Huawei Digital Finance: Resilience Must be Redefined to Boost Intelligence

[Barcelona, Spain, February 26, 2024] At MWC Barcelona 2024,Huawei hosted a Digital Finance Session themed "Non-Stop Banking, Resilience Boosts Intelligence". At this session, Jason Cao, Huawei's CEO of Digital Finance BU emphasized that resilience is the foundation for everything, and elaborated how to build the infrastructure resilience in the intelligent era.

In the digital world, digital financial services represented by real-time payments are booming. Open Banking and scenario-based finance drive the transformation to open architectures. Generative AI is growing rapidly in key areas such as financial engagement and software development.

All of these changes pose new challenges to resilience. We must redefine and consolidate resilience to better accelerate the development of intelligence: ensure zero downtime and high availability of financial services, deliver a zero-wait user experience, and also achieve zero-touch operation while ensuring zero-trust service and data security.

Zero Downtime

As real-time payments increase the number of concurrent financial transactions from thousands to tens of thousands of TPS, the traditional architecture cannot support zero RPO. Therefore, Huawei has introduced a multi-active MAS architecture, which is essential for achieving the five nines (99.999) in SLAs.

The MAS architecture consists of three key capabilities: a cell-based application platform, a distributed database, and a highly available cloud-native infrastructure. Among them, distributed databases are the critical factor for SLAs.

To achieve Zero Downtime, Huawei has not only upgraded the MAS architecture, but also delivered successful practices in distributed databases. Moreover, Huawei has developed a next-generation distributed database called GaussDB, which was officially announced to global finance today at MWC2024. It boasts seven features including high availability, high security, high performance, high intelligence, high elasticity, easy deployment, and easy migration that make it an ideal choice for the financial industry to move towards zero downtime.

Storage is another core component for achieving high availability. Huawei storage has grown rapidly and has become the world's top 2 storage provider in 2023. Currently, Huawei's all-flash storage has supported more than 1000 PB data storage and enhanced zero downtime for global financial customers.

Zero Touch

When moving towards large-scale distributed architectures, networks will be extremely complex. To ensure stable service running