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At the Huawei Intelligent Finance Summit 2021, held in Shanghai under the theme "Accelerating Financial Digitalization, Creating New Value Together," Huawei announced three strategic initiatives to make financial institutions better companies based on the digital ecosystem. For its work in the financial sector Huawei intends to fully adopt cloud-native technology, diversify and improve use cases within the industry and aggregate different SaaS products to help financial institutions become better digital companies. Board Member Peng Zhongyang, Chairman of Huawei Enterprise Business Group, pointed out in his keynote address that as industries upgrade and converge, the financial services industry will transform so that its operations are cloud-based through a more connected device ecosystem. és, designed for all scenarios.
Indeed, Huawei is currently working with its customers and partners to enable them to become more sustainable and resilient companies, based on a digital ecosystem, through the co-creation of technologies and scenarios, also through sustainability. The company announced three strategic initiatives it will develop in the financial sector to help financial institutions become better companies based on the digital ecosystem.
First, encourage institutions to fully adopt innovative and cloud-native technologies that provide optimal infrastructure to accelerate digital and intelligent convergence and create an agile platform. Second, strengthen digitalization in all industry scenarios to improve safe and secure data transfer, unlock the potential value of big data and strengthen financial inclusion. Finally, aggregate different SaaS products to build an open ecosystem for all scenarios and enable scenario-based financial services.
During the summit, Huawei announced the official launch of the Financial Partner Go Global Program (FPGGP). The company will work with partners in the financial services industry to leverage Huawei's deep experience and technological innovation capabilities in the area of financial digital transformation.
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