PR97569

BEIJING, Aug. 26, 2022 /PRNewswire=KYODO JBN/ --

The "Finance China 2022" event organized by the prestigious international

finance magazine The Asian Banker successfully commenced in Beijing on the 25th

of August. Huawei and the Bank of China jointly won the Best Bank

Infrastructure Technology Implementation in China in the category of Financial

Technology Awards.

Huawei has shaped many innovative technological solutions by using its

innovative ICT technologies and capacities and orchestrated cross-domain

collaboration among technologies, helping financial institutions enhance their

operational resilience and provide optimal user experience.

- NoF+ is an Ethernet-enabled lossless storage network solution that applies

NVMe, a high-speed read/write protocol dedicated to flash memory and IP

networks. Customers can use this technology to build intelligent and lossless

networks that sense network faults and facilitate cross-domain coordination.

This solution will significantly increase the IOPS throughput performance

compared to Fibre Channel (FC) networks.

- Replacing FC with NoF+ significantly reduces data read and write latency

within data centers. In addition, data can be transmitted without loss across

data centers and over long distances thanks to the iLossless algorithm.

- This solution can help networks proactively sense link status and fast switch

storage algorithms in order to reduce the impact of network jitter on financial

transactions, and reduce link switching time from minutes to seconds in case of

failed transmissions.

Dr. Margaret Hu, President of Marketing and Solution Sales, Huawei Global

Digital Finance said, "We thank The Asian Banker for honoring us this

significant award. Huawei will continue working with financial institutions and

partners to conduct joint innovation and open collaboration. We will build

innovative digital infrastructure that helps financial services grow and

innovate. Our joint efforts will accelerate the financial industry's digital

transformation."

To date, Huawei has served more than 2,000 financial customers in more than 60

countries and regions around the world, including 49 of the world's Top 100

banks. Learn more about Huawei's digital finance solutions:

https://e.huawei.com/en/solutions/industries/smart-finance

SOURCE  Huawei

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=428157

   Caption: Huawei