NASDAQ Comp.
26.02.2008 12:30:00
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CDC Software's Pivotal CRM for Financial Services Solution Selected by Leading Asian Systems Integrator
CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ:
CHINA) and a provider of industry-specific enterprise software
applications and business services, announced today that Vectors
Innovation Group (VIG), a leading Asian enterprise solutions provider,
has selected Pivotal CRM for Financial Services as the platform for its
CRM, direct marketing and telemarketing solution designed for the
insurance industry in Greater China.
Through this industry-tailored solution, VIG will help insurance
companies in Greater China to better track sales leads, maximize
marketing campaign efficiencies, and enhance customer loyalty through
Pivotal CRM’s rich functionalities tailored
for the insurance industry.
With operations in the Asia Pacific region including Hong Kong, China,
and Taiwan, VIG provides a full range of enterprise solutions from front
office to middleware to back-end applications. By focusing on end-to-end
business solutions, VIG provides proven technologies and solutions that
help simplify and increase the efficiency and effectiveness of an
organization’s performance. One of the major
business lines of VIG in Greater China provides a total CRM, direct
marketing and telemarketing solution designed for insurance companies.
To achieve revenue growth and higher levels of customer satisfaction,
today’s insurance companies are striving to
improve their core competitiveness and customer relationships. A
scalable, industry-specific CRM solution can help these companies
achieve these goals and maximize the total lifetime value of their
clients.
With proven industry expertise, Pivotal CRM offers rich insurance
industry functionality, a full enterprise application suite, and
best-in-class customization abilities, all with a low total cost of
ownership. Based on Pivotal CRM’s
industry-specific expertise and experience, we believe VIG’s
comprehensive CRM, direct marketing and telemarketing solutions, will
help insurance companies attract, win and retain profitable customer
relationships.
"We believe our customers will benefit from
our total CRM solution and services as we integrate innovative and
proven technologies into our solutions,” said
Alex Cheung, general manager of Vectors Innovation Group. "We
selected Pivotal CRM because of its unique fit to the business processes
of insurance companies and proven track record in the insurance
industry. Moreover, Pivotal CRM is flexible, scalable, and
easy-to-customize, which will help us satisfy our customer needs in the
long term. We also believe CDC Software can help our business continue
to grow through their successful vertical market strategies and highly
experienced workforce.” "Pivotal CRM is one of the most comprehensive
industry-specific applications designed to help enterprises enhance
sales and marketing effectiveness and reinforce their competitive
advantage,” said Edmund Lau, vice president,
Greater China, CDC Software. "As the
insurance industry accelerates its development pace in China, we see a
huge market potential for bringing our solutions to more enterprises
operating in China. As a customer-driven company, CDC Software is
committed to delivering solutions that enable insurance enterprises to
increase their competitiveness and customer responsiveness.” About Pivotal CRM for Financial Services
Pivotal CRM enables clear, competitive differentiation by addressing the
customer-facing needs of financial services enterprises in the capital
markets, commercial and private banking, institutional asset management,
and retail asset management industries. The solution is a highly
flexible, best-in-class suite of CRM applications that are easily
adapted to model the business practices that make each company unique.
The Pivotal CRM software suite includes a powerful application platform
and additional capabilities in analytics, mobile CRM, partner management
and marketing automation.
Designed to produce meaningful increases in revenues, margins, and
customer loyalty, Pivotal CRM is used by more than 2,000 companies
around the world including Allianz Dresdner Asset Management, Farm
Credit Services of America, Federal Home Loan Bank of Atlanta, Julius
Baer Investment Management, Mellon Asset Management, Morgan Keegan &
Company, Vantage Credit Union, Visa International Asia Pacific and The
Ziegler Companies. For more information about Pivotal CRM for Financial
Services, please visit www.pivotal.com/FinancialServices.
About CDC Software
CDC Software, The Customer-Driven Company™,
is a provider of enterprise software applications designed to help
organizations deliver a superior customer experience while increasing
efficiencies and profitability. CDC Software’s
product suite includes: CDC Factory (manufacturing operations
management), Ross ERP (enterprise resource planning) and SCM (supply
chain management), CDC Supply Chain (supply chain management, warehouse
management and order management), Pivotal CRM and Saratoga CRM (customer
relationship management), Respond (customer complaint and feedback
management), c360 CRM add-on products, industry solutions and
development tools for the Microsoft Dynamics CRM platform, Platinum HRM
(human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers
worldwide within the manufacturing, financial services, health care,
home building, real estate, and wholesale and retail distribution
industries. The company completes its offerings with a full continuum of
services that span the life cycle of technology and software
applications, including implementation, project consulting, outsourced
business services, application management and offshore development. CDC
Software is the enterprise software unit of CDC Corporation and is
ranked number 12 on the MBT 2007 Global 100 List of Enterprise and
Supply Chain Management Application vendors. For more information,
please visit www.cdcsoftware.com.
Forward Looking Statement This press release includes "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of
1995, and includes statements relating to the ability of Pivotal CRM to
address the needs of its insurance customers and the ability to help
customers streamline operations, accelerate growth and improve
client relationships with Pivotal CRM software, the ability of customers
to better track sales leads, maximize marketing campaign efficiencies,
enhance customer loyalty, and attract, win and retain profitable
customer relationships with our products, the ability of our customers
to benefit and grow from our solutions, our belief regarding market
potential for our products in China and our continued commitment to
delivering products to insurance companies and other companies in that
market. These statements are based on management's current expectations
and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ
materially from those anticipated in the forward looking statements
including, among others: the conditions of the insurance industry; the
continued ability of Pivotal CRM solutions to address industry-specific
requirements;; demand for and market acceptance of new and existing
enterprise software and services; development of new functionalities
which would allow insurance companies to compete more effectively and
changes in the type of information required to compete in the insurance
business. . Further information on risks or other factors that could
cause results to differ is detailed in filings or submissions with the
United States Securities and Exchange Commission made by CDC Corporation
in its Annual Report for the year ended December 31, 2006 on Form 20-F
filed on July 2, 2007. All forward-looking statements included in this
press release are based upon information available to management as of
the date of the press release, and you are cautioned not to place undue
reliance on any forward looking statements which speak only as of the
date of this press release. The company assumes no obligation to update
or alter the forward looking statements whether as a result of new
information, future events or otherwise.
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