Shenzhen, June 5, 2024 - At the Huawei HiFS Frontier Forum, Sunline, a global leader in financial technology, in partnership with Huawei, launched SunCBS - the Next-Gen Enterprise Architecture Core Banking Solution designed to empower banks in the face of increasing core modernization challenges.
"Revolutionizing Banking: SunCBS - The Future of Banking" presented by Jack Wang, Head of Sunline International's New Country Development, showcased Sunline's impressive journey and its transformative impact on the banking industry. Since its founding in 2002, Sunline has been dedicated solely to the banking sector, serving over 800 banks in China and expanding rapidly on the global stage.
Jack underscored Sunline's unwavering commitment to innovation and customer-centric solutions, as well as the strategic alliance with Huawei. With a robust presence across multiple countries and a proven history of successful digital transformations, Sunline is primed to lead the next wave of banking modernization. This ensures financial institutions can adeptly navigate the complexities of the digital era with agility and confidence.
"Sunline is committed to driving innovation and excellence in banking IT," stated Jack Wang. "SunCBS represents a significant leap forward in core banking technology, equipping banks with the essential tools to thrive in the digital age."
SunCBS - an Enterprise Architecture Core Banking Solution is built on open architecture principles, addressing the banking industry's pressing needs, including modernizing legacy systems, delivering seamless digital experiences, and improving operational efficiency. As the banking industry navigates a labyrinth of challenges, SunCBS simplifies product development, accelerates time-to-market, and enhances customer experiences through its API-driven architecture and domain-driven design.
It offers a comprehensive suite of benefits to banks, aligning with the key values of efficiency, agility, and openness:
Product Speed to Market:The highly customizable product factory offers extensive templates, significantly reducing the time-to-market for new products and services. By enabling banks to launch innovative products and services quickly, they gain a competitive edge in the fast-paced digital landscape.
Cloud Native Enterprise Architecture: a groundbreaking solution that combines technical prowess with marketing savvy. By harnessing the power of cloud-native design, it boasts unparalleled advantages including loose coupling, high flexibility, and exceptional scalability, ensuring seamless integration, rapid innovation, and robust performance, all while leveraging the inherent benefits of cloud infrastructure for optimized efficiency and agility.
Infrastructure Agonistic : Transform into a cutting-edge platform that's independent of any specific infrastructure or database. This streamlines IT management and safeguards your technology investments. It supports both cloud and on-premise deployments, ensuring seamless integration and cost efficiency. Ultimately, this reduces the total cost of ownership.
Open Banking & Collaboration: Elevate your banking system with an Open API-driven architecture, empowering seamless collaboration with digital ecosystem partners to drive innovation and deliver an unparalleled, hyper-personalized customer experience.
Financial Flexibility: SunCBS offers a versatile service model that guarantees financial flexibility for banks of all sizes.
"SunCBS is more than just a core banking solution; it's a strategic partner for banks navigating the complexities of core modernization," added Ruby Zhou, the Deputy CEO of Sunline Holding. "We are confident that SunCBS will empower banks to achieve new levels of success and deliver exceptional value to their customers."
Sunline's commitment to delivering exceptional value is evident in its successful implementation of SunCBS at one of the largest banks in the Overseas region. This implementation led to significant improvements in operational efficiency and a vastly enhanced customer experience due to the platform's advanced features and capabilities.
Sunline & Huawei - Elevate Banking IT Landscape with SunCBS Integration into Huawei GaussDB
Sunline's strategic collaboration with Huawei enhances SunCBS's capabilities, solidifying its position as a leading solution in the banking IT landscape. SunCBS seamlessly integrates with Huawei's advanced infrastructure solutions, ensuring unrivaled performance and reliability. Central to SunCBS's effectiveness is its seamless integration with Huawei GaussDB, a cutting-edge database solution. Together, Sunline and Huawei redefine industry standards, offering a comprehensive solution that drives digital transformation in banking IT.
Sunline's unveiling of SunCBS at the Huawei HiFS Frontier Forum marks a significant milestone in the banking IT landscape. With its cutting-edge features and commitment to innovation, SunCBS promises to revolutionize the core banking experience for bank worldwide. As Sunline continues to collaborate with Huawei and other industry leaders, the future of banking IT looks promising, with SunCBS leading the charge towards a more efficient, customer-centric, and digitally-driven banking industry.
About Huawei HiFS Frontier Forum 2024
This event will bring together leading figures, Key Opinion Leaders (KOLs), academic experts, and innovative practitioners in the global financial industry. Guided by clear digital transformation objectives and AI-driven pathways, we will discuss how to build resilient, intelligent infrastructure to unleash new value in the finance industry.
About Sunline
Established in 2002, Sunline is the leading provider of banking software and technology services in China. With advanced technologies and a wide range of products, Sunline leads the way in empowering and innovating the financial industry, enabling customers to rapidly innovate their businesses, enhance user experiences, and accelerate digital transformation. Since venturing into international markets in 2016, Sunline has established international offices in Hong Kong, Malaysia, Thailand, Indonesia, Singapore, and the Philippines. These expansions have helped Sunline extend its influence in the rapidly growing fintech market across the Asia-Pacific region.
