Huawei Promotes Open Platform Architecture Development at 3rd Annual Global Financial Services Industry Summit

Friday 24 July 2015 15:56
Reshaping IT within the financial services industry to drive business transformation for customers

Huawei today hosted the 3rd annual Global Financial Services Industry (FSI) Summit under the theme of "Reshaping IT to Drive Business Transformation" in Beijing, China. The event gathered more than 900 of Huawei's financial customers and partners.

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Key topics covered at the event included the digital transformation of financial institutions, accelerating information construction through platform transformation, product innovation, and the systemization of service delivery.

Future Trends: Transformation of IT Architecture, Open Platforms and Financial Cloud

"Digitalization, the mobile internet and inclusive finance are three major trends that will reshape the financial services industry in the future," said Emmanuel Daniel, Founder and CEO of The Asian Banker, during his keynote speech.

"Huawei is committed to working with our customers and partners in the financial industry to reshape industry-specific IT architecture that will accelerate business transformation and meet evolving customer needs," said David He, President of Marketing and Solution Sales, Enterprise Business Group, Huawei.

"While Huawei has already established several best practices in areas such as cloud, big data and innovative service channels for finance, we will continue to innovate to provide customers from the financial industry with open, resilient, safe and cost-efficient IT platforms, intelligent and comprehensive data systems, and agile service channels," said He.

"As businesses continue to develop, problems triggered by multi-center construction and centralized architecture have become more prevalent. Based on service-oriented architecture (SOA), the China Construction Bank's self-developed next-generation infrastructure with a cloud computing-based hierarchical design supports services with unified management capabilities," said Panshi Jin, General Manager, Information Technology Management Department, China Construction Bank Corporation.

As part of a white paper titled Transformation and Reconstruction of Banks in the Digital Era, released at the summit, Huawei and Deloitte highlighted the need for banks to implement a digitalization strategy supplemented by powerful and supportive systems, and IT capability construction.

The white paper indicates that a key component of the strategy is the transformation of cloud architecture, big data strategies and omni-channel systems.

Huawei Offers a Complete Series of Financial Solutions to Provide One-Stop ICT Services

At FSI 2015, Huawei showcased its products and solutions for the financial industry covering three major themes, including "Open Platform Construction", "Financial Services Innovation" and "Safe and Steady Operations". Including private cloud, agile network, and modularized data centers, big data for finance, omni-channel banking, Active-Active Data Center and Anti-DDoS-based Internet Finance Security Solutions and so on.

As part of the summit, twelve renowned financial institutions confirmed their participation in establishing an open platform ecosystem for the finance industry, which aims to promote the development of open platforms through in-depth integration of infrastructure and applications.

Huawei is growing steadily in the global finance market and currently serves more than 300 financial institutions across the globe in markets in Europe, Asia Pacific and Russia, including six of the world's top ten banks.

For more information about Huawei's third Global FSI Summit, please visit: http://enterprise.huawei.com/topic/trade2015_en

About Huawei

Huawei is a leading global information and communications technology (ICT) solutions provider. Huawei has established an end-to-end ICT solutions portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Our innovative ICT solutions, products and services are used in more than 170 countries and regions.

Photo - http://photos.prnasia.com/prnh/20150724/0861506724-a

Photo - http://photos.prnasia.com/prnh/20150724/0861506724-b

Caption: David He, President, Marketing and Solution Sales, Enterprise Business Group, Huawei, delivers his speech.

Caption: Robert Rooks, Banking & Securities Sector Leader, Deloitte Hong Kong introduces the white paper