Tongfang Softbank

Name

Tongfang Softbank

Legal name

大连同方软银科技股份有限公司

Website

https://tfrunning.com.cn

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Dalian-based IT services firm founded in 2005 providing self-developed banking software, system integration, testing, and IT staffing to commercial banks and financial institutions across China.

Ownership category

akta.pro rank

Product category

Banking Software

SIC

Finance Services (6199)

akta.pro primary industry

SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)

Keywords

• Banking software solutions
• Financial IT services
• Core banking systems
• Software development outsourcing
• Banking IT consulting

Headquarters

HQ city

Dalian Shi

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Software Solutions and Consulting Services: Provides custom financial software development and consulting services to banking institutions. Revenue is generated through software licensing, implementation projects, and ongoing IT services including software development, testing services, and human resource outsourcing.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Tongfang Softbank is a professional software service provider that develops and delivers self-developed financial software solutions and IT consulting services for banks and other financial institutions. Its offerings combine packaged industry-specific solutions (banking, finance company, insurance, general) with five core technology modules (technical support, transaction services, data management, customer marketing, channel portal) and three IT service lines (custom software development, software testing, and IT staff outsourcing). The portfolio is purpose-built to support banking operations and digital transformation for financial institution clients in China.

Differentiator

Problem solved

Functional benefit

Products and services

• Banking Solutions (银行行业解决方案) Comprehensive IT solutions tailored for banking institutions, providing self-developed software and consulting services to support banking operations and digital transformation.
• Finance Company Solutions (财务公司行业解决方案) Software solutions designed for finance companies, offering integrated systems for financial management and operational efficiency.
• Insurance Solutions (保险行业解决方案) IT solutions for insurance companies, providing software systems to support insurance business processes and customer management.
• General Solutions (通用解决方案) Versatile software solutions applicable across various industries, offering foundational technology platforms for business automation.
• Software Development Services (软件开发服务) Custom software development services for financial institutions, including design, coding, and implementation of banking software systems.
• Testing Services (测试服务) Software quality assurance and testing services to ensure reliability and compliance of financial software systems.
• Staff Outsourcing Services (人力外包服务) IT professional staffing and outsourcing solutions providing skilled personnel for financial technology projects.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators1 record

Broad incumbents

• Infosys: Global IT services leader with a large Banking and Financial Services practice offering software development, testing, and outsourcing; comparable services portfolio and BFS vertical focus.
• Digital China (DCITS): Major Chinese IT services conglomerate with a significant financial-services vertical; comparable as a broader incumbent operating across banking, insurance, and enterprise IT.
• Tata Consultancy Services (TCS): Global IT services giant with a sizable banking, financial services, and insurance practice; comparable as a global incumbent providing development, testing, and consulting to banks.
• Capgemini: Global IT services and consulting firm with a dedicated Financial Services business unit serving retail and commercial banks; comparable as a broad-incumbent services provider to banks.

Direct peers

• Yusys Technologies: Publicly listed Chinese banking-IT vendor providing software development and consulting for commercial banks; comparable as a direct competitor in Chinese bank core systems and the strategic investor in Tongfang Softbank.
• Sunline Technology: Chinese banking IT solutions provider specializing in core banking, digital channels, and finance-company platforms; closely comparable to Tongfang's banking and finance-company solution lines.
• Hundsun Technologies: Large Chinese financial-software vendor covering banking, securities, and insurance; comparable self-developed software model and enterprise GTM across the same target verticals.
• Advanced Digital Technology (ADTS): Chinese IT services and banking solutions firm offering software development, system integration, and consulting to financial institutions; comparable scale and product mix for Chinese bank IT.
• GRGBanking: Publicly listed Chinese provider of banking equipment and financial IT solutions including transaction services and channel platforms; comparable offerings to Tongfang's transaction services and channel portal modules.
• Temenos: Global banking software platform vendor offering core banking, channels, and data management for retail and commercial banks; comparable product architecture to Tongfang's banking modules.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tongfang Softbank