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Providing a Better Choice for the Financial Industry with Innovation

Abu Dhabi Finance WeekWed, Oct 9, 2024, 12:00 AM

Transcript

[Music] good afternoon ladies and gentlemen it's my honor to be here to make this presentation and before I start before I start please allow me to show my war is the welcome to all of the distinguished guest here and today my topic is providing the better choice for financial industry with Innovation and I will bring you some latest technology from har cloud during the past uh during the past year P cloud has keeping the very fast growth till now we have provided our cloud service to more than 500 financial c financial customer around the world and for example in Thailand among uh top five banks four of them is developing their core system and Mainframe offload H cloud in China we have kept number we have kep number one Cloud infrastructure and dedicated cloud in uh financial industry let's see the Trend digital transformation had become the clear path for the all the Enterprise and cloud is uh cloud is a key support and the foundation for the digital transformation according to the Ghana analysis report 95 of Enterprise are choosing Cloud native as their strategy by uh 2025 as we know as we all know uh the financial industry is always the leading in financial indust uh in the digital transformation and more and more financial Enterprise are choosing Cloud native now here we have three cases of top Banks first the China ICBC they have built the world largest cloud platform with 100,000 notes 91 of their application notes has own the cloud now and in the future ICBC will and uh will containerize everything another one is is China merant bank they has built the hybrid scare cloud data Ware horse and they have also used EI to reduce the risk uh risk of the decision making and improve the customer experience and in Asia Pacific Singapore DBS is the first to adopt uh SRE the cloud our Cloud om system after that each person can management sources 20 times than before so we do believe that cloud na will pave the way through the digital Finance har cloud has long been the promoter for the indust for the financial industry for the uh digital transformation from the the 500 we served we believe that the digitalization uh have the three key Point things resilient infrastructure aile application and intelligent business agile application enables a fast resources and I think the uh Ed application enable the the faster resource acquisition and service through ODS supporting the financial Enterprise move quickly and resilient infrastructure provides the trusted Cloud ensure the Basic Finance scalability reability and security compliance an intelligent business can improve the marke sites and decision making risk control and capabilities through the data and AI convergence and we keep polishing the uh Financial cloud service uh Financial Cloud Solutions based on these three point things the first part is about infrastructure today the global Finance Enterprise are developing the cloud strategy to accelerate the cloudification the flexible elastic and distributed Cloud Foundation has become a must for them and this is what we can help qu cloud has buil the full stack Innovative uh Financial Cloud foundation and covers our Global Cloud infrastructure covered 30 regions and 84 available zones around the world it can make your uh business once step access to the latest technology and keep your service always be available we support public Cloud hybrid cloud and financial dedicated Zone because our Cloud platform has using the one unified architecture so your service can be easily migrated and expanded enjoy the same experience you Al we also support flexible resource scheduling across the cloud and regions your financial implication can enjoy our excellent scalability nowaday many uh many customer has chosen Hai Cloud to meet your o Cloud strategy such as China atic Banks we have run 50% of the Core Credit Card system onto har cloud and in China har cloud has the largest market share in financial Cloud infrastructure and we also keep the number one in a container market share in financial container Cloud we have made many uh solution upgrading the CC turbo our latest uh our latest container engine using the pass through Network architecture provides a zero transmission loss and ultra low lency up to 10,000 ports can be scheduled per second the traffic burst in the event just like the shopping Festival payments uh are no longer the headache the ABC agriculture Bank of China have the widest coverage in China they worked with us to build the elastic scare and Smart Financial Cloud now they have 1 million cors and the coure system with stand two billion transation at a peak and their uh apps can be be released only used one week now the second part about applications H Cloud provide one stop entry and intelligent software uh software development pipeline it used to take months but but now I think it's just need days to develop in Singapore GDB the green link digital bank they only use 11 months to build a completely digital core banking system from zero it is a fast Bank in Singapore to do that and but now uh oh sorry it's a fast the fast Bank of uh Singapore to do that and we not now it's operating very well the Thailand ICB