Huawei Holds Fifth Global Financial Summit in Beijing

– BEIJING, May 24, 2017 /PRNewswire/ — On May 23, 2017, Huawei held its fifth Global Financial Summit themed “Leading New ICT, Fueling Digital Finance Transformation” in Beijing, China. Bringing together over 800 foreign and domestic finance customers and industry experts, including China Construction Bank (CCB), Agricultural Bank of China (ABC), China Merchants Bank (CMB), Asian Banker, Barclays, Intel, and Infosys, the Summit explored the latest ICT innovations and global best practices to accelerate digital transformation of financial institutions.

Accelerating cloudification and digitization of financial institutions

Commenting on the trends of future banks, Liu Limin, President of Financial Services Sector, Huawei Enterprise Business Group, said: “In the future, banks will transform into technology companies with banking licenses. With financial institutions as platforms, assets, personnel, the supply chain will be connected more effectively. In line with Huawei’s ‘platform + ecosystem’ strategy, we are committed to helping financial service providers build ICT infrastructure and platforms featuring flexible architecture, precise analysis, efficient collaboration, channel innovation, and secure management. We believe advanced ICT platforms are critical for financial institutions to deliver enhanced services, customized products, and smart customer management. Additionally, we are dedicated to fostering the development of an open ecosystem to help accelerate banking in the cloud.”

During the Summit, guest speakers also shared their perspectives on future banks, and provided insights and best practices for accelerating cloudification and digitization of banks:

New partnerships and comprehensive solutions for the financial sector

During the Summit, ABC and Huawei signed a strategic partnership agreement. Under the agreement, Huawei will optimize and integrate architecture within ABC’s multiple data centers and service centers to support its growing international operations. In addition, Pactera and Huawei jointly released a distributed digital banking core solution targeting mobile finance, which will meet the diverse customer requirements for mobile banking and internet financial services.

Huawei showcased 12 major solutions for the financial industry through scenarios and interactive demonstrations in three large sub-exhibition areas: “Cloud Finance”, “Big Data Finance”, and “Omni-channel Finance”.

Huawei’s solutions for the financial industry have been deployed by more than 300 financial institutions globally, including six of the top ten banks in the world. In Europe, Asia Pacific, Russia and other regions, Huawei’s leading solutions have been deployed by local mainstream financial customers; in China, Huawei has become the IT equipment supplier of the four major state-owned banks.

For more information about the Huawei Global Financial Summit 2017 held at the Shangri-La Hotel in Beijing, please visit http://e.huawei.com/topic/finance2017-en/index.html.

Photo – http://mma.prnewswire.com/media/515671/HUAWEI_liulimin.jpg

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