CDC Software Expands Distribution of its Pivotal CRM Solution in Asian Financial Services Markets
Excel 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.”
Filed under: Pivotal
