Finance

Overview of H3C Full-Scenario Finance Cloud Solution

Construction background

From the perspective of the development trend of the financial industry, the financial cloud is not only a requirement of regulatory compliance, but also a rigid requirement for financial institutions to operate on an open basis. If open finance is a new benchmark of digital finance built on this foundation, the cloud platform is an important foundation for the digital transformation of the financial industry. Where is the open finance? It is on the cloud. Successful open finance operation depends on the quality of the cloud platform deployment.

To achieve digital transformation, financial institutions must undergo a variety of changes on many levels. Cloud migration facilitates all-around cloudification of financial services through migration of traditional business to the cloud, Internet business to the cloud, development and testing to the cloud, as well as core applications to the cloud. This is the finishing touch to activate digital transformation and realize digital financial innovation. H3C, a subsidiary of Unigroup, and partners jointly build a full-scenario financial cloud ecosystem, and promote the comprehensive evolution of the full-scenario financial cloud service platform. H3Cloud OS's multi-dimensional cloud capabilities are truly tailored to the needs of different application scenarios in the financial industry. It provides financial institutions with all-around support for their digital transformation.

Overview

H3C All-Scenario Financial Cloud is an integrated IT architecture solution that supports traditional steady-state services and Internet-sensitive services in the financial industry by building multiple platforms. The platforms include private production cloud, Internet financial cloud, development and testing cloud and financial industry cloud. At the same time, it can provide safe, reliable and flexible delivery capabilities to meet the IT architecture needs of different financial institutions at different times. H3C All-Scenario Financial Cloud provides an evolution strategy of small steps and fast iterations. It meets the requirements of agile development and testing, rapid iteration and ecologicalization of Internet services, cloudification of traditional core services and cost quantification, and realizes technological capabilities of financial institutions and the digital transformation of the whole process. Final realization: Rapid development and launch of financial institution services, smooth and uninterrupted upgrade, large-scale concurrent Internet services, and operation automation.

H3C full-scenario finance cloud solution development and testing cloud

Overview

The development and testing cloud is the development support system of H3Cloud OS for PaaS. Based on several open source components and the concept of development, O&M integration, the integration and combination of toolchains, methodologies and processes are realized. DevOps is a set of software development methodologies that highlight communication, collaboration, integration, automation, and measurement of collaboration between software developers and other IT professionals. It shortens the time it takes for system changes to go from submission to production deployment while maintaining high quality, increases the organization's ability to deliver applications and services quickly, and enables organizations to develop and improve products faster than traditional software development and infrastructure management processes. This speed enables financial institutions to better serve their customers and better compete in the marketplace.

As a leader in digital solutions, H3C has been committed to the improvement of work flows and the exploration of agile development and DevOps practices. It integrates the DevOps toolchain into the PaaS platform, provides an agile development environment for cloud-native applications, and lays a solid theoretical and practical foundation for H3C development and testing cloud.

Highlights

H3C Development and Testing Cloud is an integrated system based on DevOps standards. In terms of workflow design, H3C optimizes and enhances previous DevOps practices by combining cloud, containerization, microservices, and agile development technologies, producing significant effects on Cloud-native application R&D. Compared with similar products and solutions, H3C Development and Testing Cloud highlights the controllable workflow and multi-dimensional integration with the toolchain, and integrates the advanced features of H3C Cloud OS to ensure outstanding competitiveness:

Fine-grained permission control of the code hosting platform to ensure security compliance of codes

H3C Development and Testing Cloud provides a GitLab-based code hosting platform. With GitLab's permission management capabilities, it provides fine-grained permission management and control to ensure code submission and usage compliance. At the same time, it improves GitLab's code management functions to provide convenient version control, code re-base, code merge and other code management experiences.

In addition, the development and testing cloud supports user-provided code hosting platforms, which can seamlessly connect with git-compliant code hosting tools and products.

Automated testing platform that supports connection with multiple automation frameworks

H3C Development and Test Cloud provides an automated testing platform to shield the differences between different automated testing frameworks. The platform can connect to a variety of mainstream automated testing frameworks. Users can choose the corresponding framework according to their usage scenarios and application habits.

Complete project management

H3C Development and Testing Cloud provides comprehensive project management capabilities, and provides development teams with simple and efficient development collaboration services, including multi-project management, agile iteration, requirements management, defect tracking, document management, Kanban, and report statistical analysis.

Graphical CI/CD streamline arrangement

H3C Development and Testing Cloud provides graphical pipeline arrangement capabilities. Users can quickly arrange CI/CD processes without using scripts, which greatly simplifies the creation process and cost of pipelines, and improves development efficiency.

Different stages of a segmented pipeline

H3C Development and Testing Cloud fully considers different user scenarios, and enhances users' powerful control over sub-work items in work flows, supports segmented operations and management for different work flows in the pipeline, and helps users expand at any time and change sub-work items.

