At the Huawei Intelligent Finance Summit 2021, held in Shanghai under the theme “Accelerating Financial Digitization, Creating New Value Together,” Huawei announced three strategic initiatives to make financial institutions better businesses based on the digital ecosystem.For its work in the financial sector, Huawei intends to fully adopt cloud-native technology, diversify, and improve. industry use cases and aggregate different SaaS products to help financial institutions become better digital businesses. Peng Zhongyang, member of the board of directors, president of the Huawei Enterprise Business Group, emphasized in his opening speech that as industries upgrade and converge, the financial services industry will transform so that its operations are cloud-based through an ecosystem of more connected devices

Indeed, Huawei is currently collaborating with its customers and partners to enable them to become more sustainable and resilient businesses, based on a digital ecosystem, through the co-creation of technologies and scenarios, also thanks to sustainability. The company announced three strategic initiatives that it would develop in the financial sector to help financial institutions become better businesses based on the digital ecosystem

First, encourage institutions to fully adopt innovative and cloud-native technologies that provide an optimal infrastructure to accelerate digital and intelligent convergence and create an agile platform. Second, strengthen digitization in all industry scenarios to improve safe and secure data transfer, unleash 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 take advantage of Huawei's deep experience and technological innovation capabilities in the area of financial digital transformation