PR99668

BARCELONA, Spain, March 1, 2023 /PRNewswire=KYODO JBN/ --

A financial industry forum titled "Accelerate Change, Shaping Smarter Greener

Finance Together" is successfully held during the 2023 Mobile World Congress

(MWC 2023). Global financial customers and partners gathered to discuss the

acceleration of technology application and innovative improvement of

productivity.

The global economy is now faced with a new norm. The finance sector is seeing

new changes. How do we accelerate the application of new technologies and

innovatively improve productivity? As Jason Cao, CEO of Huawei Global Digital

Finance, said, "You will understand if you study the trend, be wise if you

follow the trend, and be a winner if you adapt to the trend." Huawei strives to

accelerate technology application in six fields, including shifting from

transaction to digital engagement, developing cloud-native applications and

data, evolving infrastructure to MEGA, industrializing data and AI application,

enhancing real-time data analysis, and moving towards a cutting-edge AI brain.

In this way, we help financial customers accelerate changes, innovatively

improve productivity, make productivity visible, and speed up evolution towards

the future.

To optimize customer interaction and experience, Huawei works with partners to

quickly build super app platforms with public cloud SaaS, driving the

development of more flexible and agile digital products. With new customer

acquisition, service, and interaction modes, Huawei helps financial

institutions greatly reduce customer acquisition costs, accelerating business

transformation from transaction to digital engagement. The comprehensive

mobility and intelligence of financial services accelerate the modernization of

core applications and data, bringing cloud-native development into reality.

Huawei uses highly reliable infrastructure, cloud, GaussDB, and data migration

to help Postal Savings Bank of China (PSBC) reform its core systems and serve

650 million retail users in a cloud-native way.

Data and AI are becoming increasingly inclusive, encompassing all service

scenarios and processes. Huawei is committed to building a leading data

intelligence solution to help China Merchants Bank (CMB) develop the

cloud-native data platform. This intelligent platform will upgrade CMB's

decision-making and business operations in three ways: a better platform,

improved efficiency, and by covering more scenarios. Accelerated real-time

analysis supports everyone's use of data, unleashes the power of data, and

enables faster business growth. Huawei continuously improves the NLP (Natural

Language Processing), CV (Computer Vision), graph, and knowledge computing

models which involve hundreds of billions of parameters. With more computing

power, a one-stop AI platform, and optimized big data models, Huawei

accelerates the construction of a powerful AI brain, integrates AI into user

experience and products, and extends innovations from single services to the

entire business process and more, allowing inclusive innovation.

These modernized cloud-native applications continuously optimize user

connections and touch points. Meanwhile, through the collaborative innovation

of storage, computing, network, and cloud technologies, Huawei accelerates the

evolution of infrastructure to MEGA (Multi-domain Collaboration, Experience,

Green, and Autonomous). This helps financial institutions develop digital

infrastructure with high performance, availability, security, O&M efficiency,

and sustainability.

Digitalization is the future. Huawei Digital Finance embraces change and

continuous innovation as it dives deep into the finance sector. It adapts to

the scenarios at hand, joins hands with customers and partners, upgrades

service capabilities, and delivers ever more innovative solutions to accelerate

the application of new technologies and innovatively improve productivity for

green, digital, and intelligent finance.

Up to now, Huawei has served over 2,500 financial customers in more than 60

countries and regions, including 50 of the world's top 100 banks. For more

information about Huawei's digital finance solutions, please visit:

https://e.huawei.com/en/industries/finance

For media enquiries, please contact hwebgcomms@huawei.com

SOURCE:Huawei

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=438391

   Caption: Jason Cao, CEO of Huawei Global Digital Finance