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Vanguard Technology teams up with Wing Hang Bank to launch a New Platform for Human Resource Management

 
 
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¡¡¡¡Recently, news of victory come from Vanguard Technology one after another. After comprehensive researches and assessments by many famous software manufacturers, Wing Hang Bank (China) Ltd (Hereinafter referred to as Wing Hang Bank) finally signed a contract with Vanguard Technology.

¡¡Since the return of Hong Kong to our country, we have gone through great influences from the Asian Financial Crisis, the September 11 attacks, the downturn of world economy and the rampant SARS, etc. On June 29th, 2003, China and Hong Kong signed the CEPA agreement. Wing Hang Bank is among the first Hongkong-owned banks that are approved to set up a branch in Shanghai since the implementation of CEPA. Wing Hang Bank was founded in Guangzhou in 1937, being a Yinhao (an old-style private bank) doing exchange business exclusively. In 1991, it set foot on the domestic market again and set up a representative office in Shenzhen which became the Wing Hang Bank Limited Shenzhen Branch two years later. This bank has always been expanding its domestic business and distribution network, setting up representative offices, branches or subbranches in Guangzhou, Shanghai and Beijing, etc. in the next 10 years or so, providing clients with comprehensive services both in RMB and foreign exchange.

¡¡¡¡In order to solve the problem that the bank spans a wide range of areas and information lags in its subsidiaries, which makes it difficult to manage the bank collectively, and meanwhile to meet the special needs arising from the rapid expansion of China in terms of organization structure, salary system and frequent personnel transference, , it is imperative under the situation to realize the management thought of ¡°a united platform with rapid responses¡±, and to introduce a set of human resource information products that have a deep understanding into the characteristics of operation and management in the financial industry. The mature B/S structure of Vanguard eHRsoft2000 V8.0 of Vanguard Technology and the successful experiences of serving the clients of many financial services providers such as UBS Securities, China Securities Co., Ltd., China Life Insurance Company Limited, Zurich Insurance and so on have gained the favor of Wing Hang Bank. The system can provide a remote management platform from headquarter down to the operating agency, meeting the demand in HR decentralized management of headquarter to its branches. At the same time the comprehensive human resource management module, flexible user-defined report forms, e-formalized working procedure management and efficient, professional services have met the demands of rapid development and decision support of Wing Hang Bank.

¡¡By means of this cooperation, Vanguard Technology¡¯s mature experiences in programs accumulated in the last ten years are applied to HR management of Wing Hang Bank, which will certainly help Wing Hang Bank raise its management efficiency and play an active and impellent role in updating the level of informationization in the financial industry to a new step.


 
 

 

About Vanguard Technology
¡¡¡¡ Vanguard is a leading and the most-trusted solution and service provider for HR management in China. Our products and services include: HRMS software, attendance system and enterprise recruitment website development, etc. Today,more than three handred companies of different industries rely on Vanguard's HRMS to conduct their HR management work on a daily basis. These companies include GE Medical, Coca Cola, Ford, DHL, Lafarge, Danfoss,Toyota, Mazda, Ely Lilly, Johnson Controls, Kerry EAS, NEC, Ernst &Young, CITICS, China Telecom, Cummins, Sina.com, Shanda, etc. Vanguard always pursues technology innovation and perfection. We uphold the principle of "Customer First" in project implementation and management through our quality products and professional services. We are your best working partner for enterprise eHR establishment and development.

 
 
 
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