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Cloud Strategies

Huawei Creates Open Platform Ecosystem for Finance Sector

BEIJING -- Huawei recently announced that it will partner with eleven of the world’s leading banking IT solution providers to establish an open platform ecosystem for the finance industry at Huawei’s Global Financial Services Industry (FSI) Summit 2015 in Beijing, China.

The partners include Accenture (China) Co. Ltd, Beijing Advanced Digital Technology (ADTEC) Co. Ltd, Beijing Yucheng Technologies Co. Ltd, Beiming Software Co. Ltd, DHC Software Co. Ltd, Deloitte Business Advisory Services Limited, Digital China System Integration Service Company Limited, First Data Corporation, Infosys Technologies Company Limited, Micro Focus Corporation, and Worldline Technologies Company Limited. The companies will combine efforts in IT infrastructure innovation based on customer needs to support an IT-driven revolution within the financial industry.

By launching the open platform ecosystem for the finance industry, Huawei and its partners will help financial institutions migrate from closed to open IT architecture to enable enhanced customer experience and convenient service innovations in a safe and reliable operating environment.

As part of the collaboration, Huawei is working with other members of the ecosystem to launch a range of open platform-based solutions for the finance industry, including an online banking cloud (based on private cloud architecture for finance), a credit loan cloud, a direct banking cloud, a micro-and-small-loan service cloud, a core account cloud, a credit card core application cloud, as well as mobile teller and home banking capabilities. These solutions have helped companies including Spain’s stock market and financial systems operator Bolsas y Mercados Españoles (BME) establish a highly efficient stock trading system based on a cloud platform, and facilitated the internet finance transformation of CITIC Trust Co., Ltd.

Huawei Technologies Co. Ltd.

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