Huawei Cloud took the spotlight at the 2023 Intelligent Finance Summit, themed "Leading Cloud Native for Agile and Smart Finance," where they gathered 500+ financial leaders to discuss cutting-edge trends in cloud-native technology and data-AI convergence.
The summit opened with warm welcomes from Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, and Jason Cao, CEO of Huawei Global Digital Finance. They set the stage for an event that would define the future of financial technology. William Dong, President of Huawei Cloud Marketing, followed with a compelling keynote speech, introducing two groundbreaking solutions: the Financial Container Cloud and Cloud Native GaussDB(DWS).
Jacqueline Shi highlighted the rapid pace of digital transformation sweeping through the financial industry. She stressed that cloud-native technologies, data intelligence, and AIGC were more than buzzwords; they were innovative solutions revolutionizing the financial landscape. These technologies empower financial institutions to modernize their processes, create personalized customer experiences, and offer products and services with newfound agility. Jacqueline emphasized the challenges and encouraged collaborative efforts to turn the seemingly impossible into reality.
Jason Cao outlined Huawei's roadmap and unwavering commitment to advancing technology within the financial sector. Recognizing the pivotal role of cloud and AI, he emphasized the need for change and Huawei's dedication to supporting organizations through these transformative processes.
William Dong discussed the growing adoption of cloud-native solutions by top banks and their pivotal role in the digital transformation of the financial industry. Huawei Cloud's "Everything as a Service" strategy aims to become the foundation and enabler for digital transformation. Dong underscored the three core aspects that would expedite the journey towards digital transformation in the financial sector: resilient infrastructure, modernized financial applications, and the convergence of financial data and AI.
The summit provided valuable insights into the future of finance, with Huawei Cloud unveiling innovative solutions that promise to reshape the industry. Jacqueline Shi, Jason Cao, and William Dong's speeches collectively underscored Huawei's dedication to driving change and fostering a more agile and smart financial landscape.
Revolutionizing financial clouds: Huawei's container breakthrough
Innovations Unveiled
Huawei Cloud unveiled two innovative solutions at the summit:
• Financial Container Cloud: This solution, underpinned by Huawei Cloud Stack, is deployed in customers' on-premises data centers, offering high performance, scalability, security, maintainability, and compatibility.
• Cloud Native GaussDB(DWS): An all-scenario cloud data warehouse, now upgraded to a serverless architecture with multiple industry-leading features.
Huawei launches the F5G intelligent OptiX Network solution, aiming to build a solid foundation for the financial industry
The summit also served as a platform for sharing global financial practices in digital transformation and cloud-native innovations.
Justin Chen, CTO of Bank Neo Commerce (BNC), the largest digital bank in Indonesia, shared his thoughts on building a digital bank with Huawei Cloud. He said that the company's digital bank services are fully backed by the elastic cloud resources. Their product iteration and rollout become faster, from months to days, and a more agile product portfolio allows them to meet the changing market needs. Running on Huawei Cloud, BNC witnesses a 10-fold increase in digital banking users to 23 million within nine months, who now enjoy seamless, convenient service experience.
Liu Bo, Deputy Director of the System Department under Data Center of Agricultural Bank of China (ABC), shared how ABC built a "1+4" cloud native platform for both stable and agile services. The one goal is 100% containerization.
Bai Jiong, Senior Data Warehouse Architect of China Merchants Bank (CMB), shared CMB's practices in exploring data value and driving business growth through cloud data warehouses. They built a hyperscale global financial core data warehouse on GaussDB(DWS) through joint efforts with Huawei, decoupled the data warehouse requirements of different services, and ensure smooth, stable data analytics for everyone, laying a solid foundation for digital CMB.
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