Huawei and Infosys launch New Financial Cloud Solution

Huawei has introduced a new innovation from its industry collaborations in the financial sector: the New Financial Cloud Solution for Mission Critical jointly developed by Huawei and Infosys Finacle, designed to ease some of the IT challenges of the finance and banking sectors. This was launched in Shanghai at the recent Huawei Connect 2016.

The new innovation is based on the Huawei FusionCloud platform and the world's first 32-socket Mission-Critical server KunLun, integrated with the world’s leading  banking system – Infosys Finacle, which includes its entire suite of products such as core banking system, online banking, mobile banking, customer relationship management (CRM) and wealth management. The best-in-class technology has been specifically designed to help financial institutions reduce total cost ownership (TCO), improve agility, and accelerate digitalization.

Huawei has developed a series of strategic partnerships and innovative cloud infrastructure projects with several major banks in China and elsewhere around the world. These include China Merchants Bank, China Construction Bank, Industrial and Commercial Bank of China, and Santander.

Huawei’s finance industry solutions currently span three main areas: platform, data and services. They cover all processes (front-end, middle, and back-end), and include finance cloud, big data, real-time risk control, server upgrade, mobile finance, core accounts data, and end-of-day acceleration.