Recently, the Shanghai Municipal Commission of Economy and Informatization (SHEITC) officially released the list of the “2024 Top 100 Shanghai Software and Information Technology Service Enterprises” and the “Top 100 High-Growth Enterprises.” Leveraging its continuous innovation and deep-seated business expertise in the banking IT solutions sector, Agree Technologies (Agree Tech) was successfully selected as one of the “2024 Top 100 Shanghai Software and IT Service Enterprises.”

The selection process was based on the operating revenue reported by enterprises from 2021 to 2023. Candidates were ranked according to their annual revenue scale and growth velocity. The final list was determined following recommendations from the Shanghai Software Industry Association and district-level competent departments, supplemented by credit inquiries and formal enterprise confirmation. Notably, the entry threshold for the Top 100 reached nearly 1 billion RMB. These flagship enterprises account for nearly half of the city’s total revenue in the software and information service industry, demonstrating a significant industry-leading role.

Figure 1: Certificate: 2024 Top 100 Shanghai Software and IT Service Enterprises

Agree Tech has long remained committed to a path of independent R&D and innovation. The company focuses on building core technological capabilities in foundational software platforms. It has developed a unique infrastructure suite comprising component-based technical platforms, graphical development tools, and core runtime platform engine technologies. These have formed Agree Tech’s signature proprietary platforms, such as the Agree Financial Channel Cloud Platform (AB5) and the Agree Financial Business Cloud Platform (AFA5), which serve as the backbone for the company’s diverse range of solution products.

To date, Agree Tech’s portfolio of banking IT solutions has encompassed all critical business domains, including:

• Smart Branches (including next-generation counter business systems)
• Intermediary (Fee-based) Business
• Payment and Clearing
• Channel Management
• Digital Operations Analysis
• Open Banking
• O&M Monitoring and IT Governance

This forms a comprehensive, all-category solution portfolio covering banking channels, business operations, and management. According to the industry report released by CCID Consulting in June 2024, Agree Tech continues to maintain a leading position in China’s banking IT solutions market. Specifically, in the sub-market of “Channel Service Solutions — Smart Branches” (an evolution of the original counter transaction solutions), Agree Tech has ranked No. 1 for several consecutive years. The company also demonstrates strong competitiveness in multiple segments such as intermediary business, payment and clearing systems, remote banking, and open banking.

In the current context of booming AI technology, Agree Tech is actively embracing new technological frontiers. By clarifying its core advantages and industry positioning, the company fully utilizes internal and external resources to deepen its presence in industry-specific scenarios. This is achieved by integrating technology with business accumulation, fostering technical talent, and expanding industry ecosystem partnerships to continuously enhance product-technology adaptability and build a unique core competitive edge.

In the banking channel sector, Agree Tech has established broad cooperation with Tencent Cloud to drive the implementation of AI technology in financial use cases. Concurrently, the company is actively building partnerships in the hardware system domain. A prime example is its leadership in the Beijing Fintech Industry Alliance project: “Research on ITAIC Heterogeneous AI Chips and Large Language Model-Assisted Financial Application Development.” Furthermore, Agree Tech is exploring on-premise (private) deployment support for ITAIC (IT Application Innovation) with partners like Huawei, providing a robust safeguard for the secure and stable operation of critical banking systems.

Looking ahead, Agree Tech will continue to leverage its core advantages, driving technological innovation and service upgrades within the banking sector, and contributing further to the high-quality development of the industry.