Huawei releases the “F2F2X” data infrastructure architecture to help financial institutions build modern “4+” data centers in the intelligent era

2023-06-12 20:11:29

Shanghai (ots/PRNewswire) SHANGHAI, June 12, 2023 /PRNewswire/– Huawei launched its innovative F2F2X (Flash-to-Flash-to-Anything) data center infrastructure architecture at the Financial Data Storage Session, part of the 2023 Huawei Intelligent Finance Summit.

This architecture provides a trusted data foundation to help financial institutions meet the challenges posed by new data, new applications, and new resilience.

For banks, intelligence drives the creation of new business scenarios and business models. A range of new services are emerging, including Customization, Smart Contracts, Digital Assets and Metaverse Banking, posing three challenges to banks’ existing data infrastructure.

Data processing for massive amounts of new data: The IDC estimates that the amount of data generated by banks worldwide will reach 48.6 zettabytes by 2025, at a compound annual growth rate (CAGR) of 26.2%. Banks face capacity, performance and energy efficiency challenges posed by massive amounts of unstructured data.

New containerized applications for banks create new data management challenges: 89% of companies are moving to multi-cloud business strategies. In the multi-cloud era, the efficient flow of data between different applications and media will become a new challenge for bank data management.

New higher data resilience once morest rampant ransomware attacks: A successful ransomware attack costs an average of US$7.8 million in losses.

Huawei’s F2F2X architecture provides all-flash primary and backup storage, as well as diversified archive storage. This architecture is designed to efficiently unlock the potential of data and activate the potential of “4+” (data acceleration+, data resilience+, data mobility+, data management+) data centers.

Data Acceleration+: Core technologies such as decoupled storage and compute, and multi-controller and multi-active architecture accelerate data processing in emerging digital core and financial data storage scenarios, enable all-flash primary storage and backup, and deliver 30% higher performance than the industry’s next best .

Data Resiliency+: Huawei-developed machine learning (ML) algorithm has the industry’s highest detection rate (99.9%) and provides the last line of defense for data protection with a four-layer anti-ransomware storage solution.

Data Mobility+: Six intelligent data tiering functions and the DME global data planning engine ensure the lowest total cost of ownership (TCO) over the entire data lifecycle.

Data Management+: Focusing on service scenarios such as financial data analysis and AI, Huawei’s intelligent management platform DME enables second-level search in 10 billion files, multi-dimensional intelligent insight into global files, quickly identifies the distribution of hot and cold data, and intelligently classifies or deletes data, improving management efficiency.

Spark Wang, Director of Cybersecurity and Privacy, PwC China, said: “For ransomware attacks, we need to improve network-side protection to reduce the risk of attacks. In addition, data resilience needs to be improved. If network-side protection fails, we need to take quick action to prevent data from being encrypted and provide immediate attack alerts. In the event that production data is encrypted or the entire data center is “contaminated”, we need to have a complete and clean copy of the data to quickly restore the service system”.

Michael Fan, vice president of Global Data Center Marketing & Solution Sales, Huawei Enterprise BG, said, “Huawei’s data infrastructure products and solutions are used by over 1,300 financial institutions worldwide. Customers’ desire for “4+” data centers motivates us to constantly innovate. With the F2F2X architecture as a foundation, we will continue to increase R&D investments and create a “more reliable, more efficient and more environmentally friendly” data foundation for the financial industry to solve business challenges of the to cope with the intelligent age”.

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hwebgcomms@huawei.com

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