Huawei Launches the Financial Cloud-Network Solution to Lay the Cornerstone of Connectivity for Intelligent Finance

[Shanghai, China, June 3, 2021] At the Huawei Intelligent Finance Summit 2021, Huawei launched its all-new Financial Cloud-Network Solution designed to enable financial institutions to build a "stable and high-speed" bimodal architecture. The end goal is to accelerate service innovation, deliver secure and reliable financial services, and lay the cornerstone of connectivity for intelligent finance.

With the rise of innovative services such as Internet finance and inclusive finance, the financial services industry has gradually entered a new era defined by all-scenario intelligent finance. According to the China Banking Industry Service Report 2020 released by the China Banking Association, the number of contactless transactions exceeded 370 billion, the off-counter banking transaction rate reached 90.88%, and a myriad of financial services such as personal credit service all went online.

Today's banking services are transforming from "stable" to "stable + agile". Against this backdrop, banks need to ensure high system reliability and, more importantly, accelerate service innovations, thereby delivering more convenient experience with differentiated financial services. To this end, banks are expected to accelerate digital transformation, in turn posing higher requirements on financial networks.