Huawei has announced the rollout of its Huawei Cloud Stack financial solution, bringing a new generation of resilient, open and intelligent architecture to accelerate Digital Transformation in the financial sector.<\/p>\n\n\n\n
Mobile transfers, QR payments, online account openings and digital loans have reshaped financial services and caused money to move faster. The Huawei Cloud Stack solution is aimed at financial institutions and designed for the future of banking, offering a resilient foundation for those organisations seeking to replace outdated VMs, migrate core applications to the cloud and leverage intelligent data lakes to maximise data value.<\/p>\n\n\n\n
The pace of transformation in this sector means users expect seamless, always-on services and instant transactions. This demand places pressure on financial institutions and unprecedented stress on legacy IT systems as they strive to deliver high-frequency, real-time, intelligent services. Legacy mainframes are no longer sufficient in this sector, where downtime is unacceptable. Rising infrastructure expenses, mounting operational complexity and a steady flow of security incidents have made high availability and resilience a necessity. Traditional data platforms, meanwhile, are slow, siloed and restricted to single data sources, further limiting financial institutions’ ability to harness data.<\/p>\n\n\n\n
Crucially, more financial institutions are now moving towards cloud-based, distributed and intelligent infrastructure \u2013 prioritising agile innovation, efficient data flows and a more sustainable cost structure.<\/p>\n\n\n\n
Resilient foundation<\/strong><\/p>\n\n\n\n Huawei Cloud Stack offers a highly reliable, low-risk, seamless cloud migration solution for financial institutions replacing VMs, enabling these customers to evolve their IT architecture without disrupting service continuity.<\/p>\n\n\n\n To handle complex environments across production, testing and core business zones, Huawei Cloud Stack employs multi-tenancy, VPC isolation and independent resource pools to minimise fault domains and ensure the stable operation of financial services. Additionally, Huawei Cloud Stack provides more than 100 cloud services to deliver unified management, deployment and operations across the entire stack \u2013 from infrastructure to applications \u2013 empowering financial institutions to boost IT agility and operational efficiency.<\/p>\n\n\n\n Cloud migration of core applications<\/strong><\/p>\n\n\n\n Huawei Cloud Stack offers high reliability, availability, security, maintainability and performance, in addition to its cloud-native, software-defined benefits of elastic agility and open collaboration. Leveraging full-stack redundancy and cloud-hardware synergy, it promises next-level fault detection and rapid recovery. To meet the unforgiving demands of core transaction systems, compute, storage and networking have been optimised to deliver low latency and high throughput.<\/p>\n\n\n\n Intelligent data lake<\/strong><\/p>\n\n\n\n With an aim to break down silos, Huawei Cloud Stack offers a cloud-native multimodal data lake that integrates batch and stream processing, decouples storage from compute and ensures cross-AZ reliability and fine-grained Disaster Recovery. This data lake enables real-time data supply for risk control and marketing scenarios, significantly improving data flow and resource utilisation. Meanwhile, Huawei Cloud also partners with a wide range of ISVs to offer industry-specific solutions on marketing, risk control and operations to help global financial institutions to unlock the value of data.<\/p>\n\n\n\n Huawei Cloud Stack has already helped more than 300 financial institutions worldwide seamlessly migrate to the cloud. Looking ahead, the company plans to deepen its focus on resilience, core application migration and intelligent data lakes and support more financial institutions to build resilient, open and intelligent digital infrastructure to accelerate the journey towards the intelligent finance era.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Huawei has announced the rollout of its Huawei Cloud Stack financial solution, bringing a new generation of resilient, open and intelligent architecture to accelerate Digital Transformation in the financial sector. Mobile transfers, QR payments, online account openings and digital loans have reshaped financial services and caused money to move faster. The Huawei Cloud Stack solution […]<\/p>\n","protected":false},"author":21,"featured_media":55411,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,12,4664,15,11958,9862,11959,11947,51,44],"tags":[2656,79,217,192,110,11661,11662],"class_list":["post-55410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-verticals-banking-finance","category-cloud","category-intelligent-technologies-data","category-digital-transformation","category-hh-huawei-hub","category-hh-newsletter","category-hh-intelligent-insights","category-hh-newsletter-used","category-intelligent-technology-newsletter","category-top-stories","tag-banking-and-finance","tag-cloud","tag-data","tag-digital-transformation","tag-huawei","tag-huawei-cloud-stack","tag-intelligent-transformation"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/55410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/comments?post=55410"}],"version-history":[{"count":11,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/55410\/revisions"}],"predecessor-version":[{"id":56032,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/55410\/revisions\/56032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media\/55411"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media?parent=55410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/categories?post=55410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/tags?post=55410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}