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SINGAPORE, July 22, 2022 /PRNewswire=KYODO JBN/ --

At the Huawei Intelligent Finance Summit 2022, Kevin Hu, President of Huawei's

Data Communication Product Line, delivered a keynote speech entitled "Huawei's

New Financial Cloud-Network, Building New Connectivity for Smarter and Greener

Finance." In his speech, Mr. Hu shed light on how Huawei's newly upgraded

Financial Cloud-Network Solution accelerates the cloudification of banking

services and builds new connectivity for smarter and greener finance.

With the rapid development of the global digital economy, next-generation ICT

is deeply integrated with financial services, accelerating the development of

FinTech. Against this backdrop, banks of all sizes evolve toward smart and

online financial services and migrate their services to clouds.

Networks are the foundation for digital finance. However, today's bank networks

face many challenges such as how to quickly invoke cross-DC resources and

improve O&M efficiency, in turn raising new requirements for digital innovation

of banks.

"In response, Huawei has upgraded its Financial Cloud-Network Solution by

centering on building clouds, connecting clouds, and going to clouds," Kevin Hu

said. "The future-proof solution provides an agile and stable network

architecture needed to roll out new services in minutes and enable integrated

O&M of applications and networks, improving innovation efficiency and

delivering real-time guarantee of service experience."

Building clouds: Financial digital transformation starts from an L3.5

Autonomous Driving Network (ADN) for data centers.

Huawei's L3.5 ADN Solution extends ADN capabilities to multiple data centers.

This solution provides Runbook designer, MDC, and AOC capabilities, and

supports third-party device management and public cloud interconnection. It

also automatically connects multiple data centers and public clouds, shortening

the average service migration from days to minutes.

This solution enables integrated O&M of applications and networks.

Specifically, probes are deployed on networks to mirror service traffic to the

service performance analysis platform from Huawei partner Netis. iMaster NCE

provides open APIs to collaborate with this platform, making it easy to analyze

indicators in real time for E2E service O&M.

In line with the green and low-carbon philosophy, Huawei's CloudEngine switches

adopt advanced heat dissipation technologies, energy-efficient transmission

modules, and high-density port modes, offering 54% lower power consumption per

bit than the industry average.

Connecting clouds: WAN traffic compression and intelligent optimization

accelerate the efficient flow of financial service data.

Huawei launched the industry's first network-wide multipoint stateless traffic

compression solution, which can compress WAN traffic by over 37%. Also,

Huawei's intelligent optimization feature helps expand capacity without adding

private lines, slashing private line costs.

Huawei's WAN solution supports intelligent optimization, which balances

bandwidth utilization among multiple private lines. This prevents unnecessary

capacity expansion due to traffic aggregation on busy links, thereby reducing

private line expansion costs.

Going to clouds: SD-WAN and Wi-Fi 6 enable optimal service experience on branch

networks.

To simplify cloud access for branches, Huawei launched the SD-WAN Solution,

which eliminates the need of planning and makes devices plug-and-play. In this

way, networks can be provisioned remotely within 10 minutes for superfast

access to clouds. iMaster NCE-Fabric implements remote management, eliminating

onsite O&M and reducing complaints.

In branch office scenarios, Huawei's Fully-Wireless Campus Network Solution

enables 20% greater Wi-Fi 6 signal coverage distance than the industry average.

It also ensures always-on signals for users and lossless roaming, greatly

improving service experience on branch networks.

In the future, Huawei will keep innovating and working with more financial

customers and partners to jointly explore and implement innovative solutions,

propelling the financial industry into a digital future with smarter and

greener finance.

SOURCE  Huawei

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   Caption: Kevin Hu, President of Huawei's Data Communication Product Line, delivers a

keynote speech