STAFF REPORT ISB: Huawei, a global ICT solutions provider, has expanded focus in helping financial institutions to deliver innovative services to their customers by bringing to market a series of next-generation banking technologies as well as additional consultancy expertise.
Rising technology trends such as cloud computing, big data analytics, smart and virtual banking concepts are accelerating the digitization of the local financial industry.
Huawei continues to build on its expertise in the banking and finance sector by investing in a host of experienced and qualified banking industry expertshired locallyacross multiple markets. These include the UAE, KSA, Qatar, Kuwait, Oman, Bahrain, Pakistan and Iraq.
“We have seen a recent surge in ICT adoption from the sector as it reacts to increasing data management and security needs,” said Moustafa Nagi, Regional Vice President, Financial Services Industry, Huawei Enterprise Business Middle East.
Huawei has great experience working within the financial sector around the world and we have decided to expand our solutions portfolio in the Middle East as part of our 2015 business strategy.”
With a focus on highly stable, efficient, and flexible solutions, the company helps financial customers stabilize business operations as well as expand their services and enhance collaboration.