Intelligent perception

H3C Development and Testing Cloud integrates AI and big data technologies to conduct intelligent analysis of project-specific data, providing auxiliary and even critical decision-making support for project managers.

Thanks to the heterogeneous support features of cloud operating systems, the cloud provides hybrid deployment of multiple environments. H3C Development and Testing Cloud can make full use of the vDC hybrid arrangement of full-stack H3Cloud operating system and introduces cloud operating systems to unify multiple resource environments, supporting features to deploy successfully built applications to different resource environments.

Independent and complete product management

H3C Development and Testing Cloud provides an independent product library for storing binary packages that have been successfully built by itself and third-party components, and provides complete version management support for the code packages generated by the build, which will facilitate subsequent accurate and effective deployment of the code packages release.

Benefits for customers

Relying on full-stack H3Cloud OS 5.0, H3C Development and Testing Cloud provides stable and reliable service capabilities, and provides the best DevOps practices for enterprises and organizations with development activities, which can bring significant benefits to users.

Ensure that developers can independently control the code and its operating environment

Clarify and trace team responsibilities

Automate development operations to improve overall performance

Standardize the development process to ensure the consistency of the delivery environment

Best practice

H3C helped Chang’an Bank migrate the development and testing environment to the cloud. It implements rapid automation deployment of the application development environment through the cloud platform, simplifies continuous product delivery, saves application development costs, shortens service launch time, allows developers to focus on service innovation, and reduces IT and O&M pressure. The open cloud management platform, virtualization platform, distributed storage platform and open architecture options provide strong support for Chang’an Bank to realize more efficient unified O&M, unified scheduling of SDN network, and DevOps building.

H3C Full-Scenario Finance Cloud Solution Production Private Cloud

Overview

At present, the core systems of financial institutions in China are built on highly available IOE (IBM, Oracle, EMC) equipment based on small servers or mainframes. Transformation of core systems requires significant financial resources and a long period of time. An ineffective business security process can easily result in serious consequences, such as the delay of IT services or even the loss of market share and position. Therefore, the construction of the private production cloud is a gradual process that involves the transformation of traditional financial services. Starting with heterogeneous resources, it is necessary to gradually achieve the unified control of heterogeneous resources and coordination of multi-level resources by utilizing the private production cloud platform, as well as improving the efficiency and stability of core financial business applications by transforming them into microservices and deploying them in a distributed manner. In addition to bringing the core services of financial customers into the cloud, this solution provides a comprehensive solution for multi-level isolation of computing, storage, network, and control, resulting in exclusive resource pools for tenants and physical isolation from other tenants. Eventually, small servers will be replaced with x86 servers in order to meet the requirements of financial core services in terms of performance and security compliance.

Highlights

Through computing virtualization, storage virtualization, software-defined networking and other technologies, H3Cloud cloud management platform provides unified incorporation and resource pools of heterogeneous IT hardware such as Power mini servers, x86 servers, clustered or distributed storage, network equipment, and security equipment, to achieve unified management and scheduling of resources, improve resource utilization, quantifiable IT resource costs, centralize O&M, and reduce O&M costs.

Benefits for customers

A private production cloud is built upon H3C's full-scenario financial cloud architecture, which ensures a stable and reliable service capability while achieving resource pooling and business clouding, creating obvious benefits for users through the stable operation of traditional core production.

Data center O&M

Resource pooling, dynamic scaling, self-service applications

Service system cost quantification

De-IOE, replacement of mainframes and small servers with x86 servers, to provide a stable operation platform

Best practice

The cloud platform for the development and testing environment of the National Processing Center (NPC) of the General Clearing Center of the People's Bank of China in Beijing was officially launched in 2019. With a new cloud architecture to quickly realize the elastic scaling of storage resources, network resources, and computing resources, it can centralize and standardize infrastructure resources. It can respond flexibly to service applications, while reducing O&M costs and maximizing service values. It implements the guiding ideology of the People's Bank of China to steadily advance the construction of the payment and clearing systems, ensure the safe and stable operation of the payment and clearing systems, vigorously expand the scope of clearing services, and improve payment and clearing services. It ultimately achieves the goals of security compliance, cloud services and ease of use.

Thanks to its powerful solutions and platform heterogeneous connection capabilities, H3C helps the General Clearing Center of the People's Bank of China in the production environment and development and test environment of the Beijing data center, and transforms the existing IT architecture into cloud. The traditional data center is completely cloud-based, and the core clearing system goes to the cloud. The native cloud applications can deploy new services and carries multi-place and multi centers in the future. The cloud platform project of the General Clearing Center of the People's Bank of China is a practical example of a large financial institution's traditional production environment based on a hybrid architecture as a whole.

H3C Full-Scenario Finance Cloud Solution Internet Finance Cloud

Overview

The continuous development of Internet finance services has created unique needs for software development in the technology department of financial institutions. On the one hand, providing customized services to users has become a mainstream trend today. To create customized financial services that meet the needs of different types of consumers for customized financial products, application R&D projects of financial institutions need to be diversified. On the other hand, in this era of fast-changing hot topics, each hot topic is transient. To launch products closely up with the current topics and to grasp the best marketing point, higher demands are imposed for the product development period.

