Huawei Datacom Finance Roundtable: Accelerate Digital Financial Productivity

Wang Shaotong, Director of Huawei Asia Pacific Enterprise Business Dept. (Photo: Doc. Huawei)

JAKARTA - Some time ago, the Datacom Finance Roundtable was successfully held at the Asia Pacific Huawei Network Summit 2023, with the topic of discussion "Future architecture of multi-cloud and multi-network finance". "

At the event, Huawei shared its best practices in the financial industry in China, introducing financial cloud network solutions, and how these solutions help to fully enhance digital financial productivity.

"Digital transformation enables financial institutions to enhance customer experience, simplify operations, and better adapt to rapidly changing markets," said Wang Shaotong, Director of Huawei Asia Pacific Enterprise Business Dept. in a statement, quoted Sunday, August 20.

Along with Bank 4.0, the banking industry is entering the digital era where banking services are available anywhere. However, there are many challenges faced by banking networks. For example, multi-cloud networks and different vendors that end up raising questions about service integration, visibility, and efficiency.

To address this, Huawei fully upgraded its financial cloud network solution by releasing the industry's first L3.5+ data center autonomous driving network solution.

This solution is claimed to maximize multi-cloud efficiency and also cut service launch times. Huawei is a digital operations pioneer, replacing more than 20 O&M systems, enabling network-wide service management visualized across the cloud.

"Bank customers urgently need network digitization and visualization in dealing with increasingly complex data center networks," said Arthur Wang, President of iData Center Network Domain, Huawei Data Communication Product Line.

Huawei is one of the best partners for digital transformation in the financial industry, serving more than 1,600 financial customers in more than 110 countries and successfully working with some of the leading banks in Asia Pacific.

Going forward, Huawei will continue to actively participate in the digital enhancement and intelligence of banks, insurance companies and securities firms around the world, and work closely with customers and partners to build next-generation financial network infrastructure so as to support rapid global financial service innovation.