SPD Development Bank and Huawei Set up a Joint Innovation Lab

SPD Development Bank and Huawei Set up a Joint Innovation Lab

In the afternoon of February 6, the Opening of the SPD Innovation Lab and Intelligent Financial Cooperation Forum was held at the Bund No. 12 alongside the Huangpu River. The forum officially unveiled the SPD-Huawei Open Source Technology Innovation Lab, which will actively promote the application of open source technologies in the financial field, provide technical support for service innovation, and explore and form an open source technical architecture. The lab will focus on deep study of hybrid cloud technologies in the financial industry and focus on the optimization and improvement of enterprise-level big data processing platforms, promoting the application and practice of the hybrid cloud infrastructure. It will also serve as a platform to discuss the use of next-generation communications and IoT technologies in the financial industry.

Pan Weidong, Deputy Director of SPD Bank and Ye Changlin, Vice President of Huawei China attended the ceremony. In his speech, Mr. Pan expressed his hope that both parties will exert their respective strengths through close cooperation, and integrate their advantages in technology and financial services, helping to build a new benchmark for joint innovation projects, explore new models of collaborative services, and build a new bridge for cultural communication. This project will significantly accelerate the development of both sides.

At the unveiling ceremony, Mr. Ye said that in recent years the development of cloud computing and big data poses challenges to traditional business models of banking institutions. Therefore, creating a flexible, agile, and unified financial cloud platform infrastructure that can efficiently support financial services is crucial for those working within the financial industry. Together, Huawei and SPD Bank transform the financial industry. By leveraging its advantages in ICT products and solutions, Big Data analysis, and cloud computing, Huawei will promote innovative applications of financial services through communications and cooperation with SPD Bank for ICT planning and construction, computing, Big Data, and SDN. Such cooperation will ensure the implementation of joint innovation achievements in SPD Bank.

SPD Development Bank and Huawei Set up a Joint Innovation LabCeremony of the SPD Bank-Huawei Joint Innovation Lab

The joint innovation lab will facilitate resource sharing between SPD Bank and Huawei, maximizing the advantages for both sides, and implementing innovative internet-based financial services through cooperation. Customers of both parties will be provided with more convenient, efficient, and diverse services.

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Source: Huawei Enterprise Blog