Founded in 1995, Pactera Technology International Ltd. (hereinafter referred to as Pactera) is the only IT service and solution provider in China that has realized global delivery. It has gathered more than 30,000 professionals from China and overseas to provide world-class services, including digitalized consulting and experience interaction, to global clients.
Thanks to its rich experience in the high-tech and finance industries, accumulated over the last 23 years, it has established long-term cooperative relationships with 154 Fortune Global 500 companies. Boasting a wide global corporate structure, it provides global clients with 24/7 one-stop services covering enterprise application, commercial intelligence, and cloud computing in over 200 languages through its 54 sub-centers in 17 countries including the US, Japan, and China.
Pactera’s development experience in the artificial intelligence and finance industries has enabled it to develop a core banking system that manages 15 trillion accounts. It supports transactions and settlements worth nearly 600 billion USD in the import & export trade and non-trade fields. Its big data technology supports the trading of stocks by 92.7 million investors in China’s securities market and manages over 50% of the trade volume of the Tokyo Stock Exchange.
Pactera Shanghai Branch was established at the beginning of the 21st century, composed of four business units – the European and American Business Unit, the Financial Business Unit, the Chinese Business Unit, and the Japanese and Asia-Pacific Business Unit. Employing more than 4,700 professionals, it is committed to R&D in the finance and big data fields. Relying on Shanghai as a global financial center, Pactera Shanghai Branch continues to provide customers from the finance industry with services covering the whole value chain, from consulting to testing, as well as focusing on the application of AI technology in the banking, insurance and securities industries. Based on the deep learning ability of AI, it has developed an innovative R&D and application system for self-service banking to provide customers with self-service banking and robo-advisor solutions.
Over the course of its development, Pactera has obtained over 40 software copyrights, registered nearly 30 software products, and developed a number of core R&D projects. Pactera’s Weiju software, encompassing a financial big data platform as well as a financial big data security monitoring system, is well recognized.
In 2018, Pactera was awarded the “Excellent Case” Prize at the 22nd China International Software Expo, was selected as one of China’s Top 100 Enterprises for Comprehensive Competitiveness in Software & IT Service 2018, and ranked 49th on the IDC Financial Insights FinTech Rankings Top 100. In the same year, Pactera’s AI Business Headquarters was set up in Xuhui District of Shanghai. This new unit is dedicated to AI technology and its industrial applications, as well as the R&D of intelligent administration systems. In the future, it will be engaged in the construction and management of the Xuhui District Public Service Platform (application scenario).
In the future, adhering to its mission statement of “developing the world’s leading digital technologies, and creating value with industrial services”, Pactera will continue to update its business model and help customers realize the maximum commercial value to achieve a win-win outcome.