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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. In 2023, the number of cyber attacks on global banks increased by 520%, and the average service recovery time of financial institutions after ransomware attacks was 16.3

Banking 59
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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals. We’re at a critical time for digital transformation.

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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO Business Intelligence

Likewise, another company that values the competitive edge that Infinidat’s storage solutions delivers is Salem Five Bank, a full-service financial services corporation. This bank needed to upgrade its enterprise storage infrastructure as part of a major upgrade of online banking applications with a third-party provider.

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Essential Considerations for Growing Fintech Companies

Valerian Tech

Cloud-based solutions and scalable architectures allow fintech companies to scale up or down as needed, ensuring optimal performance during periods of growth. Operational Resilience: Implementing redundant systems and disaster recovery mechanisms helps mitigate the risks associated with technical failures or cyberattacks.

Company 52
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Huawei Cloud named leader in emerging Asia-Pacific hybrid cloud market

CIO Business Intelligence

To inspire technological innovation and create new value for more industries, Huawei Cloud Stack has taken three approaches: • Trusted, resilient cloud native infrastructure : Huawei Cloud Stack provides a range of scenario-specific disaster recovery (DR) and backup solutions, which enhance service reliability.

Cloud 98
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New CIO appointments in India, 2022

CIO Business Intelligence

Vakrangee, a Mumbai-based provider of banking and e-governance services, has appointed Prashanth Thakur as senior vice president and head of technology and digital. Previously, he led the design, planning, implementation and delivery of IT managed services, cloud and security services, data centre and disaster recovery services at NTT.

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Fountainhead: Who's using Infrastructure Orchestration in Finance?

Fountainhead

And fast repurposing means you can deliver instant High Availability (HA), entire environment disaster recovery (DR), and near-instant scaling (capacity-on-demand). as estimated for its legacy architecture. as estimated for its legacy architecture. Investment Banks.