At the Huawei Connect 2024, held in Shanghai from September 19-21, Sunline and Huawei Cloud announced a strategic partnership. Key executives attending the signing ceremony included Jameson Li, President of Sunline Group, Amelia Xu, Executive Vice President of Sunline Group, Shang Haifeng, CEO of Huawei Mainframe Modernization BU and President of Huawei Hybrid Cloud, together with Li Jinfeng, Vice President of Huawei Hybrid Cloud.
This partnership will combine the strengths of both companies to drive modernization of financial core systems, focusing on advanced technology platforms, joint solutions for mainframe cloud migration, and ongoing innovation. The partnership also aims to expand market reach, enhance talent development, and provide technical support. By integrating core banking systems with cloud-native platforms, this alliance is set to create industry-leading projects that will strengthen the digital foundations of banks, accelerating their transformation. Together, Sunline and Huawei Cloud will lead the industry into a new era of intelligent, data-driven banking solutions.
The Signing Ceremony happened in the Huawei Connect 2024
During the signing ceremony, Jameson Li, President of Sunline Group, underscored the company’s 22 years of experience in fintech and its cutting-edge capabilities in core banking system innovation. He also highlighted that previous collaborations with Huawei Cloud on product and solution development have already demonstrated strong synergies. This expanded partnership will enable both companies to leverage shared resources and complementary strengths to build modernized core banking systems for financial institutions domestically and internationally. Together, Sunline and Huawei Cloud aim to accelerate the digital transformation of the global banking industry through intelligent and data-driven solutions.
Shang Haifeng, CEO of Huawei Mainframe Modernization BU and President of Huawei Hybrid Cloud, emphasized that Huawei Cloud's ability to deeply support the global financial sector’s digital transformation relies heavily on close collaboration with ecosystem partners. Moving forward, Huawei Cloud will continue to leverage its strengths in cloud computing, cloud-native technologies, and big data, working hand-in-hand with Sunline to develop products and solutions that align more closely with customers' digital transformation needs. This partnership will be built on mutual trust, mutual benefit, and shared success, driving commercial growth for both companies.
Following the signing ceremony, Tang Wei, Vice President of Sunline Digital Finance, together with Wu Kun, Deputy Director of Huawei's Hybrid Cloud Solutions, unveiled the "Joint Financial Mainframe Core Modernization Solution" at the event. This solution aims to integrate business and technology, leveraging Sunline's next-generation cloud-native technology platform, APStack, and its core banking system, SunLTTS. It is seamlessly integrated with Huawei Cloud’s native database and PaaS platform, with deep optimization for critical core banking scenarios such as demand deposits, transfers, and loans. The solution is designed to fully support the cloud-native transformation of banking core systems, ensuring enhanced performance and scalability.
Sunline DFV VP Tang Wei and Huawei Hybrid Cloud’s Wu Kun unveiled the "Joint Financial Mainframe Core Modernization Solution."
The signing of this strategic partnership and the launch of the joint solution mark a significant milestone in the evolution of Sunline and Huawei Cloud’s collaboration, transitioning from technical cooperation to a broader commercial alliance. This partnership sets a new benchmark, highlighting both companies' commitment to advancing intelligence, ecosystem development, and globalization. Looking forward, Sunline and Huawei Cloud will establish a global industry ecosystem cooperation framework, targeting new opportunities in the expanding landscape of digital transformation. Together, we will enter a new phase of international growth, driving the development of a thriving global digital ecosystem.
About Huawei Cloud
Huawei Cloud is a leading global provider of cloud services, offering comprehensive solutions that span cloud computing, artificial intelligence, big data, and cloud-native technologies. With a strong focus on innovation and digital transformation, Huawei Cloud empowers enterprises across industries to enhance efficiency, agility, and scalability. Through its robust global infrastructure and commitment to security, Huawei Cloud supports organizations in navigating the complexities of the digital era, driving sustainable growth, and unlocking new business opportunities.
About Sunline
Sunline is a leading Chinese provider of banking IT solutions and services with over two decades of experience. The company specializes in delivering core banking software and solutions across the Asia-Pacific region. As a leader in scaling up capacity and creating innovations for the financial industry, Sunline has been helping banks accelerate business development to enhance customer experience and digital transformation. Since 2016, Sunline has expanded to the global market, setting up international offices in Singapore, Hong Kong, Malaysia, Thailand, Indonesia, Vietnam, and the Philippines, and extending its footprint to Myanmar and countries in the Middle East. This expansion has enabled Sunline's influence in fast-growing markets across the region.
