CLPS Incorporation Leverages AI for Successful Legacy System Modernization at a Major Hong Kong Bank [Yahoo! Finance]
CLPS Incorporation (CLPS)
Company Research
Source: Yahoo! Finance
HONG KONG Sept. 11, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced the successful modernization of a 30-year-old legacy mortgage system for a major Hong Kong bank, leveraging artificial intelligence (AI), including client-specified mode ls lik e Microsoft Copilot. This achievement marks a significant breakthrough for CLPS in applying AI to complex system modernization, providing a replicable model for fintech solutions. Project Challenges and Outcomes To meet its evolving business needs, the bank required a complete overhaul of its legacy mortgage system. CLPS successfully modernized a vast and intricate infrastructure, which comprised of 138 Virtual Basic (VB) functional programs, 248 Microsoft (MS) Access programs, 315 reports, 114 letters, 303 batch jobs, 25 COBOL programs, and 841 stored procedures. The modernization effort faced significant challenges due to limited documentation, minimal understanding of the system's oper
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CLPS
News
- CLPS Incorporation Partners with BEA to Conduct a PoC of "Nibot" in the HKMA's GenA.I. SandboxPR Newswire
- CLPS Incorporation (NASDAQ:CLPS) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- CLPS Incorporation Unveils Web3-Ready Issuance Platform, Making a Strategic Leap into the Stablecoin EconomyPR Newswire
- CLPS Incorporation Reports Financial Results for the Second Half and Full Year of Fiscal 2025PR Newswire
- CLPS Incorporation to Announce Second Half and Full Year of Fiscal 2025 Financial ResultsPR Newswire
CLPS
Sec Filings
- 11/24/25 - Form EFFECT
- 10/24/25 - Form F-3
- 10/17/25 - Form 20-F
- CLPS's page on the SEC website