HANOVER, Germany, March 23, 2017 /PRNewswire/ -- Huawei today demonstrated the availability of the Infosys Finacle core banking solution on Huawei KunLun. The combined offering is powered by Huawei's KunLun Mission Critical Server and Finacle's core banking solution. This solution provides a functionally rich offering, enabling banks to drive down operational costs, strengthen the customer user experience and advance digital innovation in their organization.
Transformation and innovation are the hot topics of today's financial world. The ideal ICT architecture is to help banks fully harness open-source technologies such as big data and cloud computing. By doing so, financial organizations are empowered with efficiency in applications, enabling them to maximize advantages of innovation for their business. Core banking systems historically run on enclosed architectures, where infrastructures are costly and the return on investment (ROI) can be low. Enclosed systems can hold back innovation and become barriers to the banks as they evolve and migrate to the open-source, innovative ecosystem. KunLun perfectly brings together the advantages of the x86 ecosystem and the high reliability, performance, and scalability required by mission-critical environments. Enhanced by Huawei's state-of-the-art NC interconnect chip and reliability, availability, and serviceability (RAS 2.0) technologies, KunLun unlocks reliability of the highest level for open computing platforms. KunLun and the Finacle application layer combine to form a superior high-availability solution, maximizing service uptime and delivering high levels of service efficiency and customer experience for banks.
Wang Zhen, Vice President, IT Server Product Line, Huawei, said, "Infosys Finacle is a leading banking software provider globally. Huawei, as a globally distinguished ICT infrastructure provider, provides products and solutions that have been vastly used across various industries. This extended offering combines the best expertise and deep knowledge of the two companies, and is set to enable more choice and better cost-benefits for the financial industry."
"Huawei and Infosys have made significant achievements since the establishment of a strategic partnership in 2014. The joint innovation with Finacle core banking solutions has been recognized by the industry," said Diana Yuan, President of Enterprise BG Marketing and Solution Sales, Huawei. "We will continue to cooperate in cloud computing, big data, information and communication areas to provide customers with more differentiated innovative solutions to help customers in their digital transformation."
Huawei is a leading global information and communications technology (ICT) solutions provider. For more information, please visit Huawei online at www.huawei.com.