Huawei launches FPGGP acceleration program to help global financial industry become digital and smart

Huawei launches FPGGP acceleration program to help global financial industry become digital and smart
Huawei launches FPGGP acceleration program to help global financial industry become digital and smart

Huawei launches FPGGP acceleration program to help global financial industry become digital and smart

PR Newswire

SHENZHEN, China, June 8, 2024

SHENZHEN, China, June 8, 2024 /PRNewswire/ — Huawei announced the launch of the Financial Global Partner Acceleration Program (FPGGP) during the 2024 HiFS Frontier Forum. Huawei aims to work with more partners that have extensive sector-specific experience, focus on key scenarios within digital transformation in the global financial industry, and unite program participants and their innovation capacity. In this way, Huawei and its partners can support the transformation and upgrading of financial industry customers throughout the entire life cycle, from consultation and solutions to services, achieving win-win cooperation for everyone involved.

Jason Cao, Vice President of Huawei and CEO of Huawei Digital Finance BU, said that Huawei is committed to building a global ecosystem for the digital finance industry. This involves leading global partners, those who participate in the local industry and who are innovators in segmented scenarios. “Huawei has worked with partners to develop innovative scenario-based solutions in eight major industrial scenarios, from infrastructure O&M to application system platforms, from basic business transactions to big data applications, and from banking to insurance and securities.”

FPGGP made its debut in 2021. Over the past three years, FPGGP has worked with 11 partners to successfully deliver solutions and complete digital transformation for more than 20 financial clients in 14 countries and regions around the world.

Currently, it has 24 partners in China, of which six became board members: Sunline, Tongdun Technology, Netis, Wallyt, Sinosoft and Chinasoft International.

Roger Wang, Vice President of Huawei Digital Finance BU and President of Global Partnerships, said that Huawei adheres to the “Partners + Huawei” strategy and continues to cooperate with leading global financial partners to achieve shared success, as well as provide excellent solutions. innovation capabilities and outstanding practices with partners. The FPGGP Acceleration Program aims to accelerate the progress of digital and intelligent transformation of the financial sector from the following three aspects:

1. Encourage more partners with global competencies to join the FPGGP to provide comprehensive support to our clients throughout their business journey, from consulting and solutions to services and operations.

2. Incubate more scenario-based solutions for the financial sector based on customers’ digital and intelligent transformation requirements.

3. Improve connection and cooperation between ecosystem partners.

As of May 2024, Huawei has served more than 3,600 financial customers in more than 60 countries and regions, including 53 of the world’s top 100 banks.

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SOURCE HUAWEI

 
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