Huawei introduces the "F2F2X" data infrastructure architectureto assist financial institutions in creating "4+" modern data centers in the intelligent era.
During the Financial Data Storage Session that was a part of the Huawei Intelligent Finance Summit 2023, Huawei introduced their novel data center data infrastructure architecture known as F2F2X (Flash-to-Flash-to-Anything).
This architecture helps financial organizations deal with the issues that are brought about by new data, new applications, and new levels of resilience by forming a trustworthy data foundation.
Intelligence is the impetus behind the development of new business scenarios and business models for financial institutions like banks.
There is a proliferation of new services, some of which include personalization, smart contracts, digital assets, and metaverse banking; these provide three challenges to the data infrastructure that is currently utilized by banks.
According to projections made by IDC, the total quantity of data produced by financial institutions throughout the world would reach 48.6 zettabytes in 2025, representing a compound annual growth rate (CAGR) of 26.2%.
Huge volumes of unstructured data provide a number of issues for banks in terms of capacity, performance, and energy efficiency, which will need to be addressed.
89 percent of businesses are now in the process of shifting to multi-cloud business strategies. The effective movement of data across various applications and storage mediums is going to become a new problem for bank data management in the era of multi-cloud computing.
A successful business ransomware attack costs $7.8 million on average. The F2F2X architecture from Huawei offers all-flash main and backup storage, as well as varied archive storage.
This architecture is intended to efficiently release the potential of data and activate the potential of "4+" data centers (data acceleration+, data resilience+, data mobility+, data management+).
Core technologies such as decoupled storage and compute, multi-controller and multi-active architecture, and all-flash primary storage and backup accelerate data processing in financial new digital core and financial data warehouse scenarios, achieve all-flash primary storage and backup, and outperform the industry's next best by 30%.
With a 4-layer storage ransomware protection solution, the Huawei-proprietary machine learning (ML) algorithm boasts the industry's best detection rate (99.9%) and serves as the final line of defense for data protection.
The DME global data scheduling engine and six intelligent data tiering features offer the lowest TCO throughout the data lifecycle.
With a focus on service scenarios such as financial data analysis and artificial intelligence, Huawei's data lifecycle intelligent management platform DME enables second-level search of 10 billion files, multi-dimensional intelligent insight into global files, quickly identifies hot and cold data distribution, and intelligently tiers or deletes data, improving management efficiency.
Spark Wang, Director of Cybersecurity and Privacy, PwC China, said:
For ransomware attacks, we need to enhance network-side protection to reduce the risks of attacks. Furthermore, data resilience also needs to improve. In the event of network-side protection failure, we need to take quick measures to prevent data from being encrypted, and provide prompt attack warnings. In the event that production data is encrypted or the entire data center is 'contaminated', we need to retain a complete and clean data copy for rapid recovery of the service system.- Spark Wang
Michael Fan, Vice President of Global Data Center Marketing & Solution Sales Dept, Huawei Enterprise BG, said:
Huawei's data infrastructure products and solutions have been used by over 1,300 financial institutions worldwide. Customers' desire for 4+ data centers motivates us to always innovate. With the F2F2X architecture as the blueprint, we will continue increasing R&D investment and building a more reliable, efficient, and greener data foundation for financial industry to deal with business challenges in the intelligent era.- Michael Fan