HUAWEI CLOUD earned Outsourced Service Provider Audit Report (OSPAR) 
attestation from the Association of Banks in Singapore (ABS). This attestation 
means that HUAWEI CLOUD meets Singapore's most stringent financial security 
requirements and that HUAWEI CLOUD is secure and reliable enough to provide 
cloud services for locally and Chinese-funded financial institutions in 
Singapore and help these institutions meet regulatory requirements.

Singapore is the world's fourth-largest financial center, after New York, 
London, and Hong Kong. Singapore is home to a mature financial industry, which 
means there is a need for extremely strong security. OSPAR is one of the most 
authoritative security certifications for financial institutions. It specifies 
the security requirements that suppliers providing services for financial 
institutions must meet. To be listed among the ABS-certified suppliers, HUAWEI 
CLOUD must meet these OSPAR requirements. The OSPAR attestation reflects HUAWEI 
CLOUD'S outstanding performance with world-leading security processes, security 
technologies, and personnel management practices.

In February of 2019, HUAWEI CLOUD officially announced the opening of a 
Singapore region. The Singapore region is one of the largest regions outside 
China, and HUAWEI CLOUD is committed to strategically investing in that region. 
HUAWEI CLOUD is committed to working with local and global ICT ecosystem 
partners to provide locally and Chinese-funded enterprises with sustainable 
cloud services that are stable, reliable, and secure. The acquisition of OSPAR 
attestation is a testimony to this commitment. Acquiring this attestation 
represents an auspicious start to the new year. 

In March of 2018, HUAWEI CLOUD became the only cloud service provider in China 
to have earned the world's strictest financial data security certification, 
PCI-DSS, for all platforms, nodes, and services. In an IDC MarketScape: Chinese 
financial industry cloud and services 2018 vendor assessment report, released 
in April 2019, HUAWEI CLOUD was described as a leader in financial industry 
cloud with strong comprehensive strengths and technological innovation. 
MarketScape reported that HUAWEI CLOUD had taken the lead in the cloud market 
for China's financial industry. Security was described as a core strength.

HUAWEI CLOUD is committed to aligning and optimizing its own security methods 
with the strictest international security standards, building a world-class 
security system, and providing users with a secure and reliable environment 
that includes both cloud platforms and the services. In 2019 alone, HUAWEI 
CLOUD obtained ISO 22301, ISO 27001, ISO 27017, CSA STAR, SOC2 privacy audit, 
ISO/IEC 27701, ISO/IEC 29151, and BS 10012 certifications. In terms of privacy 
and security, HUAWEI CLOUD is one of the most authoritative names in the market 
today. HUAWEI CLOUD has obtained a total of more than 50 well respected 
certifications from around the world, including OSPAR.

SOURCE: HUAWEI CLOUD