Sunline and Huawei Cloud: Driving the Future of Intelligence Finance

At Huawei Connect 2024 in Shanghai, Sunline and Huawei Cloud officially announced a pivotal strategic partnership to accelerate the modernization of financial core systems. This collaboration combines Sunline’s 22 years of fintech innovation with Huawei Cloud’s leading cloud-native technology, marking a significant step towards reshaping the future of digital banking.

Key executives, including President of Sunline Group, Jameson Li Jinsong, Executive Vice President of Sunline Group, Amelia Xu Yali, together with CEO of Huawei Mainframe Modernization BU cum President of Huawei Hybrid Cloud, Shang Haifeng, and Vice President of Huawei Hybrid Cloud Li Jinfeng represented in the strategic partnership signing ceremony. This partnership signals the beginning of a new era, focusing on the development of advanced solutions for mainframe cloud migration and intelligent banking transformation.

Unlocking Innovation for the Future of Banking

By integrating Sunline's next-generation cloud-native technology platform, APStack, with Huawei Cloud’s native database and PaaS platform, the partnership will enable financial institutions to modernize core banking systems with unprecedented performance, scalability, and flexibility. This collaboration will introduce joint solutions for critical core banking operations such as demand deposits, transfers, and loans, ensuring robust support for cloud-native transformations.

Jameson Li emphasized Sunline’s extensive expertise in fintech, particularly in core banking innovation. He acknowledged the fruitful history of collaboration with Huawei Cloud and expressed confidence that this expanded partnership will unlock new opportunities for digital transformation in the global banking industry.

Driving Global Financial Transformation

Shang Haifeng echoed the significance of the partnership, highlighting Huawei Cloud’s continued commitment to driving digital transformation for the financial sector through collaborative efforts with ecosystem partners like Sunline. By leveraging their combined strengths, both companies aim to provide financial institutions with the tools needed to transition into intelligent, data-driven organizations.

At the event, Vice President of Sunline Digital Finance BU, Tang Wei and Deputy Solutions Director of Huawei Hyrbid Cloud, Wu Kun together unveiled the "Joint Financial Mainframe Core Modernization Solution". This solution is poised to revolutionize the industry by offering a fully integrated, cloud-native approach to core banking, ensuring enhanced operational efficiency and future-ready scalability.

A New Era of Collaboration and Global Growth

This strategic agreement marks a new chapter in the evolution of Sunline and Huawei Cloud's relationship, moving from technology collaboration to a win-win commercial model. It also signifies a leap towards intelligent, ecosystem-driven, and globalized operations.

The partnership sets a new benchmark for the industry, with strategic implications that will extend beyond the immediate market. Looking ahead, both parties will develop a global industry ecosystem cooperation model, targeting the expansive opportunities within the global digital transformation landscape and embarking on the next phase of “Ecosystem Expansion.”

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Contact us today to learn more at [email protected] or visit our website at www.sunline-i.com .

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