IT consulting company that specializes in financial services IT solutions for the banking and finance sectors in Asia. CDC Software’s Pivotal CRM for Financial Services is the industry’s most comprehensive CRM solution specifically tailored for the unique requirements of the financial services market. This solution offers specific functionality for institutional asset management, wholesale asset management (mutual fund wholesaling), capital markets, private banking/wealth management, and commercial banking.
“With Excel’s expertise in the financial services markets and its breadth of distribution operations in Asia, we expect to see further expansion of Pivotal CRM sales throughout the region,” said Eric Musser, president of CDC Software. “Financial services customers around the world can benefit greatly from Pivotal CRM’s out-of-the-box, industry-specific functionality that eliminates the high costs of customization and enables immediate return on investment.”
“We are excited to offer Pivotal CRM in our financial services product portfolio,” said Peggy Chan, CEO and chairman of Excel Technology. “The deep industry-specific functionality in Pivotal CRM will complement our own suite of banking products and will offer our banking and financial services customers greater insight into their operational performance, streamline business processes and improve responsiveness to their client demands.”
About Excel Technology International Holdings Limited
Excel Technology International Holdings Limited [Excel Technology, stock code: 8048, HKSE] is a leading financial technology provider in Asia. Excel Technology provides software and technology to support monetary authorities and central banks, major international and Chinese banks, multinational financial institutions and companies with cross border operations that require regional support. The company’s major business includes IT strategy planning and consulting, provision of Excel Technology’s financial product suites, development outsourcing, and Application Service Provider (ASP) services. Headquartered in Hong Kong, Excel Technology has over 500 staff with offices in Beijing, Hangzhou, Dalian, Shanghai, Shenzhen, Taiwan, Tokyo, Singapore and Kuala Lumpur. Website: www.excel.com.hk.
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