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

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

   Caption: Jason Cao, CEO of Huawei Global Digital Finance