Pakistan: At the NDC & Temenos Bank of the Future Forum (BoFF 2022) held in which Huawei attended as a platinum sponsor and debuted hybrid cloud value proposition for banks on Temenos Core banking.
As a strategic partner of Temenos, Huawei’s innovative hybrid cloud solution is well poised to help banks shape a modernized IT platform to support digital transformation. Huawei hybrid cloud provides a certified platform for the deployment of a cloud-native version of Temenos Core Banking.A recent joint benchmark testing shows excellent performance for online transactions using industry-standard x86 architecture.
Leading banks are taking cloud transformation as a key IT initiative. The cloud-based IT architecture can help banks not only transform the core banking, but also other business scenarios including payment, data analytics, compliance, DevOps, and so on. Compliant with SBP regulations, Huawei hybrid cloud provides a basket of solutions including an on-premise private cloud stack, in-country public cloud and international public cloud for the local banking customers. To help the banks do the cloudification journey, Huawei hybrid cloud possesses the following capabilities:
· Certified Cloud Platform for a Risk Free Core Banking Upgrade.
· Flexible Hybrid Multi Cloud Architecture for Local & International Branches to meet the Regulatory Compliance
· Modern Distributed Database Architecture for Uncompromised Performance, Scalability and Reliability.
· Fully compliant with global in for security and data compliance standards
In 2022 Oct, Kenya, Huawei also signed a strategic partnership with Temenos to boom the banks cloud transformation in MEA region. This will further enhance the collaboration of the two entities to facilitate the industry development.
“Based on global cloud service capabilities, Huawei empowers agile capabilities that provide ‘Everything as a Service’ for financial institutions. In strategic partnership with Temenos, the world-leading banking software company, we provide cloud-native solutions for banks and have deployed our solutions based on Huawei’s public cloud in Singapore.” said Jason Cao, the President of the Global Financial Services Business Unit of Huawei Enterprise BG, “Huawei will continue to dive deep into the global financial industry, develop the global ecosystem to cooperate with partners, and share our best experiences to accelerate financial transformation with our global clients.”
By the end of 2021, Huawei had served over 2,000 financial institutions from more than 60 countries and regions, including 48 of the world’s top 100 banks.