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“ FinTech and digital financial services have penetrated the overall lifestyle of China’s citizens, becoming a near indispensable part of daily life — not just limited to payments, but also for investing, deposits, and loans.
“ China stands out and becomes the most digitally-ready market for financial services.”
Maintaining growth and profitability is an enormous challenge for banks and other companies operating in the financial sector. They must continuously adjust the customer experience, as well as provide new services, if they are to stay relevant and retain loyalty.
Parts of the financial sector, notably wealth management and equity trading, have been among the first movers in the commercial use of Artificial Intelligence (AI). The scope of AI-led innovation is widening: banks and insurers are actively applying AI techniques in both front and back offices.
Banks require diverse cooperation platforms across industries, integrating financial and other services, to enable boundless cooperation. Boundless IT boosts partnership through data convergence and open APIs.
Huawei & Deloitte White Paper
Read | Download the White Paper
As Internet finance develops rapidly, bi-modal IT architecture is the best choice, blending traditional modes (mainframe and midrange servers) and Internet agile development modes (PaaS, big data, and AI).
A large amount of structured and unstructured data is generated every day. Real-time and non-real-time data analysis and mining allow financial institutions to discover real value, uncover opportunities, and prevent risks.
Huawei’s full-stack solutions support the digital transformation of financial institutions from the perspectives of chips, hardware, software, and solutions. Huawei offers several joint solutions to help financial institutions improve efficiency, reduce costs, and stand out in the digital era.
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