developed the digital loan uh digital Loan Service during pandemic and uh now uh 250,000 new user registered during the six months and it's become the new growth engine for ICB uh digital transformation currently most the core banking system are centralized architecture it's difficult to expand need long time for R out it's always uh mentioned by our financial customers so I think it's necessary to accelerate from the centralized architecture to distributed architecture based on the all cloud and distributed database GDB H Cloud how Cloud bu the large scale High per high performance and high availability distributed C system to do the main frame of load after plenty of practice in uh large Banks GDB already has a capability of a core system transal database this is the most important part of a core system and GDB provides the high availability features such as Financial class men three providing the int City door cluster active active and GDB build a One-Stop migration autom menion tool 95% of a uh Oracle santax can be converted automatically and to make migration smoothly and stable also GDB is the first AI native database of China the building AI capability can make database om work can much easier and much more uh efficiently than before and the success rate is PS psbc the postal Bank postal Saving Bank of China based on the GDB they have the personal service call system and now 650 million user enjoy the service and two billion transation are happen in every day the currently interested settlement time was shorten from the 140 minutes to two uh to to from 140 minutes to 25 minutes now and today we're proud to announce cost to be lunch thank [Applause] you the GB really find a way to build your uh database besides that for the software development we combined with code AS and pangu RD model creating the Code art snap the intelligent assistant for developers there are three features intell intelligent generation chatw and collaboration intelligent generation can help developers to generate the code test the case and test the script and intelligent chat watch can help the uh developer to understand debar and optimize the code and also developer can core huawe cloud service by giving the simple sentence now the coding work can be much more easier and better by our by using our Code art snap the third part is about intelligent business har Cloud believes that with the increasing of data diversity and user requirements the data analysis platform will involve from data warhorse Lake cars to data and AI convergence I'd like to I'd like to introduce two key Technologies of Hua cloud data horse and AI model our data horse GDB D DWS is designed to recover the or Cal analysis simplify the it architecture and enable every one to use and Analysis the data easily it supports it supports Lake uh Lake horse architecture and to connect with big data and data AI convergence by com as combined with AI the G DB DWS is high highly recognized in financial industry among the 18 uh large Bank in China TW 12 of them are using H Cloud du to our horse for example we help the customer successfully migrates multiple types of uh M multiple types of multiple type of data wareh horse such as a data uh Terra dat in ICBC 13,000 analyst can work on time can work onl online at the same time and the data analysis waiting time is down to 1.5 minutes so we are confident that our ghost DB DWS is the best choice for financial data or hearts in additional it has been upgraded to the survey list architecture now and this morning Mr Frank D introduced our AI ledge model for finance he set to simplify the development for the uh industry model qua Cloud provides the three two chance to help the Enterprise to develop onetop and in the onetop and agile manner the first AI model develop uh development to CH compared with the traditional platform our Auto labeling improve the efficiency by three times and we simplify and standardize all the process easily to get the start and complete the Allin one platform so you can develop a 100 billion parameters model in one month instead of five months before the second gen General AI development to Chan we provide the developers with a onstop uh platform which which support data pre uh pre-labeling in interactive notebook and model model chaining improve the AI development efficiency by 60% the third computer optimization to Champ our asent asent AI uh cloud service provide more than 1,400 high performance operators they covers the user case of MRE AI models and unleashes the uh the ascent computing power this three two1 gather the knowledge and exper expertise of huawe professionals and make it easier for both Enterprise and user to create and to use the AI ledge model and also I'm proud to announce pangu Finance model by Huawei Cloud thank you again with pangu Finance model model everyone in every organization can develop your own analysis uh intelligent system at last uh digital transformation come with a huge opportunity and potential and H Cloud hope to become the the cloud foundation and enabler for industry of finance and based on resilience infrastructure aile application and intelligent business har Cloud will provided a better choice for uh financial industry with Innovation okay that is all my presentation thank you very much

Automatic transcript — names and jargon may be misspelled.