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As industries upgrade and converge, the financial services sector is itself undergoing transformation — with operations moving to the cloud — powered by an ecosystem of connected devices, constructed for all scenarios. In this environment, three strategic initiatives from Huawei aim to transform financial institutions into fully-equipped, digital ecosystem-based enterprises.
• Encouraging institutions to fully embrace cloud-native strategies, innovative technologies provide optimal infrastructure to accelerate digital and intelligent convergence, creating a truly agile platform.
• Deepening digitalization across all industry scenarios enhances the safe and secure transfer of data, unlocking the potential value of big data and advancing financial inclusion.
• Aggregating different Software as a Service (SaaS) products helps to build an open ecosystem for all scenarios, unlocking scenario-based financial services.
• We converge diverse channels and use AI and intelligent sensing to deliver the optimal user experience. • Everything is connected. We synergize devices, edges, pipes, and clouds. We connect people, things, places, and intelligence. • Financial services are available anytime, anywhere.
• Our architecture integrates data and AI, enabling data-driven services. AI facilitates sensing, perception, and decision-making. • Customers access everything as a service, combining models that suit their unique needs. • Digital is at the core, making services agile.
Digital Banking SolutionReliable, open, and professional
MEGA InfrastructureFor Green, Sustainable Finance
Cloud MigrationSuperior user experience, unlocked data value, and faster business innovation
Finance AICC SolutionSmarter Customer Care
Huawei FinTech Advances Financial InclusionBanking the Unbanked and the Underserved, for a better world
We have a view or a mission to be Africa's most valued digital platform for financial services, which then means we are seeking to move to not just identify ourselves as a bank but actually identify ourselves as a marketplace upon which financial services are offered, upon which customers can then find innovations that impact positively their daily life. So that also was a primary motivation for the investment we made with HUAWEI and the continued collaboration with them.
“The results showed that the 'Access Point (AP) first, terminals following' strategy is effective. The new AP can improve the online user experience, and also has the ability to manage a high number of concurrent customers, avoiding network saturation during peak periods.”
As social distancing measures were implemented globally in 2020, every banking Information Technology (IT) department had to prioritize remote working for staff. But those same under pressure departments also had to ensure systems could handle massive online and mobile customer demand. See how this bank coped.
Huawei is proud to be awarded the Most Valued Technology Partner of the Year 2020 by DBS Bank. Our team has been working closely to meet the bank's evolving requirements and drive digital transformation, especially during the COVID-19 pandemic.
“ Huawei’s OceanStor All-Flash Acceleration Solution effectively improves Virtual Desktop Infrastructure (VDI) system performance as well as the internal Office Automation (OA) experience. After multiple rounds of vetting and testing, we believe that Huawei's flash products are much more superior to peer products. Additionally, Huawei provides comprehensive training, eliminating our concerns over use habits. That’s why we ultimately chose Huawei products.”
“ Through joint innovation with Huawei, China Merchants Bank (CMB) aims to build cutting-edge distributed database products that give a competitive edge for banking services, drive CMB’s digital transformation, and help CMB become a Financial Technology (FinTech) bank.”
3 Ways Huawei Is Unleashing the Value of Digital for Finance2022.11.29
CEO of Global Digital Finance Team, Huawei
Sustainable and trusted financial infrastructure, intelligent applications and data architecture, and innovation are the key to unlocking the future digital productivity of finance.
How Can Banks Stay Competitive amid Global Digitalization?2022.12.08
Dr. Margaret HU
President of Marketing and Solution Sales, Global Digital Finance, Huawei
Gone are the days when brick-and-mortar banks were enough. Instead, digital financial services are taking over, going as far as the creation of digital currencies and assets. To stay competitive, traditional financial institutions must adapt and transform. After all, users already expect a more convenient and personalized experience that is entirely secure and reliable.
5 Ways Technology Delivers a Better Experience to Credit Card Holders2022.12.06
Chen Kun Te
Chief Digital Transformation Officer, Financial Services Business, Huawei Enterprise BG
Users expect more, faster, and better banking services. This goes for everything and credit card services are no exception. Banks that design the best apps for their credit card users and create the optimal user journeys will win against their competition. For this, they'll need technology.
New Finance in the Metaverse Era2022.12.06
David G. W. Birch
By David G. W. Birch, author, advisor, and digital commentator on digital financial services
In the world of business, it was only when the CEO of Microsoft, Satya Nadella, made the decision to buy Activision — the company that made Call of Duty — for US$75 billion that a lot of business people sat up and realized that the metaverse is not just about games. When someone like Nadella is willing to pay that much money for a metaverse-related business, it became clear that this is not just a hype. This is real business.
Challenges and Solutions to Cloud Adoption in the Finance Sector2022.12.06
Senior Solution Architect, Digital Finance, Huawei
The rapid digitalization of financial services has prompted many banks, insurers, and securities to quickly adopt the cloud. But financial cloud migration is not so simple. Companies must assure regulatory compliance while also maintaining enough elasticity to support future financial services. How can we, as a technology company, help the finance sector go digital with cloud?
Cloud Native Unlocks Digital Banking Growth2021.10.28
Chan Chin Man Clinton
Senior Solution Expert of the Global Financial Services Business Unit, Huawei Enterprise Business Group
With Financial Technology (FinTech) growing rapidly as a sector, digital banking — any banking services delivered through digital channels, whether provided by traditional banks or independent virtual banks — is on the rise.
Shaping Smarter, Greener Finance Create New Value Together