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In the tide of the digital age, data, as a key production factor, is profoundly changing the operating logic and value creation model of enterprises. As the core driving force of this change, the data middle platform has become an indispensable strategic cornerstone for enterprises to achieve digital transformation.

On August 12, 2024, Huawei Cloud Computing Technology Co., Ltd. (hereinafter referred to as "Huawei Cloud") and Tonghui Chengtai Information Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Tonghui Chengtai") signed a strategic cooperation agreement. The two parties will actively carry out in-depth cooperation in the field of data middle platform construction. Tonghui Chengtai Executive Director, Huawei Cloud Shanghai Deputy General Manager, Tonghui Chengtai General Manager, Huawei Cloud Pudong New Area Deputy General Manager and others attended the signing ceremony. This strategic signing not only marks the close cooperation between Huawei Cloud and Tonghui Chengtai in the field of data middle platform, but also indicates that the two parties will jointly open a new chapter in the digital transformation of financial technology companies.

Based on this signing, Huawei Cloud will leverage its technological advantages in cloud computing, big data, artificial intelligence and other fields, and combine them with Tonghui Chengtai's rich experience in the field of financial technology, to jointly carry out comprehensive cooperation in data team building, data service platform construction and other aspects, and promote the effective integration and value maximization of financial technology companies' data resources.

In terms of data team building, Huawei Cloud will work with Tonghui Chengtai to empower enterprise data governance personnel, lay a talent foundation for future data governance, and build a big data team that understands governance, development, and services. In terms of data platform construction, the two parties will build a data lake platform, a financial blockchain service platform, a data asset management platform, a data self-service analysis platform, etc., comprehensively integrate internal and external data resources, help enterprises achieve one-stop development and operation of the entire data life cycle, and provide strong data support for enterprise decision-making.

In response to data dispersion and silo phenomena, enterprise-level big data platforms and data governance platforms can centrally manage data and comprehensively manage data collection, storage, processing, control and application processes through the data governance platform DataArts Studio. In response to the business department's demand for self-service analysis, the data warehouse platform, data map platform and self-service analysis platform can perform data storage and supply, data display, and implement data permission control and asset management, etc., to help enterprises build an effective communication bridge between business and IT. In response to data quality issues, the two parties will jointly implement services through data governance, sort out enterprise asset catalogs, establish standards and monitor data quality, and ensure the effective implementation and continuous optimization of data governance.

The road may be long, but we will reach our destination if we keep walking. In the future, HUAWEI CLOUD will continue to deepen cooperation with Tonghui Chengtai, jointly explore the application of artificial intelligence in financial scenarios, and output intelligent platform products and solutions for digital finance, equipment operation, supply chain finance, consumer finance, credit risk control and other fields. While improving efficiency and creating greater business value, technology will enable more business scenarios, help financial companies stand out in the fierce market competition, and accelerate the digital transformation of financial companies in Shanghai and even the whole country.