The Internet finance service characteristics generated by the service elasticity and scalability, high concurrency, high availability, rapid changes in demand, rapid innovation, rapid development on line, rapid iterative release and other traditional architecture are difficult to meet the demand. The Internet finance cloud solutions based on the microservice architecture and DevOps concept, uses container technology and Kubernetes arrangement technology, builds PaaS platform capabilities to achieve the ability to support the Internet-based service changes frequently and high concurrency. At the same time, the H3C Internet financial cloud solution is based on common X86 hardware, which eliminates the limit on equipment vendors and significantly reduces the procurement and maintenance costs.

Highlights

Based on cloud-native containerization and microservices architecture solutions, the rapid deployment and rapid iteration of Internet finance business are supported.

Full X86 architecture computing resources to achieve de-IOE and autonomous control.

Deep cooperation with mutual fund service and financial ISV ecology to ensure the rapid development of Internet finance service.

Benefits for customers

Internet financial cloud solutions meet the demand for service model innovation and operation model innovation. It supports a new generation of Internet banking system, providing billion level account processing capacity and 10 million level daily transaction processing capacity, and supports linear expansion of the system.

The Internet financial model brings a new operation model. Expand new banking services and customer acquisition channels.

The financial service is geared to be customer-centric and meet the 7×24 service needs.

The rapid iteration of Internet finance service and rapid deployment are realized.

Best practice

Bank of Tianjin's online loan cloud platform is used for Internet service scenarios, H3C and Yusys Technologies work together on products and solutions for in-depth application-level cooperation, jointly building a private financial cloud for customers and providing one-stop Internet financial services. H3C provides a complete H3Cloud IaaS+PaaS overall solution to support the digital financial SaaS platform, to provide the integration of external resources, rapid service implementation, and tight coupling with the business needs of banks.

H3C Full-Scenario Finance Cloud Solution Finance Industry Cloud

Overview

With the accelerated application of new technologies such as AI, big data, cloud computing and Internet of Things in the financial industry, Fintech is seen as a powerful weapon for the digital transformation of the financial industry. Fintech is not only changing the management mode and business shape of the banking industry, but also further influencing the mindset of people. For small financial institutions, since the Fintech lacks foundation and capability, they can only rely on the "financial industry cloud" platform to complete business transformation, which brings significant opportunities for large financial institutions to engage in Fintech realizations. However, for large financial institutions, they have already accumulated plenty of mature experience in cloud computing field. While ensuring digital transformation, it can help small- and medium-sized financial institutions realize the cloudification of core services and the needs of rapid iteration of Internet financial business. For small- and medium-sized financial institutions, it can not only reduce the CAPEX and OPEX investment brought by the rapid development of their services, but also keep up with the pace of Fintech development, to quickly achieve their own small and sophisticated technological strategic goals.

Highlights

Build "one cloud" with the multi-cloud management platform CMP. Based on the portal, small and medium financial institutions can implement unified deployment and management of private production cloud, Internet financial cloud and development and testing cloud.

The cloud computing architecture realizes resource intensification, standardization and service, and improves the overall operation efficiency.

It provides IaaS and PaaS unified cloud delivery, unified resource management and operation services, supports microservice-based PaaS architecture, and realizes the output of technology services with the concept of service as management.

With the large-scale, elastic expansion and automatic expansion capabilities, cloud resources can be quickly and elastically expanded to support on-demand expansion and rapid delivery of service systems.

It supports operation and billing, and provides quantifiable cost management methods for on-demand resource usage.

Benefits for customers

The financial industry cloud provides financial institutions with the ability to realize their financial technology capabilities from internal support to external output. It provides external cloud resource services and scientific and technological capability output, service supply, and active innovation.

A multi-center cloud platform realizes unified resource management, unified resource allocation, and unified resource operation and maintenance, greatly reducing operation and maintenance costs.

The architecture is open and compatible, and can be flexibly customized and elastically extended.

It realizes cost quantification and flexible billing system.

Best practice

In 2018, Zhejiang Rural Credit began to build a financial industry cloud that provides cloud services to 81 regional banks in the province, namely Zhejiang Rural Credit "Fengshou Creative Cloud". Zhejiang Rural Credit "Fengshou Creative Cloud" adopts the industry-leading multi-cloud management architecture to build a cloud that is physically isolated and logically unified. The innovative architecture supports the stable operation of the industry cloud. At the same time, as a large-scale pioneering practice of financial industry cloud in the rural credit system, Fengshou Creative Cloud is also a trusted financial industry cloud that is autonomous, controllable, safe and reliable. H3C won the bid for the Zhejiang Rural Credit Fengshou Creative Cloud Project and implemented the project successfully. It provides strong support for the efficient O&M of Zhejiang Rural Credit Fengshou Creative Cloud.