Longtop Financial Technologies has won a contract with a Big Four bank in China to develop a Basel II Risk Management Data Mart, which is a critical part of the customer’s centralized market risk management system.

Longtop will develop a Data Mart that collects transaction and market data from various data sources, makes necessary format transformation, and automatically supplies data to a risk measurement engine. By reducing manual data collection and supply, the establishment of the Data Mart will significantly improve the efficiency and accuracy of the risk measurement process. Longtop will also develop a centralized reporting system of the risk measurement results to help the customer meet related regulatory requirements.