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Huawei hosts global financial services industry summit

July 24, 2015  

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Huawei today hosted the 3rd annual Global Financial Services Industry (FSI) Summit under the theme of “Reshaping IT to Drive Business Transformation” in Beijing, China. The event gathered more than 900 of Huawei’s financial customers and partners.

Key topics covered at the event included the digital transformation of financial institutions, accelerating information construction through platform transformation, product innovation, and the systemization of service delivery.

“Digitalization, the mobile internet and inclusive finance are three major trends that will reshape the financial services industry in the future,” said Emmanuel Daniel, Founder and CEO of The Asian Banker, during his keynote speech.

“As businesses continue to develop, problems triggered by multi-center construction and centralized architecture have become more prevalent. Based on service-oriented architecture (SOA), the China Construction Bank’s self-developed next-generation infrastructure with a cloud computing-based hierarchical design supports services with unified management capabilities, said Panshi Jin, General Manager, Information Technology Management Department, China Construction Bank Corporation.

As part of a white paper titled Transformation and Reconstruction of Banks in the Digital Era, released at the summit, Huawei and Deloitte highlighted the need for banks to implement a digitalization strategy supplemented by powerful and supportive systems, and IT capability construction.

The white paper indicates that a key component of the strategy is the transformation of cloud architecture, big data strategies and omni-channel systems.


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